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Monthly Archives: October 2016

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Griffin Capital Essential Asset REIT Declares NAV Per Share

Griffin Capital Essential Asset REIT Inc., a publicly registered non-traded real estate investment trust, declared an updated estimated net asset value per share of...

AR Global’s New York REIT Suspends Dividend

AR Global-managed New York REIT Inc. (NYSE: NYRT), a former non-traded real estate investment trust known as American Realty Capital New York Recovery REIT,...

FS Investments to Launch $2 Billion Interval Fund

FS Investments, a sponsor of alternative investment funds formerly known as Franklin Square Capital Partners, is launching a $2 billion interval fund called FS...

SEC Charges Investment Advisor for Overbilling Clients, Stealing Assets for Personal Expenses

The Securities and Exchange Commission charged a Los-Angeles based investment advisory firm and its owner with fraudulently overbilling clients and stealing assets from their...

DOL Releases First Series of Fiduciary Rule FAQs

The Department of Labor has published its first set of frequently asked questions and accompanying answers to help financial services firms and others navigate...

Griffin Capital Essential Asset REIT II Buys 3M Distribution Facility in Illinois

Griffin Capital Essential Asset REIT II Inc., a publicly registered non-traded real estate investment trust, purchased the 3M Company Distribution Facility in DeKalb, Illinois...

Inland Securities Hires Two Wholesalers

Inland Securities Corporation has hired Ronald Cole and Jeff Spah as vice presidents. In their new roles, both Cole and Spah will serve as...

Shopoff Buys Hebron Heights Retail Center in North Dallas Suburb

Shopoff Realty Investments, a national manager of opportunistic and value-add real estate investments, has acquired a 36,000-square-foot retail center in the northern Dallas suburb...

AI Insight Adds New Offering to its Platform

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

Commonwealth Drops Commission-Based Offerings in Retirement Accounts

Commonwealth Financial Network, the nation’s largest privately held independent broker/dealer/RIA, said that due to the Department of Labor’s fiduciary rule, it will stop offering...

American Realty Capital New York City REIT Declares NAV Per Share

The independent directors of American Realty Capital New York City REIT Inc., a publicly registered non-traded REIT sponsored by AR Global, approved an estimated...

Ryan Lodes Joins JVM Realty as Vice President of Capital Markets

JVM Realty Corporation, a multifamily real estate investment and property management firm, named Ryan Lodes as vice president of capital markets.Lodes, who has more...

AR Global Terminated as Advisor to New York REIT

New York REIT Inc. (NYSE: NYRT), a former non-traded real estate investment trust known as American Realty Capital New York Recovery REIT, is terminating...

AR Global’s Retail Centers of America and American Finance Trust Inch Closer to Merger

American Realty Capital – Retail Centers of America and American Finance Trust, two publicly registered non-traded REITs sponsored by AR Global, announced that the...

John Henry Oil Announces Closing Date of Trenton – Black River I, LP Capital...

Trenton-Black River I LP, an exploration and drilling partnership sponsored by John Henry Oil Corporation, will close its offering to new investors on or...

AR Global’s New York REIT Reaches Settlement with Dissident Shareholders

AR Global-managed New York REIT Inc. (NYSE: NYRT), a former non-traded real estate investment trust known as American Realty Capital New York Recovery REIT,...

MacKenzie Lowers Tender Offer for UDF IV Shares

Affiliates of MacKenzie Capital Management LP, a real estate investment firm, lowered its offering price to purchase up to approximately 1.6 million shares of...

IPA Awards Industry Veterans at IPAVision 2016 Conference

The Investment Program Association, a trade organization representing the direct investment industry, awarded Mark Goldberg, chairman of Carey Financial LLC and president of investment...

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....

NorthStar/Townsend to Launch $1 Billion Interval Fund

Townsend Holdings, a private investment firm and registered investment adviser, is launching a $1 billion interval fund called NorthStar/Townsend Institutional Real Estate Fund Inc.,...