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Kbs Launches $1b Online Real Estate Fund Offering - Costar Group
The Offices at Greenhouse in Houston is one of four owned by the new KBS fund Nontraded REIT KBS Growth & Income REIT, which closed its public offering in June 2017 after raising gross proceeds of just $6.7 million, has now turned to private crowdfunding to continue raising investment funds. KBS Growth & Income REIT launched its initial public offering in April 2016 hoping to raise $1.5 billion in two years. However, the REIT's fundraising efforts... Full investment news article
How To Prevent Electric Vehicles From Stressing The Grid
As electric vehicle use rises, utilities need to adopt a flexible rate structure to avoid overtaxing the grid. : According to the Edison Electric Institute, seven million zero-emission vehicles will be on American roads by 2025. This could have significant impacts on the grid as charging one electric vehicle (EV) is nearly equivalent to adding three houses to the power system. Utilities must implement rate designs to efficiently manage electricity demand. Rate structure options include demand charges, time-of-use rates and … Full investment news article