GS Infrastructure Partners (GSIP- Goldman Sachs) Good. Clarion Lion Industrial Trust is a real estate core fund managed by Clarion Partners. The Funds Public Allocation Sub-Advisor, CenterSquare Investment Management, a BNY Mellon Company, is focused exclusively on real estate and structured to provide attractive investment performance to institutional real estate investors. Find company research, competitor information, contact details & financial data for Banco Industrial of Plainfield, NJ. Total returns are for the period indicated and have not been annualized and do not reflect the impact of sales charges. Formerly known as the Cornerstone Patriot Fund. The Lion Industrial Trust had a net asset value of $14.4bn last year. Our responsibility is to express an opinion on these financial statements and financial highlights based on our audits. In considering the extent to which economies of scale would be realized as the Fund grows and whether the advisory fee levels reflect these economies of scale for benefit of the Funds investors, the Trustees considered that the Funds fee arrangements with AHIC and noted that the sub-advisory fee contained break points, which caused the Adviser to pay lower fees to AHIC based on lower asset levels. PURCHASES AND SALES OF INVESTMENT SECURITIES. Glossary, videos, podcasts, research in the Resource Center. Safe, high-performance lithium-ion Batteries (NMC) eMotor Power: Up to 350 kW and 3,500 Nm torque. At September 30, 2016, outstanding collateral amounted to $1,066,237,965. On behalf of the entire Griffin team, we thank you for your continued support. The fund seeks to own, develop, manage and strategically sell industrial warehouse properties and land in 25 U.S. markets. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. The Lion Industrial Trust seeks to own, develop, manage and strategically sell industrial warehouse properties and land in 25 U.S. markets. Constructed between 2001 and 2005, the portfolio [] As of October 3, 2016 the private securities represent over $139 billion of real estate and 2,196 investments diversified by sector, geography and manager. The cost of purchases and proceeds from the sale of securities, other than short-term securities, for the year ended September 30, 2016 were as follows: Distributions are determined in accordance with federal income tax regulations, which differ from GAAP, and, therefore, may differ significantly in amount or character from net investment income and realized gains for financial reporting purposes. Adjusted for initial maximum sales charge of 5.75%. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. Cipperman Compliance Services, LLC provides a Chief Compliance Officer to the Fund as well as related compliance services pursuant to a consulting agreement between Cipperman Compliance Services, LLC and the Fund. The Fund pursues its investment objective by strategically investing across private institutional real estate investment funds as well as a diversified set of public real estate securities. Material Conflicts of Interest and Proxy Voting Committee. Instead, they may solicit consents from their limited partners, members or shareholders. Material conflicts of interest may arise in situations that include, but are not limited to, when an Underlying Fund or an affiliate of such Underlying Fund has a relationship with the Fund or an affiliate of the Adviser and such Underlying Fund is soliciting proxies and failure to vote in a certain way may affect the Advisers relationship with such company and materially impact the Advisers business; or when a personal relationship between an Adviser officer and management of a company or other proponents of proxy proposals could impact the voting decision. The views and information discussed in this commentary are as of the date of publication, are subject to change, and may not reflect the writers current views. Global Wealth Conferences - SWFI Event Series. Allocation, Sector, and Geographic Diversification are subject to change. Lion Industrial Trust; Use of this site is subject to, and your continued use constitutes your express agreement to be bound by, . In considering the investment performance of the Fund and CenterSquare, the Trustees discussed the performance of the public investments portion of the Fund. All or a portion of a distribution may consist solely of a return of capital (i.e. GRIFFIN INSTITUTIONAL ACCESS REAL ESTATE FUND. Walker Wellford. During the year ended September 30, 2016, the Fund completed four quarterly repurchase offers. As a result, the Adviser may cast different votes on behalf of different Clients. Indexes are not actively managed and do not reflect deduction for fees, expenses or taxes. Griffin Institutional Access Real Estate Fund Class C, Net increase/(decrease) in net asset value, Griffin Institutional Access Real Estate Fund Class I. Accumulated Net Realized Gain on Investments. Effective October 1, 2016, each Trustee who is not affiliated with the Fund or the Adviser will receive an annual retainer of $50,000, to be paid quarterly, as well as reimbursement for any reasonable expenses incurred attending the meetings, and $500 per non-interested Trustee