The Future of Autonomous Driving is Coming Down the Road Fast with Major Implications for Real Estate Intel Sees Fast-Developing Driving Technologies Ushering in $7 Trillion 'Passenger Economy' by 2050, Real Estate to Rethink Everything from Amenities to Zoning June 14, 2017 | by Mark Heschmeyer | CoStar Intel CEO Brian Krzanich has a warning for…

Trump has yet to make his mark on the economy, top forecaster says June 13, 2017 | by Rex Nutting | MarketWatch President Donald Trump hasn’t yet made his mark on the U.S. economy, despite the euphoria on one side and the dread of the other that greeted his election, said Brian Wesbury, chief economist for…

Tech-Savvy Millennials Rewriting Financial Marketplace Rules, Says FINRA's Axelrod Industry must attract this cohort 'if we want to avoid the looming succession cliff,' says FINRA's regulatory chief June 13, 2017 | by Melanie Waddell | ThinkAdvisor  Tech-savvy millennials are “rewriting the rules of the financial marketplace,” with the banking industry at “the highest risk of disruption by…

Carey Financial Closing Its Doors June 16, 2017 | by James Sprow | Blue Vault W. P. Carey Inc. announced today that its Board of Directors approved its plan to end all nontraded REIT fundraising to concentrate on net lease investing. The Company sees the move as eliminating the costs associated with its retail fundraising…

Tax reform is noble goal—but hands off like-kind exchanges June 9, 2017 | by DAN WAGNER | Chicago Business Rarely do the interests of small businesses owners, multi-generational family farmers and a broad range of local entrepreneurs agree with almost a century of federal income tax policy—especially when it results in billions of dollars in…

DOL fiduciary rule: When advisers actively seek to use BICE Many advisers are embracing an exemption they've frequently derided, even though a less-contentious one is available for annuity sales June 14, 2017 | by Greg Iacurci | InvestmentNews.com To opponents of the Department of Labor's fiduciary rule, the best-interest contract exemption is something akin to the spawn…

Phoenix American Financial Services Announces Zane Doyle as New Vice President, Chief Strategy Officer For Business Development June 12, 2017 | Phoenix American Financial Services SAN RAFAEL, CA –Phoenix American Financial Services (PAFS) announced today that the company has hired Zane Doyle as Vice President, Chief Strategy Officer for Business Development. Mr. Doyle will be…

Griffin Capital’s BDC to Merge with Griffin’s Credit Interval Fund June 16, 2017 | by Jared Schneider | Blue Vault According to a filing from Griffin Institutional Access Credit Fund, there will be a special stockholder meeting to vote on the combination and reorganization of Griffin-Benefit Street Partners BDC Corp. and Griffin Institutional Access Credit Fund.…

Sierra Income Corporation BDC Reduces Sales Load June 16, 2017 | by Jared Schneider | Blue Vault According to an announcement on June 15, 2017, Sierra Income Corporation reduced the upfront selling commission from 7.00% to 3.00% and the dealer manager fee was reduced from 2.75% to 2.50%. Additionally, the Advisor will pay the Dealer Manager…