Finance News
Merrill Lynch on Track for Record Year in Client Acquisitions
Merrill added about 33,500 net new client relationships year-to-date, according to the firm's third quarter earnings. Wells Fargo also announced earnings this week, with mixed results for its wealth management business.
By NB
Oct 18, 2023
Beacon Pointe Completes First Wirehouse Breakaway Acquisition
Beacon Pointe is looking to the wirehouses to bring over talent and assets at lower multiples.
By NB
Oct 18, 2023
12 Midweek Must Reads for Real Estate Investors (Oct. 18, 2023)
Choice Hotels International offered $9.8 billion in stock and debt assumption to buy out Wyndham Hotels & Resorts, reports CoStar News. Cohen & Steers looked at what the September selloff in publicly-traded REITs said about the market. These are a
By NB
Oct 18, 2023
“Now Is the Time to Start to Look for Assets” Say Co-Founders of a New Real Estate Investment Platform
Recently launched Alpaca Real Estate plans to take advantage of the dislocation in capital markets to invest in sectors with strong operating fundamentals and drive alpha through “innovative operating platforms.”
By NB
Oct 17, 2023