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Monthly Archives: April 2017

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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,...

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...

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...

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...

BDCA May Target Institutional Investors

Business Development Corporation of America, a publicly registered non-traded BDC advised by an affiliate of Benefit Street Partners, will hold its annual meeting of...

Ameriprise to Acquire Texas-Based Independent Broker-Dealer

Ameriprise Financial has signed an agreement to acquire Investment Professionals Inc., an independent broker-dealer based in San Antonio, Texas specializing in investment programs for...

Non-Traded BDC Fundraising Drops in 2016, Posts Highest Total Returns in Four Years

Non-traded business development company fundraising continued to drop in 2016, ending the year with $1.9 billion in sales, according to the latest BDC Market...

Athena Capital Hires New Managing Director

Athena Capital Advisors LLC, a private independent registered investment advisor, has hired Douglas Cohen as a managing director leading the company’s New York City...

Medley Program Added to AI Insight Platform

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

Program Added to AI Insight Platform Resource Royalty

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

John Henry Oil Corporation Program Added to AI Insight Platform

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

Resource Innovation Office REIT Suspends Sales Amid Restructuring Plans

Resource Innovation Office REIT Inc., a publicly registered non-traded real estate investment trust, is planning to restructure its $1.1 billion initial public offering into...

Non-Traded REITs Post Less Than $5 Billion in Sales in 2016

Non-traded real estate investment trusts experienced their lowest annual capital raise since 2004 last year, according to the most recent non-traded REIT report issued...

CNL Lifestyle Issues Liquidating Distribution, Revises NAV

CNL Lifestyle Properties Inc., a publicly registered non-traded real estate investment trust, paid stockholders a distribution relating to the sale of its remaining assets...