Asset Manager News & Perspectives

January 31, 2020

Pacific Oak Grows Assets Under Management to $3.2 Billion During 2019, Expands Executive Team

LOS ANGELES, Jan. 27, 2020 /PRNewswire/ -- Pacific Oak Capital Advisors LLC, a sponsor of commercial real estate-focused alternative investments programs, announced today...

January 30, 2020

Blackstone execs tout perpetual platforms, hint at ‘category killer’ in 2020

The Blackstone Group Inc. hopes to raise nearly $100 billion in capital in 2020, driven in part by growth in perpetual capital platforms including...

January 30, 2020

CIM Group Announces CCIT II Property Acquisitions of More than $132 Million

CIM Group announced on January 22, 2020, that CCIT II, a publicly registered non-listed real estate investment trust (“REIT”) sponsored by affiliates of CIM Group...

January 30, 2020

KBS Trades 1.2M SF Florham Park Office Complex for $311M

FLORHAM PARK, NJ—KBS of Newport Beach, CA has sold its six-building, 1.19-million-square-foot Park Avenue at Morris County office complex here...

January 30, 2020

Hines Global Income Trust Sells Property for $80.1 Million

A wholly-owned subsidiary of Hines Global Income Trust (“the Company”) sold the Domain Apartments...

January 30, 2020

American Healthcare Investors Completed Nearly $262 Million in Acquisitions and Developments During 2019

American Healthcare Investors, the co-sponsor of Griffin-American Healthcare REIT III, Inc. and Griffin-American Healthcare REIT IV, Inc., announced...

January 30, 2020

Bluerock Capital Markets Announces a Record Capital Raise of Over $1.47 Billion in 2019

New York, NY (January 30, 2020) – Bluerock Capital Markets, LLC (“BCM” or “Company”), a distributor of institutional alternative investment products, and the dedicated dealer manager for Bluerock Real Estate (“Bluerock”), announced today a new annual record capital raise of approximately $1.47 billion in 2019. Per Robert A. Stanger & Company, BCM ranked among the…

January 29, 2020

Pacific Oak Strategic Opportunity REITs I and II Propose Merger

In a January 29 filing with the SEC, Pacific Oak Strategic Opportunity REIT II, Inc. (“POSOR II”) announced that a Special Committee of its Board of Directors is negotiating...