Home 2022 November

Monthly Archives: November 2022

image_pdf

Hartman vREIT XXI Issues “Going Concern” Warning

In its recently filed quarterly report with the Securities and Exchange Commission, Hartman vREIT XXI Inc., a non-traded real estate investment trust, announced its...

Owl Rock Core Income Corp. Reports Monthly NAV Per Share

Owl Rock Core Income Corp., a non-traded business development company, has declared a net asset value per share for its three classes of common...

Perigon Wealth Management Acquires $330 Million RIA and Adds Financial Advisor

Perigon Wealth Management, an independent wealth management firm with more than $4 billion in client assets under management, acquired Nauset Wealth Management LLC of...

Greenbacker Closes on $150 Million Credit Facility

Greenbacker Renewable Energy Company LLC, an asset manager and sponsor of investment vehicles focused on renewable energy, completed the closing of a new $150...

Schorsch-Related SPAC to Liquidate

G&P Acquisition Corp. (NYSE: GAPA.U), a publicly traded special purpose acquisition company led by former non-traded REIT kingpin Nicholas Schorsch, announced that it will...

Griffin Capital Adds Another Industry Vet to Sales Team

Griffin Capital Company has hired Andy Marrone to serve as a senior vice president on their “Wealth Solutions Team.” Prior to joining Griffin Capital, Marrone...

Blackstone Updates Monthly NAV Per Share and Total Return

Blackstone Real Estate Income Trust, a publicly registered non-traded REIT sponsored by private equity giant The Blackstone Group (NYSE: BX), updated the monthly net...

Commonwealth Adds $750 Million Minnesota RIA

Commonwealth Financial Network announced the addition of Minnesota-based Ryan Financial Group to its network of financial advisors. Formerly with Lincoln Financial Group, chairman Jack Ryan,...

Blackstone REIT Redemptions Soar While Equity Raise Stumbles

In 2016, private equity giant The Blackstone Group (NYSE: BX) unveiled Blackstone REIT and began the transformation of the non-traded REIT industry. “BREIT,” as...

Apollo’s $5 Billion Non-Traded REIT Now Effective

Apollo Realty Income Solutions Inc., a $5 billion non-traded NAV real estate investment trust sponsored by Apollo Global Management Inc., (NYSE: APO), was declared...

Carter Multifamily Buys Alabama Apartments for $36.6 Million

Carter Multifamily, an affiliate of Carter Funds and sponsor of private placement offerings, has acquired Astoria Apartments, a 252-unit multifamily community in Mobile, Alabama...

Invesco REIT Declares Monthly Net Asset Value Per Share and Portfolio Update

Invesco Real Estate Income Trust Inc., a publicly registered non-traded real estate investment trust, declared a portfolio update and monthly net asset value per...

GWG Directors Jump Ship

GWG Holdings Inc., the bankrupt financial services firm and sponsor of non-traded bond offerings backed by life settlements, revealed late yesterday that three members...

Labor Dept. Publishes Final ESG Rule for Retirement Investments

The U.S. Department of Labor on Tuesday published a final rule that allows plan fiduciaries to consider climate change and other environmental, social and...

Ares Industrial REIT Updates Monthly NAV Per Share

Ares Industrial Real Estate Income Trust Inc., a publicly registered non-traded real estate investment trust managed by Ares Management Corporation (NYSE: ARES) and formerly...

Leitbox Sells Michigan Self-Storage Facility for $20.5 Million

Leitbox Storage Partners, a sponsor of private placement investments, sold a newly developed self-storage facility in Bloomfield Hills, Michigan for $20.5 million. Leitbox broke ground...

Griffin Capital Adds Industry Veteran to Distribution Team

Griffin Capital Company LLC hired Matthew Couri to serve as a senior vice president of wealth solutions. He will focus his efforts on managing...

Ares REIT Updates Monthly NAV Per Share

Ares Real Estate Income Trust Inc., a publicly registered NAV-based perpetual life real estate investment trust formerly known as Black Creek Diversified Property Fund,...

Caliber Acquires Land for OZ Development

Caliber, a sponsor of qualified opportunity funds, has purchased the lease rights for 100 acres of land to begin developing The Riverwalk Development project,...

JVM Acquires Apartment Community in Chicago

JVM Realty Corp., a multifamily real estate investment firm and sponsor of private placement offerings, acquired Seasons at Romeoville, a 240-unit luxury apartment community...