The Japanese real estate investment firm Gates Group Inc. has partnered with Oasys, a blockchain-based game development platform, to tokenize $75 million worth of Tokyo real estate assets on the Oasys blockchain platform. Following the Tokyo rollout, the new...
Russian nationals are taking a new shine to US real estate, generating a 78.5% year-over-year activity spike in this market. According to The Moscow Times’ analysis of Tranio data, the US ranks ninth among Russian real estate investors seeking global properties,...
Slate Asset Management, a Chicago-headquartered investor and manager focused on real estate and infrastructure assets, has acquired a six-property, 1,600-unit multifamily portfolio for $226.5 million. The properties in the portfolio are garden-style apartments...
The Alternative & Direct Investment Securities Association (ADISA), the trade association for the alternative investments industry, announced the appointment of Jade Miller to the newly created role of CEO. Miller previously served as the president of ADISA’s...
Issuance of private-label commercial mortgage-backed securities (CMBS) fell by 41% to $22 billion in the second quarter from $37.55 billion in first-quarter volume. However, new data from Trepp Inc. determined the issuance during the first half of the year totaled...
BlackRock Inc. (NYSE: BLK) announced it is acquiring ElmTree Funds, a St. Louis-based net-lease real estate investment firm with $7.3 billion in total assets under management. The financial details of the acquisition were not disclosed. Founded in 2011, ElmTree has...
