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Monthly Archives: May 2017

MVP REIT and MVP REIT II Announce Definitive Merger Agreement

Two publicly registered non-traded real estate investment trusts, MVP REIT Inc. and MVP REIT II Inc., have entered into a definitive merger agreement, where...

US Chamber: DOL Fiduciary Rule Harming American Investors

The U.S. Chamber of Commerce, the nation’s largest business trade group and outspoken opponent of the Department of Labor’s fiduciary rule, has issued a...

Carter Validus Mission Critical REIT II Buys Data Center in Charlotte, North Carolina

Carter Validus Mission Critical REIT II Inc., a publicly registered non-traded real estate investment trust, purchased a 53,000-square-foot data center in Charlotte North Carolina...

First Capital REIT Closes Initial PhotoMedex Transaction

First Capital Real Estate Trust Incorporated, a publicly registered non-traded real estate investment trust, has closed the initial phase of its transaction with PhotoMedex...

New Jersey Securities Bureau Fines David Lerner Associates for Improper REIT Sales

The New Jersey Bureau of Securities has fined independent broker-dealer David Lerner Associates $650,000 to resolve an investigation into its sales of non-traded real...

Moody REIT I Stockholders Overwhelmingly Approve Merger

Stockholders of Moody National REIT I, a publicly registered non-traded real estate investment trust, approved the previously announced merger with affiliated non-traded REIT, Moody...

Griffin-American Healthcare REIT IV Buys Senior Housing Portfolio Near St. Louis

Griffin-American Healthcare REIT IV Inc., a publicly registered non-traded REIT sponsored by American Healthcare Investors and Griffin Capital Company, has purchased a five-building senior...

PENSCO Named Successor Custodian for Merrill Lynch Retirement Accounts Invested in Alts

PENSCO Trust Company, an alternative asset IRA custodian and subsidiary of Opus Bank (Nasdaq: OPB), entered into an agreement with Merrill Lynch to custody...

Four Springs Capital Trust Files $50 Million IPO, Plans to List on NYSE

Four Springs Capital Trust, a private real estate investment trust, filed a preliminary prospectus with the Securities and Exchange Commission for a $50 million...

Griffin-American Healthcare REIT III Reports First Quarter 2017 Results

Griffin-American Healthcare REIT III Inc., a publicly registered non-traded real estate investment trust co-sponsored by American Healthcare Investors and Griffin Capital Company, reported its...