RCAP and Cetera Sue Lightyear Capital for Poaching Key Execs
RCS Capital Corporation (NYSE: RCAP), the brokerage firm currently undergoing a pre-arranged bankruptcy, and its independent broker-dealer network, Cetera Financial Group, are suing Lightyear...
Cliff McDaniel Named New Director at Moody National REIT II
Moody National REIT II Inc., a publicly registered non-traded real estate investment company, announced that Douglas Bech resigned as an independent director on the...
Franklin Square to Host Fourth Quarter Earnings Calls for Three Non-Traded BDCs
FS Investment Corporation III, FS Energy & Power Fund, and FS Investment Corporation II, three publicly registered non-traded business development companies sponsored by Franklin...
Rufrano: “Great Progress Made Reestablishing Cole Capital”
Vereit (NYSE: VER), the publicly-traded real estate investment trust formerly known as American Realty Capital Properties Inc., hosted its year-end earning’s call this week,...
Hamilton Point Multifamily DST Goes Full-Cycle, Generates 20% Net IRR
Hamilton Point Investments LLC, a sponsor of alternative investment offerings, sold HPI Garden Park DST, an offering comprised of a 246-unit multifamily community located...
Stephen Roman Named Chief Compliance Officer and Secretary at CION
CION Investment Corporation, a non-traded business development company, hired Stephen Roman to serve as chief compliance officer and secretary of the company, effective February...
AI Adds Another Offering to its Platform
AI Insight, a leader in alternative investment education for broker-dealers and advisors, has activated one new offering for training and review on their platform.
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Senate Report Attacks DOL Fiduciary Rule
Sen. Ron Johnson (R-WI), chairman of the Senate Homeland Security and Governmental Affairs Committee, released a report from the committee on Wednesday criticizing the...
Hamilton Point Investments Buys Mississippi Multifamily for $12.4 Million
Hamilton Point Investments LLC, a sponsor of alternative investment offerings, purchased Cambridge Apartments in Gulfport, Mississippi for $12.4 million on behalf of a real...
MVP REIT to Buy Connecticut Parking Garage for $7.8 Million
MVP REIT Inc., a publicly registered non-traded real estate investment trust, entered into an agreement to purchase a parking garage in Bridgeport, Connecticut from...
Hines Global REIT Declares $10.24 NAV
Hines Global REIT Inc., a non-traded real estate investment trust, announced that its board of directors determined a new estimated per share net asset...
$2 Billion Dividend Capital REIT Declared Effective
Dividend Capital, a sponsor of non-traded real estate investment trusts, recently launched Logistics Property Trust Inc., a $2 billion non-traded REIT that focuses on...
VII Peaks BDC II Dealer Manager Quits
Axiom Capital Management Inc., a full-service broker-dealer, terminated its dealer management agreement with VII Peaks Co-Optivist Income BDC II Inc., a non-traded business development...
New Offering Added to the AI Insight Platform
AI Insight, a leader in alternative investment education for broker-dealers and advisors, has activated one new offering for training and review on their platform.
...
New IPA Head Confident About Direct Investment Industry’s Future
Editor’s note: Direct investment industry veteran Anthony “Tony” Chereso was named the new president and CEO of the Investment Program Association in December 2015....
NorthStar Income II Purchases Senior Mortgage Loan
NorthStar Real Estate Income II Inc., a publicly registered, non-traded real estate investment trust sponsored by NorthStar Asset Management Group Inc. (NYSE: NSAM), purchased...
Hartman Joins DTCC’s Alternative Investment Product Program
Hartman Short Term Income Properties XX Inc., a publicly registered non-traded real estate investment trust, will be partnering with the Depository Trust and Clearing...
FINRA Levies Complaint Against VFG Securities
The Financial Industry Regulatory Authority filed a complaint against VFG Securities and its chief executive officer, Jason Vanclef, claiming that the broker-dealer’s supervisory systems...
AR Capital New York City REIT Expands Board, Appoints Lee Elman as Director
American Realty Capital New York City REIT Inc., a publicly registered non-traded real estate investment trust sponsored by AR Capital, announced that its board...
CEO of Hines’ Alternative Investment Programs Appointed to Executive Committee
Hines, a privately owned global real estate investment firm and sponsor of non-traded alternative investment programs, appointed Sherri Schugart to the firm’s executive committee,...
