Caroline Alabach, who manages more than $265 million in client assets, will join Mainspring Wealth Advisors, an independent branch in the Puget Sound area.
While the number of transactions was roughly the same, REIT M&A value rose to $81.75 billion from $33.37 billion last year.
Rental growth in the self-storage sector will hit a new normal, according to Eric Frankel, an analyst with Green Street Advisors. But the new normal will be “fine.”
BlackRock and PGIM Investments join eight other firms as “Strategic Product Partners” with Edward Jones.
There have been pressures on the skilled nursing occupancy rate since 2011, notes Bill Kauffman, senior principal at NIC.
A recent research report found that about 60 percent of the REIT CEOs analyzed saw their compensation rise by 3.3 percent, based on the median change from 2016 to 2017.
Essentially, “Welltower is buying skilled nursing assets on the cheap,” says Matt Kopsky, a REIT analyst at Edward Jones who covers Welltower.
BlackRock had its strong net flows in its history in 2017, CEO Larry Fink says.
It appears that the sector is evolving into a case of the “haves” and “have nots.”