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Monthly Archives: April 2016

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House Passes Bill to Stop DOL Fiduciary Rule

On Thursday, the House passed H.J. Res. 88, a resolution seeking to block the Department of Labor’s fiduciary rule, in a 234-183 vote along...

Industrial Property Trust to Buy $187.5 Million Portfolio

Industrial Property Trust Inc., a publicly registered non-traded real estate investment trust, signed an agreement to purchase a 3-million-square-foot portfolio comprised of seven industrial...

Inland Real Estate Income Trust Buys South Carolina Retail Center

Inland Real Estate Income Trust, Inc., a publicly registered non-traded real estate investment trust, purchased Coastal North Town Center in North Myrtle Beach, South...

New Offerings 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....

Three New Offerings Added to the AI Insight Platform

AI Insight, a leader in alternative investment education for broker-dealers and advisors, has activated three new offerings for training and review on their platform....

White House Threatens Veto of Congressional Action to Block Fiduciary Rule

As expected, President Obama will veto a resolution seeking to block the Department of Labor’s recently released fiduciary rule from taking effect, the Office...

Cetera Launches Platform to Help Financial Advisors Cope with DOL Fiduciary Rule

Cetera Financial Group, a network of independent broker-dealer firms, has launched DOL DynamIQs, a suite of tools and resources designed to help financial advisors...

KBS Strategic Opportunity REIT II to Buy California Office Building for $51.1 Million

KBS Strategic Opportunity REIT II Inc., a publicly registered non-traded real estate investment trust, signed an agreement to purchase Lincoln Court, a class A...

Report: Schorsch Seeks to Shore Up Damaged REIT Empire

AR Global, the successor business to AR Capital, is seeking to consolidate seven real estate investment trusts with nearly $10.5 billion in assets, according...

JLL Income Property Trust Buys Florida Industrial Property for $28.3 Million

JLL Income Property Trust, a non-listed, daily valued perpetual life REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), acquired a class A distribution center in Tampa,...

GPB Capital Hires Jeffrey Schultz as Managing Director, Senior Counsel, and Chief Compliance Officer

GPB Capital Holdings, LLC, a global investment management firm focused on income-producing private equity and real estate, hired Jeffrey Schultz to serve as its...

AR Capital’s Healthcare Trust Exploring Strategic Alternatives

Healthcare Trust, Inc. a publicly registered non-traded real estate investment trust formerly known as American Realty Capital Healthcare Trust II, has initiated a review...

CMG Offers $5.25 Per Share for Phillips Edison REIT, REIT Counters with $6.00 Self-Tender...

Phillips Edison Grocery Center REIT I, a publicly registered non-traded real estate investment trust, reported that CMG Partners made a tender offer to purchase...

KBS REIT II Signs 88,000 Square Feet in Lease Renewals at New Jersey Office...

KBS Real Estate Investment Trust II, a publicly registered non-traded real estate investment trust, signed two lease renewals totaling 88,242 square feet at Park...

AR Capital’s BDCA II Shareholders Approve Liquidation

Business Development Corporation of America II, a non-traded business development company sponsored by AR Capital, held a special meeting of stockholders to vote on...

Strategic Storage Trust II Declares $10.09 NAV Per Share

Strategic Storage Trust II Inc., a publicly registered non-traded real estate investment trust, announced that the board of directors approved an estimated value per...

KBS Strategic Opportunity REIT to Buy 21-Building Portfolio for $128 Million

KBS Strategic Opportunity REIT, Inc., a publicly registered non-traded real estate investment trust, signed an agreement to purchase a portfolio of 21 office/flex/industrial buildings...

KBS Strategic Opportunity REIT Exploring Conversion to Daily NAV

KBS Strategic Opportunity REIT Inc., a publicly registered non-traded real estate investment trust, is considering converting the company into a NAV REIT. According to...

Strategic Storage Growth Trust Declares $10.05 NAV Per Share

Strategic Storage Growth Trust, a publicly registered non-traded real estate investment trust, approved an estimated value per share for its class A shares and...

CION Names Gregg Bresner Senior Managing Director and CIO

The board of directors of CĪON Investment Corporation, a publicly registered non-traded business development company, hired Gregg Bresner to serve as senior managing director...