REAL ESTATE INVESTMENT
prnewswire | October 28, 2020
New York Life Real Estate Investors ("REI") today announced the final closing of its Madison Square Structured Debt Fund ("Fund"), a commingled, high yield real estate debt vehicle. With nearly $500 million of committed capital, this closed-end fund will originate bridge loans collateralized by institutional-quality office, multifamily, industrial, retail, and other niche sector assets in primary and secondary markets in the United States. The vehicle will originate roughly $1 billion of senior bridge loans in total. John Lippmann, an industry veteran and head of structured debt at REI, serves as the portfolio manager for the Fund. Mr. Lippman and his team have originated nearly $5 billion of structured loans since 2012 and have established a very strong track record and pipeline.
prnewswire | September 28, 2020
Signature Property Group, a real estate development firm that has been devoted to constructing quality apartment communities throughout North Carolina for over three decades, and Bell Partners, one of the nation's leading apartment investment and management companies, this week announced that Bell Partners will become the manager for eight of Signature's current properties in North Carolina as well as for future Signature developments. Signature's portfolio currently includes over 2,400 units across its properties in Greensboro, Raleigh, Durham and Charlotte, with an additional 1,200 units in the company's development pipeline.
REAL ESTATE TECHNOLOGY
Neuberger Berman | March 31, 2021
Neuberger Berman Real Estate Securities Income Fund Inc.has reported a circulation presentation of $0.0312 per portion of basic stock. The appropriation declared today is payable on April 30, 2021, has a record date of April 15, 2021 and has an ex-date of April 14, 2021.
Under its level dissemination strategy, the Fund expects that it will make normal month to month conveyances, subject to economic situations, of $0.0312 per portion of basic stock, except if further move is made to decide another sum. There is no confirmation that the Fund can generally pay an appropriation of a specific sum, or that a conveyance will comprise of just net venture pay. The Fund's capacity to keep up its present dissemination rate will rely upon various elements, including the sum and strength of pay got from its speculations, accessibility of capital gains, the measure of influence utilized by the Fund, the expense of influence and the degree of other Fund costs.
The appropriation reported today, just as future conveyances, may comprise of net venture pay, acknowledged capital gains and return of capital. In consistence with Section 19 of the Investment Company Act of 1940, as corrected, a notification would be accommodated any dissemination that doesn't comprise exclusively of net speculation pay. The notification would be for instructive purposes and not for charge revealing purposes, and would unveil, in addition to other things, assessed parts of the conveyance, assuming any, comprising of net speculation pay, capital gains and return of capital. The last assurance of the source and expense attributes of all disseminations paid in 2021 will be made after the year's end.