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Senator Tim Scott Plans Legislation to Amend Opportunity Zone Designations

Senator Tim Scott (R-S.C.) is considering a bill that would let state and local governments amend the census tracts that were designated as opportunity...

Cole Office & Industrial REIT Buys Four Properties for More than...

Cole Office & Industrial REIT, a publicly registered non-traded real estate investment trust sponsored by CIM Group, has purchased four commercial properties in the...

Greenbacker Opportunity Zone Fund Completes First Solar Project

Greenbacker Renewable Opportunity Zone Fund LLC, a private placement offering that invests in renewable energy infrastructure assets located in designated opportunity zones, announced that...

ExchangeRight Adds Co-Director of National Accounts to Sales Team

ExchangeRight, a sponsor of securitized 1031-exchangeable real estate investments, has hired Kevin Zwick as co-director of national accounts, where he will help build and...

Phoenix American Hospitality Expands Sales Team with Latest Hire

Phoenix American Hospitality, a Dallas-based opportunistic hotel fund manager, has added Ron Rodriguez to its distribution team as regional vice president. In his new...

Watermark Residential and 3G Capital Close $105 Million Private Equity Fund

Watermark 3G Multifamily Development Fund II, a private equity fund sponsored by Watermark Residential and boutique real estate advisory firm 3G Capital Advisors LLC,...

The IPA Elects Blackstone Managing Director as 2020 Chair-Elect

The Institute for Portfolio Alternatives, an organization representing the non-traded alternative investment industry, has elected Blackstone Real Estate managing director Leon Volchyok as its...

Blackstone REIT Declares Monthly NAV Per Share

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...

Guest Contributor: Where Alts Sponsors Playing in the Retail Space Can...

By Mike Huisman, Head of Alternative Product Solutions at Envision Financial Systems The opportunity for alternative investment sponsors couldn’t be clearer. With most institutions (and...

Federal Opportunity Zone Program Under Investigation by Treasury’s Internal Watchdog

Acting Treasury Inspector General Richard Delmar told NBC News on Thursday that the Treasury Department’s internal watchdog plans to investigate the federal opportunity zone...