All Preferred Shares Not Created Equal – Why FactRight Incorporates Scenario Analysis in our Analysis of Preferred Securities

by Kevin Kirkeby

It should come as no surprise that the old investment adage about getting what you pay for holds true for preferred stock, too. Despite often being pitched as a bond alternative, especially lately, there are multiple factors beyond dividend yield to consider. Among the features, an investor needs[...]

Filed Under: Due Diligence, Best Business Practices, About FactRight, Best Practices

How to Assess Affiliated Transactions in Private Placement Programs

by Kemp H. Hanley

Affiliated transactions can be thorny. They raise conflicts of interest and create additional governance challenges and risks. The relative fiduciary duties (or lack thereof) that the manager owes to each side of the transaction complicates the picture. Investors are understandably apprehensive[...]

Filed Under: Due Diligence, Alternative Investments, Best Practices, Private Placements

The 1031 Show Features FactRight's Brandon Raatikka

by Brandon Raatikka

One of the most prominent products in the alternative investment space in recent years have been DSTs/1031 Exchanges, which has grown to become an annual $8 billion to $10 billion industry. However, with recent trends in rising interest rates and cap rate compression for many asset classes, due[...]

Filed Under: 1031 Exchange, Due Diligence, REITs, Real Estate, Alternative Investments, Video, DSTs, About FactRight

FactRight's Annual Due Diligence Conference Takes Music City

by Kate Stephany

We came, we saw, we diligenced.

Filed Under: Due Diligence, Alternative Investments, About FactRight

What is ESG and Where is it Headed?

by Julie Olsen

Background 

Filed Under: Due Diligence, Alternative Investments, Best Practices

Evaluating Cap Rates Through a Due Diligence Lens

by Kevin Kirkeby

I’m going to get this out of the way right now. I don’t know where cap rates will end this year, and certainly can’t predict where they will be in five years or in ten. What I do know is that cap rate compression has provided a notable tailwind to real estate performance for the past several years.[...]

Filed Under: Due Diligence, Real Estate, Alternative Investments, Best Practices

How Inflation and Interest Rate Increases Could Impact Real Estate-Focused Alternative Investments

by Jeff Baumgartner

Inflation is running at 8.6%, and the Fed has been aggressively raising interest rates. It is now signaling that equally large rate hikes could be on the horizon as early as next month. The Fed’s dual mandate is to keep the economy at full employment while at the same time keeping inflation under[...]

Filed Under: Due Diligence, Real Estate, Alternative Investments, Best Practices

A Guide to Understanding Proposed Changes to the QOZ Program

by Russell Putnam

In 2017, Congress created the qualified opportunity zone (QOZ) program to encourage long-term investment in economically distressed communities by providing investors with three tax incentives to help drive private capital to lower-income areas throughout the country. Since then, the FactRight team[...]

Filed Under: Due Diligence, Alternative Investments, Qualified Opportunity Funds, Best Practices, QOZ Funds

Investment Committee Best Practices for Wealth Managers

by Julie Olsen

An investment committee (IC) provides wealth management firms a formalized mechanism for improved due diligence, ongoing monitoring, and decision-making.  A good IC aligns organizational goals, roles, and processes and enhances accountability, clarity of purpose, and shared knowledge among the[...]

Filed Under: Alternative Investments, Best Practices

Largest Interval Funds - A Due Diligence Guide

by Gavin Aydt

An interval fund is a subcategory of closed-end funds and is a Regulated Investment Company (RIC), which is subject to 1940 Act regulation. Shares of interval funds are not generally “redeemable,” which is why the funds are classified as closed-end rather than open-end funds. Interval funds are so[...]

Filed Under: Due Diligence, Interval Funds