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Monthly Archives: June 2015

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Griffin Essential Asset REIT II Closes on Industrial, Office Buys Totaling $115.7M

Griffin Capital Essential Asset REIT II Inc., a publicly registered non-traded real estate investment trust sponsored by Griffin Capital Corp., has completed the acquisition...

The Payoff Principle: On Passion

Once you’ve decided to live a life of purpose and on purpose, you need the power of passion to ignite that purpose. What is...

PENSCO Launches Proprietary Technology to Streamline Investment in Non-Traded Alts

PENSCO, an alternative asset custodian for self-directed individual retirement account investors, launched its new paperless deal funding technology—PENSCO Alt-Nav™. The technology was designed to...

CPA:17 – Global Acquires $88 Million Bon-Ton Portfolio

CPA:17 – Global, a publicly registered non-traded real estate investment trust sponsored by W.P. Carey Inc. (NYSE: WPC), has acquired a portfolio of six...

Tender for Steadfast Income REIT Shares Attracts Few Sellers

Coastal Realty Business Trust initiated a tender offer to acquire up to 4 million shares of common stock from Steadfast Income REIT Inc.’s shareholders...

AR Capital’s Patrick O’Malley Named CIO of NY REIT and ARC NYC REIT

Just weeks after institutional investor Sorin Capital Management called on the board of New York REIT (NYSE: NYRT) to sever ties with its external...

Commonwealth Capital Snags DiversityBusiness.com Annual Summit Awards

Commonwealth Capital Corp., an equipment leasing and financial services company, was recently honored with four awards during DiversityBusiness.com’s 15th Annual National Summit held at...

Griffin CEO: Coke Departure Offers Upside to Investors

Yesterday, The DI Wire reported on the Coca-Cola Company’s plan to vacate 2500 Windy Ridge, a 16-story office tower near Atlanta owned by Griffin...

Survey: Wealth Managers, Private Bankers’ Clients Plan to Maintain or Increase Real Estate Holdings

In a recent survey by real estate services firm Savills and strategic advisory firm Weatherill Consulting, 91 percent of wealth managers and private bankers...

Barron’s Names Securities America’s Haussmann One of Top Women Financial Advisors

Securities America, a wholly owned broker-dealer subsidiary of Ladenburg Thalmann Financial Services Inc., announced that Trudy Haussmann has been named to Barron’s Top 100...

Alternative Investment Custodian Surpasses $5.6 Billion in Private Fund Assets

Millennium Trust Company, a provider of alternative asset custody solutions, reported that, as of June 1, 2015, they surpassed $5.6 billion in private fund...

$340 Million Invested by NorthStar Real Estate Income II

NorthStar Real Estate Income II Inc., a publicly registered non-traded real estate investment trust, purchased Mid-South Industrial REIT I, a portfolio of 22 industrial...

KBS REIT III Acquires $98 Million Atlanta Office Tower

KBS Real Estate Investment Trust III, a non-traded real estate investment trust based in Newport Beach, CA, purchased 201 17th Street in Atlanta, GA...

CPA:18 – Global Funds $29 Million Hotel Build

CPA:18 – Global, a publicly registered non-traded REIT sponsored by W. P. Carey (NYSE: WPC), has entered into an agreement to fund the development...

Coca-Cola to Vacate Griffin-Owned Office Tower

The Coca-Cola Company (NYSE: KO) announced plans to relocate 500 employees from 2500 Windy Ridge in the Atlanta-suburb of Marietta, GA, to downtown Atlanta...

Securities America Lures Three Advisors From WFG Investments

Securities America, a wholly owned broker-dealer subsidiary of Ladenburg Thalmann Financial Services Inc., has lured Ft. Worth, Texas-based advisors Marcos Andujar, Kristopher Beaulieu and...

Altegris Survey Finds Investors Bullish On Alternatives

A significant majority of high net worth and institutional investors plan to increase their allocation to alternative funds in 2015, according to a survey...

Jason Fox Named President of W.P. Carey Inc.

New York City-based W.P. Carey Inc., a global net lease real estate investment trust, recently revealed some new senior management responsibilities. Jason Fox, for...

Hartman Short Term Income Properties XX Enters Agreement to Buy Office Building

Hartman Short Term Income Properties XX Inc., a Houston-based real estate investment trust, has agreed to purchase Ashford Crossing II from KWI Ashford Westchase...

ARC Trust V Now American Finance Trust, Primed for NYSE Listing

American Realty Capital Trust V Inc., a publicly registered, non-traded real estate investment trust sponsored by AR Capital, is now officially known as American...