Self-storage industry leading charge on real estate conversions by Mike Consol | Nov 12, 2024 Self-storage construction has surged in recent decades, but not all self-storage space comes from new construction.
Schroders promotes Tom Darnowski to CEO Americas by Kali Persall | Nov 12, 2024 Schroders, a global investment manager that provides active asset management, wealth management and investment solutions, has promoted Tom Darnowski to CEO Americas, starting Jan. 1.
Alliance Global Advisors debuts talent recruitment arm, Alliance Search Partners by Kali Persall | Nov 8, 2024 Alliance Global Advisors, a women-owned consulting firm specializing in strategic growth solutions for real asset investment managers, has launched Alliance Search Partners in response to strong industry demand.
Capital Square sells Bedford Parke Apartments DST in UPREIT transaction by Kali Persall | Nov 8, 2024 Capital Square, a U.S. sponsor of tax-advantaged real estate investments and an active developer and manager of housing communities, has announced the sale of CS1031 Bedford Parke Apartments DST, a 232-unit multifamily community in Warner Robins, Ga., through an umbrella partnership real estate investment trust (UPREIT) transaction.
JLL Income Property Trust receives $100m equity investment from its sponsor by Released | Nov 8, 2024 JLL Income Property Trust, an institutionally-managed daily NAV REIT with approximately $6.6 billion in portfolio equity and debt investments, has announced that its sponsor, Jones Lang LaSalle (JLL) has committed to make an additional co-investment of equity in the company.
Cetera Financial Group CEO to retire in December by Kali Persall | Nov 8, 2024 Adam Antoniades, CEO of financial adviser wealth hub Cetera Financial Group, has announced plans to retire from his position on Dec. 31.
Blackstone promotes Sheila Rapple to COO for EMEA wealth as part of European expansion by Kali Persall | Nov 7, 2024 Blackstone has promoted Sheila Rapple, who currently serves as senior managing director and global head of investor services in the firm’s Private Wealth Solutions Group, to chief operating officer for EMEA wealth, according to Reuters.
Principal Asset Management examines key real estate sectors in new U.S. report by Kali Persall | Nov 7, 2024 Principal Asset Management has released its U.S. Real Estate Sector Report, touching on performance and implications for a number of key property types and sectors.
REITs fall 3% in October, but remain up 10% YTD by Loretta Clodfelter | Nov 7, 2024 REITs fell in October, with the FTSE Nareit Equity REITs Index recording a decline of 2.9 percent. REITs are up 10.1 percent, year-to-date, according to the index.
EP Wealth Advisors acquires Gather Financial Planning and Riley Private Client by Released | Nov 7, 2024 EP Wealth Advisors, a fee-only registered investment adviser, has acquired Gather Financial Planning in Maine and Riley Private Client in Texas. Financial terms of the deals were not disclosed.
Alterra IOS, J.P. Morgan Asset Management announce sale of 51-property IOS portfolio by Denise Moose | Nov 7, 2024 Alterra IOS announced the sale of a 51-property portfolio to Peakstone Realty Trust in an off-market transaction valued at $490 million.
Corient Capital Partners leader Jon Tenney introduces THECE Wealth Management by Kali Persall | Nov 6, 2024 Jon Tenney, a founding partner and investment adviser at Corient Capital Partners, has announced the creation of THECE Wealth Management, a new registered investment adviser in Newport Beach, Calif., that will cater to high-net-worth clients.
Keystone Private Wealth hires Joe Sanchez as an investment adviser representative by Kali Persall | Nov 6, 2024 Joe Sanchez has joined Keystone Private Wealth (KPW), an adviser in Southern California with more than $600 million in assets under management, as an investment adviser representative.
Ares Management to end 2024 with record gross capital exceeding $80b by Elise Mackanych | Nov 6, 2024 Ares Management Corp. is planning to end 2024 with a record total gross capital of more than $80 billion, beating its 2021 record of $77 billion, according to a third quarter earnings call that took place on Nov. 1.
Allianz X forms JV with AlTi Global to serve UHNW wealth segment by Released | Nov 6, 2024 Allianz X has announced a joint venture with AlTi Global, an independent global wealth manager with more than $72 billion in combined assets, enabling the formation of a strategic partnership with Allianz Global Investors (AllianzGI) to create a private markets offering for the ultra-high-net-worth (UHNW) wealth segment.
