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Monthly Archives: May 2016

ARC-Retail Investor Files Lawsuit to Block Proxy and Roll-up

The law firm of Kessler Topaz Meltzer & Check, LLP has filed a federal lawsuit on behalf of a shareholder of American Realty Capital...

Founding Partner Barbara Halper to Depart FactRight

Barbara Halper, JD, MBA, a founding partner of FactRight, will step down from day-to-day corporate operations later this year. FactRight is a third-party provider...

Former Independent Director Continues to Blast AR Global

Dr. Robert Froehlich, who recently resigned as the lead independent director of two AR Global-sponsored non-traded REITs, submitted a follow-up letter requesting that the...

Griffin-American Healthcare REIT IV Inks Deal to Acquire First Asset

Griffin-American Healthcare REIT IV has entered into an agreement to acquire Auburn Medical Office Building, an approximately 19,000-square-foot medical office building in the affluent...

KBS Hires Dominic Alto to Lead Florida Sales

KBS Capital Markets Group, a distributor of real estate-related investment products, has hired Dominic Alto as regional vice president. He will be based in...

Cetera Charts Independent Path Following Completion of RCS Bankruptcy

Following the conclusion of the RCS bankruptcy earlier this week, Cetera Financial Group, a network of independent broker-dealer firms, has completed its strategic transformation...

Strategic Storage Growth Trust Buys Canadian Industrial Facility for $2.3 Million

Strategic Storage Growth Trust Inc., a publicly registered non-traded real estate investment trust, purchased an industrial facility in Ontario, Canada for a development opportunity...

Hamilton Point Hires Randee Soriano as Senior Internal Wholesaler

Hamilton Point Investments, a sponsor of alternative investment offerings, hired Randee Soriano to serve as senior internal wholesaler. In her new position, she will...

Senate Passes Roe Bill to Stop Fiduciary Rule, Obama Veto Likely

On Tuesday, the U.S. Senate voted on H.J. Res. 88, a joint resolution introduced by Rep. Phil Roe (R-TN) seeking to block the Department...

KBS Strategic Opportunity REIT II Buys Silicon Valley Property for $51.5 Million

KBS Strategic Opportunity REIT II, a publicly registered non-traded real estate investment trust, purchased Lincoln Court, a three-story office building in the San Jose...