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Monthly Archives: April 2017

LPL Earnings Down, Revenue Up in 1Q17, CEO Predicts DOL Fiduciary Will Benefit Nation’s...

LPL Financial Holdings Inc. (NASDAQ: LPLA) announced its financial results for the first quarter of 2017. Earnings per share declined 7 percent compared to...

Griffin Capital Sells TIC Property, Nets Investors 10.6% IRR

Griffin Capital Company LLC, a private investment firm and sponsor of non-traded investment programs, sold 1450 Veterans Boulevard – a tenant-in-common property –to Rees...

Everest REIT Investors Offers $3.75 Per Share of KBS REIT II

Everest REIT Investors I LLC is offering to purchase up to 1.9 million shares of KBS Real Estate Investment Trust II common stock for...

American Finance Trust Advisor Hires Lincoln Retail REIT Services

American Finance Advisors, LLC, the advisor to American Finance Trust - a publicly registered non-traded REIT sponsored by AR Global, has engaged Lincoln Retail...

SEC Charges Former LPL Rep and Assistant with Defrauding 23 Investors

The Securities and Exchange Commission charged a former LPL Financial rep and his full-time personal assistant for defrauding 23 investors. The SEC’s complaint,...

Two Lightstone REITs Terminate DRIP

The boards of Lightstone Real Estate Investment Trust and Lightstone Value Plus Real Estate Investment Trust III, two publicly registered non-traded REITs, have terminated...

Bill to Replace Dodd-Frank Formally Introduced in House

Financial Services Committee Chairman Jeb Hensarling (R-TX) formally introduced the Financial CHOICE Act, H.R. 10, following a Wednesday hearing on legislation that seeks to...

Galvin Blasts Dodd-Frank Replacement as “Gift” to Wall Street

William Galvin, the chief securities regulator for Massachusetts, sent a letter to House Financial Services Committee chairman Jeb Hensarling detailing his opposition to the...

SEC Changes Review Process for Non-Traded REIT Sales Materials

The Securities and Exchange Commission has implemented changes to their review process of sales literature for non-traded REITs and other real estate programs, according...

W. P. Carey Hires Director of Self Storage

W. P. Carey Inc. (NYSE: WPC), a publicly traded net lease real estate investment trust and sponsor of non-traded REITs, has hired Brian Boulter...