DOL Opens 15-Day Comment Period on Fiduciary Rule Delay
The Department of Labor has opened a 15-day comment period on its proposal to delay the remaining provisions of its fiduciary rule for 18...
Triton Pacific Expands Sales Team with Two New Hires
Triton Pacific Securities, the managing broker-dealer for Triton Pacific Capital Partners’ retail focused private equity offerings, has hired Preston Nevins and Jace Roach to...
KBS REIT II Urges Shareholders to Reject MacKenzie Tender Offer
KBS Real Estate Investment Trust II, a publicly registered non-traded REIT, is urging shareholders to reject an unsolicited tender offer from MacKenzie Realty Capital,...
Fiduciary Rule Implementation Delay Approved by OMB
The Office of Management and Budget has approved a proposal by the Department of Labor to delay implementation of the remaining provisions of the...
Research Firm Sees Difficult Path Back to Healthy Non-Traded REIT Market
Publicly registered non-traded REITs raised a total of $2.2 billion during the first two quarters of 2017, according to Summit Investment Research’s latest Non-Listed...
Merrill Lynch Duo with $311 AUM Moves to LPL Hybrid Platform
LPL Financial, the nation’s largest independent broker-dealer, announced that Barton Spector Wealth Strategies has joined its broker-dealer platform and aligned with Stratos Wealth Partners,...
MVP REIT II Reports Exponential MFFO Growth During the Second Quarter 2017
MVP REIT II, a publicly registered non-traded real estate investment trust that invests in parking-related properties, released its financial results for the second quarter...
Colony NorthStar Inks $3.4 Billion Merger Agreement with Two Affiliated Non-Traded REITs
Colony NorthStar Inc. (NYSE: CLNS) and two affiliated non-traded REITs have agreed to merge and create a commercial real estate credit REIT with approximately...
SEC Charges Dawn Bennett with Running $20 Million Ponzi Scheme
The Securities and Exchange Commission has charged former financial adviser Dawn Bennett with defrauding investors and spending their money on herself and to make...
FS Investment Energy BDC Reports Second Quarter 2017 Financial Results
FS Energy and Power Fund, a publicly registered non-traded business development company, announced its operating results for the quarter ended June 30, 2017.
Financial Highlights...