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Monthly Archives: September 2017

KBS REIT II’s $280 Million Sale of Union Bank Plaza Sale Canceled

KBS Real Estate Investment Trust II Inc., a publicly registered non-traded real estate investment trust, announced that the $280 million sale of Union Bank...

FINRA Fines Enclave Capital for Inaccurate Books and Net Capital Violations

The Financial Industry Regulatory Association has fined New York-based broker-dealer Enclave Capital $30,000 for its alleged failure to maintain accurate books and records and...

Griffin Capital Securities Restructures, Targeting RIA and Wirehouse Expansion

Griffin Capital’s captive broker-dealer and distributor, Griffin Capital Securities LLC, has completed a strategic realignment of its sales organization, a process the company says...

Procaccianti to Launch $552 Million Non-Traded REIT

Privately-held real estate firm Procaccianti Companies Inc. is launching a $552 million non-traded real estate investment trust named Procaccianti Hotel REIT Inc., according to...

Provasi Hires Former WP Carey and LPL Exec as Managing Director of Product and...

Provasi Capital Partners LP has hired John Guthery as managing director of product and marketing to lead all product-related research, marketing, due diligence, and...

InvenTrust Buys Grocery-Anchored Retail Center Near Austin, Texas

InvenTrust Properties Corp., a publicly registered non-traded real estate investment trust, has acquired Kyle Marketplace, a 226,000-square-foot grocery-anchored retail center located in the south...

Phillips Edison REIT Shareholders Overwhelmingly Approve Internalization

Stockholders of Phillips Edison Grocery Center REIT I, a publicly registered non-traded real estate investment trust, have approved the recent proposal to internalize management...

First Capital’s BDC Appoints New Director

The board of First Capital Investment Corporation, a publicly registered non-traded business development company, has appointed Jeff Davi to serve as an independent director...

Four Springs Capital Trust Buys Louisiana Rehabilitation Facility

Four Springs Capital Trust, a private real estate investment trust, has purchased a newly renovated single tenant medical building in Baton Rouge, Louisiana. The...

FINRA Bars Former Maloney Broker for Collectible Medal Investment Scheme

The Financial Industry Regulatory Authority has barred a former Moloney Securities broker for failing to comply with information requests relating to his alleged misuse...