Tag: investment

Cresset Diversified QOZ Fund Announces Loan Closing and Construction Start for Investment in Denver

CHICAGO–(BUSINESS WIRE)–Cresset Partners and Diversified Real Estate Capital announced today the loan closing and construction start for the Cresset Diversified QOZ Fund (“Fund I”) investment in the Residences at RiNo multifamily development in Denver, Colorado.

This investment marks the fourth joint venture between Cresset Diversified and Hines, representing over $750 million in opportunity zone developments around the country. Led by Cresset Diversified’s experienced team of real estate, private equity, tax, and legal professionals, Fund I invests in institutional-quality, core real estate development projects and focuses specifically on well-positioned urban neighborhoods in high-growth markets like Denver.

Residences at RiNo is a build-to-core multifamily real estate project located in North Wynkoop, a premier master-planned district and is the only available multifamily development site within the master plan which is located in a qualified opportunity zone, just north of Downtown Denver. The property will be an 11-story, mid-rise residential building with

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A chief investment strategist explains why making short-term bets ahead of the election is a risky strategy

a man talking on a cell phone: Johannes Eisele/Getty Images

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Johannes Eisele/Getty Images

  • A Charles Schwab chief investment strategist explained why making short-term bets ahead of the election is a risky strategy.
  • In the span of the last 30 election cycles, there have been a range of significant impacts on market performance that had “little-to-no relationship” with the incumbent party in the White House, the strategist, Liz Ann Sonders, noted.
  • Considering the multitude of market outcomes in every election cycle, she said “the economy impacts elections more than elections impact the economy.”
  • Investors looking for clear connections between the election and market performance cannot expect easy answers, she said.
  • Visit Business Insider’s homepage for more stories.

Betting on election outcomes is risky as history makes it clear that the relationship between politics and the stock market is varied and absent of consistency, according to a chief investment strategist at Charles Schwab, Liz Ann Sonders.


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Cheap Core Investment ETFs to Diversify for the Long Term

As investors consider the political ramifications of the upcoming presidential election, exchange traded fund investors should be prepared for what the market implications may be of either outcome and what that could mean for investment portfolios.

In the recent webcast, An Election Playbook for Client Portfolios, Liz Young, Director of Market Strategy, BNY Mellon Investment Management; Chris Lucas, Director of Global Government Affairs, BNY Mellon; David Vandivier, Director of Global Government Affairs, BNY Mellon; and Stephanie M. Pierce, CEO of ETF, Index and Cash Investment Strategies, BNY Mellon Investment Management, warned that the coronavirus pandemic is far from over and remains a top risk in today’s market environment. While widespread lockdowns are unlikely, negative news updates will continue through the end of fall. Furthermore, BNY Mellon anticipated that expectations of an opposing party win could continue to cause market weakness ahead.

Overall, BNY Mellon argued that investors should not

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B. Riley Financial Announces Strategic Investment in IQvestment Holdings LLC

LOS ANGELES, Oct. 7, 2020 /PRNewswire/ — B. Riley Financial, Inc. (NASDAQ: RILY) (“B. Riley” or the “Company”), a leading business advisory and financial services company, today announced a strategic investment in IQvestment Holdings, an innovative fintech company offering an industry leading business-to-business eCommerce platform solution, as well as an SEC Registered Investment Adviser for sub-advised accounts and retail investors.

As part of the transaction, Chuck Hastings, B. Riley Wealth Management CEO, joins IQvestment Holding’s board of directors, and Jon Merriman, Chief Business Officer of B. Riley Financial, joins the firm’s advisory board.

“I am honored to be joining IQvestment Holding’s Board of Directors and look forward to working closely with Mark Healy and his experienced leadership team,” said Chuck Hastings. “As a firm, we are very excited to help grow the innovative digital platform that IQvestment has built to deliver cutting edge technology to their

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EU unveils 9 billion euro investment plan for the Balkans

The European Union says it will invest up to 9 billion euros ($10.6 billion) in the Western Balkans to help develop transport and energy infrastructure and spur economic growth and employment in six countries of the volatile region

BRUSSELS — The European Union said Tuesday that it will invest up to 9 billion euros ($10.6 billion) in the Western Balkans to help develop transport and energy infrastructure and spur economic growth and employment in six countries of the volatile region.

The EU’s executive arm, the European Commission, said the funds will be invested in Albania, Bosnia-Herzegovina, Kosovo, Montenegro, North Macedonia and Serbia from 2021-2027. The countries have ambitions to join the EU and the funds will help bring their economies into line with the bloc’s standards

The plan will see money funneled into 10 main areas, including road and rail networks,

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are these cheap UK shares brilliant bargains or investment traps?

