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Monthly Archives: June 2017

Former ARCP CFO Found Guilty of Securities Fraud

Brian Block, former chief financial officer of American Realty Capital Properties Inc. (now Vereit), and long-time partner of AR Global’s Nicholas Schorch, was found...

DOL Seeks Public Comments on Changes to Fiduciary Rule, Pledges to Work with SEC...

The chairs of the Securities and Exchange Commission and the Department of Labor testified before separate Senate Appropriations Subcommittees this week on their respective...

KBS Strategic Opportunity REIT II Registers Follow-on Offering

KBS Strategic Opportunity REIT II Inc., a publicly registered non-traded real estate investment trust, filed a registration statement for a $1 billion follow-on offering...

CNL Growth Properties Sells Joint Venture Property Near Houston

CNL Growth Properties, a publicly registered non-traded REIT, sold Modera at Spring Town Center, a 396-unit multifamily community, to Abbey Residential LLC for $49.8...

Strategic Storage Trust IV Appoints New Independent Director

Strategic Storage Trust IV Inc., a publicly registered non-traded real estate investment trust sponsored by SmartStop Asset Management, announced that Stephen Muzzy has resigned...

KBS Growth & Income REIT Terminating Offering on Friday

KBS Growth & Income REIT Inc., a publicly registered non-traded real estate investment trust, is closing its primary offering at the end of the...

Resource REITs Appoint New Executives Following Kevin Finkel Resignation

A number of non-traded REIT’s sponsored by Resource Real Estate announced that Kevin Finkel has resigned from his executive and board positions at the...

Strategic Student & Senior Housing Trust Buys University of Arkansas Student Housing Property

Strategic Student & Senior Housing Trust Inc., a private real estate investment trust sponsored by SmartStop Asset Management LLC, has acquired The District, a...

Financial Advisor to Chair FSI Board of Directors

The Financial Services Institute, a trade organization that represents independent financial advisors and financial services firms, has elected new directors for its 2018 board...

Block Maintains Innocence During ARCP Fraud Trial

Brian Block, former chief financial officer of American Realty Capital Properties, maintained his innocence during testimony at his criminal trial in New York, telling...