Phillips Edison Expands Holdings With Illinois Retail Buy September 15, 2017 | Gail Kalinoski | Commerical Property Executive Phillips Edison & Co., a Cincinnati-based owner of grocery-anchored shopping centers, is continuing its aggressive expansion, adding Hoffman Village to its Illinois holdings. The 159,443-square shopping center in Hoffman Estates, Ill., a Chicago suburb, marks the 14th…

CNL Healthcare Properties Sees Significant Income Gains Across Its Portfolio Orlando, Fla., Sept. 14, 2017 (GLOBE NEWSWIRE) -- CNL Healthcare Properties, a non-traded real estate investment trust (REIT) invested in seniors housing and healthcare properties, continues its focus on maximizing operating performance across its portfolio and completing its most recent expansion project. Reflecting these efforts,…

The Houston CRE Market in Hurricane Harvey’s Aftermath September 15, 2017 | Timea Papp | Commercial Property Executive The metro’s office market emerged mostly unscathed following the Category 4 storm, while the retail, industrial and hotel industries were affected in certain areas. The flooding did the most damage on residential properties, as shown by CBRE’s…

Industrial REITs Experience Unprecedented Success September 15, 2017 | John Egan | National Real Estate Investor  Bolstered by the surge in e-commerce, industrial REITs have become the belles of the industry ball. Propelled largely by the e-commerce boom, industrial rents have grown more than 5.5 percent annually over the past two years in the top 50…

Interval Fund, Nontraded Closed-End Funds and Private Placement Up in August September 19, 2017 | Luke Schmidt | Blue Vault Blue Vault reports sales for Interval Funds and nontraded Closed-End Funds. August sales for these funds that were reported to Blue Vault totaled $160.9 million, up 44% from the $111.8 million reported in July. The…

FSC Securities Corp. appoints Derek Burke as President and CEO September 15, 2017 | Luke Schmidt | Blue Vault On September 13, 2017, FSC Securities Corporation announced Derek Burke will be replacing Jerry Murphy as President and CEO of the firm.  With approximately 1,000 financial advisers across the country, FSC is one of the four…

Coverman Joins IPA as Director of Government Affairs and General Counsel September 15, 2017 | Luke Schmidt | Blue Vault The Investment Program Association (IPA), the primary advocacy and education organization for the portfolio diversifying investments (PDI) industry, has appointed Anya Coverman as Director of Government Affairs and General Counsel, effective September 25, 2017. In…

Economy Watch: Apartment Rents Stabilize in Summer September 6, 2017 | D.C. Stribling | Commercial Property Executive   After falling through the first quarter, the U.S. national median rent has stabilized in recent months, climbing in September to its highest point of 2017: $1,018, though that’s up only a bit from January, when the median…

KBS REIT II to sell Los Angeles office tower for $280M September 14, 2017 | Luke Schmidt | Blue Vault On September 8, 2017, KBS Real Estate Investment Trust II, Inc. entered into a purchase and sale agreement for the sale of Union Bank Plaza to RC Acquisitions, LLC ,an affiliate of Pacific Reach Properties.…