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Monthly Archives: April 2017

House Committee Sets Hearing Date for Dodd-Frank Replacement

House Financial Services Committee Chairman Jeb Hensarling (R-TX) announced that the committee will hold a hearing to discuss an updated version of the Financial...

Cornerstone Research Finds SEC Actions Against Broker-Dealers Up 20 Percent

Cornerstone Research, an economic and financial consulting firm, released a new research report where it found an increase in SEC enforcement actions involving broker-dealers,...

UDF III Appoints New Chief Financial Officer

The general partner of United Development Funding III LP, a non-traded limited partnership, appointed Stuart Ducote as its chief financial officer, according to a...

Everest Completes KBS REIT III Tender Offer

Everest REIT Investors I and II completed their tender offer to purchase up to 1.8 million shares of KBS Real Estate Investment Trust III...

Blackstone’s Non-Traded REIT Raising and Spending a Ton of Equity

Blackstone Real Estate Income Trust, Inc., a non-traded REIT sponsored by private equity giant The Blackstone Group (NYSE: BX), purchased the TA Multifamily Portfolio...

NorthStar Real Estate Income Trust Increases NAV

The board of NorthStar Real Estate Income Trust Inc., a publicly registered non-traded real estate investment trust, approved an estimated value of the company’s...

Moody’s Upgrades VEREIT’s Debt Rating

Moody’s Investors Service upgraded VEREIT Operating Partnership L.P.‘s senior unsecured rating to Baa3 from Ba1 and VEREIT Inc.‘s (NYSE: VER) preferred shelf rating to...

Strategic Storage Growth Trust Reports Significant NAV Growth

The board of Strategic Storage Growth Trust Inc., a publicly registered non-traded real estate investment trust sponsored by SmartStop Asset Management, has approved an...

First Capital Hires New Chief Financial Officer and Moves Forward with Strategic Transaction

First Capital Real Estate Trust Incorporated, a publicly registered non-traded real estate investment trust, has hired Stephen Johnson as the company’s chief financial officer....

Inland REIT Adds New Hampshire Shopping Center to its Portfolio

Inland Real Estate Acquisitions Inc., the purchasing arm for various Inland entities, negotiated and helped close the purchase of Pentucket Shopping Center, a 199,000-square-foot...