per each special telephonic meeting(exclusive of one special telephonic meeting per year and any telephonic meeting to review the agenda of any upcoming meeting of the Board). Sugar Hill Distribution Center. Dr. Anderson was the former editor of the Journal of Real Estate Portfolio Management; was awarded the Counselors of Real Estate designation, named a Kinnard Young Scholar by the American Real Estate Society, and named both a NAIOP Research Foundation Distinguished Fellow and a Homer Hoyt Institute Fellow. Upload your latest press release or suggest a story idea to our editorial team. The registrants Code of Ethics is attached as an Exhibit hereto. Reported distributions from net investment income and realized gains on investments are not an indication as to whether or not the Funds distributions are supported by the Funds returns. Past performance is not a guarantee of future results. SWFI is a minority-owned organization. The commitment was made on behalf of ACERAs core-plus real estate portfolio, according to a meeting document. The following is a summary of the inputs used in valuing the Funds investments as of September 30, 2016: Level 2 - Other Significant Observable Inputs, Private Investment Funds (Measured at net asset value). The Fund distribution rate is the amount, expressed as a percentage, a Fund investor would receive in distributions if the most recent Fund distribution stayed consistent going forward. It also contained information on Fund expenses, including comparative expense ratio information for other investment companies with strategies similar to the Fund. By clicking on the ACCEPT button below, you acknowledge the previous statement and will be taken to the linked site. Previously, Mr. Propper was a Director at Lakemont Group, a boutique real estate investment banking and consulting firm. The Fund recognizes the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained assuming examination by tax authorities. See the parent company profile. Please review the Funds Prospectus for more details regarding the Funds fees and expenses. Under the terms of the sub-advisory agreements, the Adviser compensates the Sub-Advisers based on a portion of the Funds average daily net assets which they had been allocated to manage. We have continued to utilize a low-cost, passive approach to investing in the flagship U.S. core property funds managed by the leading institutional real estate sponsors. The fund seeks to own, develop, manage and strategically sell industrial warehouse properties and land in 25 U.S. markets. $46,993 of additional Organizational Expenses were recorded subsequent to the May 21, 2014 Seed Audit Financial Statements. All Clarion Partners LLC and Clarion Partners Europe statistics, data and charts, including but not limited to assets under management (AUM), ESG data, sector data and property data, as well as data related to our investors, tenants and employees, are as of 12/31/2022 unless otherwise noted. Lion Industrial Trust (ING Clarion) Manager Login. The Trustees noted the Funds strong performance over the since inception, trailing one year, and year to date through May 31, 2016 periods. 13F filing from LION INDUSTRIAL TRUST, enter your CONTACT. All classes of shares have equal voting privileges except that each class has exclusive voting rights with respect to its service and/ordistribution plans. A negative correlation of -1 indicates that the securities have moved in the opposite direction. How do I update this listing? The Fund invests primarily in big-box warehouse and distribution . Our procedures included confirmation of securities owned as of September 30, 2016 by correspondence with the custodian, brokers, and other appropriate parties or by other appropriate procedures when necessary. One basis point is equal to 1/100th of 1%, or 0.01%. As previously stated, we remain focused on net operating income (NOI) growth. If a Funds NAV decreases, the Fund will have distributed more than it has economically earned or it will have incurred an economic loss. Total returns would have been lower had certain expenses not been waived during the period. Errors are noted below: Thanks for reaching out. CERTIFIED SHAREHOLDER REPORT OF REGISTERED, (Exact name of registrant as specified in charter), (Address of principal executive offices) (Zip code), Report of Independent Registered Public Accounting Firm, Trustees Consideration and Approval of Renewal of Advisory Agreements. It also brings the total number of private real estate holdings to 17. After further review and discussion, the Board determined that AHICs practices regarding brokerage and portfolio transactions were satisfactory. In the twelve-month period since our last annual report, we surpassed one billion dollars in assets under management. This includes acquisition and asset management roles on over 10M SF of industrial real estate for AIG, and right-sizing under performing retail centers for Clarion Partners. Distribution Policy Risk. We believe that our audits provide a reasonable basis for our opinion. newsome high school football coach, uva baseball coach salary, details details alicia,
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