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...
JLL Income Property Trust Buys Chicago Warehouse for $27.7 Million
JLL Income Property Trust (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), a non-listed, daily valued perpetual life REIT, has acquired Aurora Distribution Center in the Chicago...
C-III Capital Partners to Buy Resource America for $207 Million
Resource America, Inc. (NASDAQ: REXI), an asset management company and external advisor to four non-traded REITs, has entered into an agreement to be acquired...
Steadfast Apartment REIT III Acquires First Asset for $7.6 Million
Steadfast Apartment REIT III Inc., a publicly registered non-traded real estate investment trust, purchased its first community, Carriage House Apartments, a 136-unit complex in...
CMG Offers $3.30 Per Share for KBS REIT II
KBS Real Estate Investment Trust II Inc., a publicly registered non-traded real estate investment trust, reported that CMG Partners made a tender offer to...
Former Director Blasts AR Global Corporate Governance, Warns of Investor Lawsuits
Realty Finance Trust, Inc. a publicly registered non-traded real estate investment trust sponsored by AR Global, the successor business to AR Capital, disclosed that...
CNL Growth Properties to Liquidate
CNL Growth Properties Inc., a publicly registered non-traded real estate investment trust, is seeking shareholder approval to liquidate and dissolve the company.
In August 2015,...
PENSCO to Replace Morgan Stanley as Alts Custodian
PENSCO Trust Company, an alternative asset IRA custodian and subsidiary of Opus Bank (NASDAQ: OPB), entered into an agreement to be appointed successor custodian...
RCAP Bankruptcy Confirmed by Judge, Cetera to Emerge Independent Soon
The bankruptcy plan for RCS Capital (NYSE: RCAP), the parent company of Cetera Financial Group, has been confirmed by Judge Mary Walrath of the...
Steadfast Apartment REIT Buys Nashville Multifamily Property for $110 Million
Steadfast Apartment REIT, a publicly registered non-traded real estate investment trust, purchased Landings of Brentwood, a 724- apartment home community located in the Brentwood...
LPL Reaches $700K Settlement on Alabama Non-Traded REIT Sales
The Alabama Securities Commission finalized a consent order with LPL Financial LLC, the nation’s largest broker-dealer, in connection with an investigation of the firm’s...
