Fidelity: M&A Activity Heats up for Independent Broker-Dealers
Fidelity Clearing & Custody Solutions released its latest merger and acquisition report, Insights from Independent Broker-Dealers, which found that IBD M&A activity is heating...
FS Investments Names Global Head of Real Estate to Manage New Non-Traded REIT
FS Investments, a leading alternative asset manager and sponsor of non-traded direct investment programs, has hired Rob Lawrence as managing director and global head...
Blackstone Real Estate Income Trust Declares Monthly NAV Per Share
Blackstone Real Estate Income Trust, a publicly registered non-traded REIT sponsored by private equity giant The Blackstone Group (NYSE: BX), updated its aggregate monthly...
Phoenix American Financial Services Hires Senior Vice President of Fund Accounting
Phoenix American Financial Services, a provider of transfer agent services for alternative investments, has hired Justin Deitrick as senior vice president of fund accounting.
In...
Massachusetts Regulators Charge SII with Improper Non-Traded REIT Sales
Secretary of the Commonwealth of Massachusetts William Galvin has filed an administrative complaint against independent broker-dealer SII Investments for failing to maintain and enforce...
FINRA Bars Former LPL Broker for Corporate Credit Card Fraud
The Financial Industry Regulatory Authority has barred a former LPL broker for allegedly stealing $16,300 by submitting fraudulent expense reports relating to his corporate...
Griffin Capital Essential Asset REIT II Commences Follow-on Daily NAV Offering
The follow-on offering for Griffin Capital Essential Asset REIT II Inc., a publicly registered non-traded real estate investment trust, was declared effective by the...
Pathway Energy Fund Sets Date for Interval Fund Restructuring Vote
Pathway Energy Infrastructure Fund Inc., a publicly registered non-traded closed-end fund, set the date for its special meeting of stockholders on October 25th at...
FS Investments REIT Makes First Investments
FS Credit Real Estate Income Trust, a $2.5 billion non-traded real estate investment trust sponsored by FS Investments, has closed on two floating-rate mortgage...
CNL Healthcare Properties II Declares Initial Net Asset Value
The board of CNL Healthcare Properties II, a publicly registered non-traded real estate investment trust, approved an estimated net asset value per share of...
