Mr. Carpenter brings a wealth of experience earned over a 25-year career in real estate investment and management. He most recently spearheaded Greystone's move into Real Estate Investment Management (REIM) for third-party investors through the acquisition of a leading real estate management company.

"We are pleased to announce the closing of the sale of the Hilton Boston Back Bay for a very attractive value and the significant progress we've made in paying down our strategic financing," commented Rob Hays, Ashford Trust's President and Chief Executive Officer.

“The acquisition was significant as it marks the Company’s strategic entry into the self-storage sector, which is one of its primary investment targets with a focus on alternative real estate sectors,” said Keith Lampi, chief executive officer of the Company.

Blackstone REIT's sponsor, private equity giant Blackstone, this week signaled such a return to growth with a $10 billion offer, its biggest multifamily deal to date, to take Apartment Income REIT private.

What can explain these divergent experiences with retail properties and net leased properties? How can net lease experience stable values in the face of high interest rates and constrained capital while multi-family experiences a massive adjustment in values under the same conditions?

“Partnering with AIX allows Concorde to provide our representatives – especially those that offer alternative investments, DSTs, and 1031 offerings – and their end investors with a streamlined technology solution to meet each client’s unique investing needs.“

On a strategic front, Blackstone has taken assertive steps in financing significant real estate deals, evidencing its leverage over the current market dynamics.

“Inland continues to be bullish on acquiring student housing properties and we intend to purchase 10 or more of these before the end of this year.” 

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