It now seems like an age ago when the Covid-19 crisis exploded and UK share investors panic-sold everything including the kitchen sink.

a person holding a cup of coffee on a table: Image of person checking their shares portfolio on mobile phone and computer

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Image of person checking their shares portfolio on mobile phone and computer

A lack of significant interest from dip buyers, however, since the stock market crash of late February and early March means plenty of UK shares still trade on rock-bottom valuations.

A terrific dip-buying opportunity?

Our view of the 2020 stock market crash here at The Motley Fool is clear. We reckon the correction provides an exceptional opportunity for investors to get seriously rich in the years ahead.

There are too many top-quality UK shares that were oversold during the initial crash to miss. We can buy these for low cost today and possibly get stinking rich as they rebound in value once market confidence begins to recover.

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3 real estate investment strategies to maximize your portfolio

  • Strategy plays an important role in building a real estate portfolio. 
  • Ryan Boykin and Jason Shepherd are the cofounders of Atlas Real Estate, a Denver-based property management firm dating to 2013 that now has a portfolio of over 6,000 properties. 
  • With over a decade of experience in real estate investing and property management, the cofounders say 3 strategies should be front of mind for any real-estate investor.
  • Cash flow is king, thinking long-term is essential, and recognizing the value of natural limits is key.
  • Visit Business Insider’s homepage for more stories.

Smart investors know the right strategy plays an important role in building a real estate portfolio.

And that couldn’t be more true for Ryan Boykin and Jason Shepherd, the cofounders of Atlas Real Estate, a Denver-based property management firm born out of the 2008 financial crisis

“We saw a giant problem in society,” they told Business Insider in

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Mexico unveils private-backed $14 billion investment plan to lift ailing economy

By Dave Graham

MEXICO CITY (Reuters) – Mexico’s government presented an almost $14 billion infrastructure investment plan on Monday as President Andres Manuel Lopez Obrador seeks to repair rocky relations with business leaders and lift the struggling economy.

The package, mostly privately financed, is the first clear sign of corporate bosses’ readiness to invest under Lopez Obrador since the coronavirus pandemic plunged Latin America’s no. 2 economy into its biggest slump since the Great Depression.

Ranging from a concession to revive a planned train link between Mexico City and the central city of Queretaro, to investments for state oil firm Petroleos Mexicanos (Pemex), the raft comprises some 39 projects, the government said.

Unveiling the plan, worth over 297 billion pesos ($13.83 billion), at a news conference, Lopez Obrador extended a hand to corporate bosses with conciliatory language.

“We have no problem with business leaders. On the contrary, they deserve our

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Mexico investment plan’s energy projects focus on Pemex refining

FILE PHOTO: The logo of the Mexican state oil firm PEMEX is pictured during a protest against Senator Samuel Garcia’s proposal to close down the Cadereyta refinery as a measure to lower the levels of pollution in the air, in Cadereyta on the outskirts of Monterrey, Mexico August 6, 2020. REUTERS/Daniel Becerril

MEXICO CITY (Reuters) – A $14 billion investment plan unveiled by the Mexican government on Monday focuses energy outlays on the refining business of Petroleos Mexicanos (Pemex), aiming to boost the state oil firm’s ability to process heavy crudes.

The plan, which comprises some 99 billion pesos ($4.65 billion) in energy projects, did not appear to include major new oil exploration and production investments, despite Pemex’s declining crude output and private sector lobbying for them.

The top item is a 54.7 billion peso project to complete a partly-built coking plant at Pemex’s Tula refinery in central Mexico. The

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Bixby Land Company and AXA Investment Managers – Real Assets Acquire Class A Industrial Property in Savannah – Press Release

NEWPORT BEACH, Calif. & POOLER, Ga.–(Business Wire)–Bixby Land Company, a Newport Beach, California-based investor, in joint venture with AXA Investment Managers – Real Assets, acting on behalf of clients, has acquired 95 Logistics Center, two newly constructed Class A warehouse distribution buildings totaling 564,000 square feet, in Pooler, Georgia.

The properties are currently 82% leased to two tenants: 1240 SH Morgan Parkway is fully occupied and 1030 SH Morgan Parkway is 54% occupied with a remaining vacancy of 100,214 square feet available. Offering close proximity to the I-95/I-16 freeways and within a 10-mile radius of the Port of Savannah, the fastest growing container port in the United States by TEU’s, the buildings feature 32’ warehouse clear height, 190’+ concrete truck courts, front- and rear-load configurations and excess trailer parking.

“This purchase represents Bixby’s continued commitment to expansion in the State of Georgia and other markets in the Southeast. We have

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