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Monthly Archives: September 2017

Sen. Warren Blasts Proposed DOL Fiduciary Rule Delay

Senator Elizabeth Warren (D-Mass) sent a letter to Labor Secretary Alexander Acosta urging him not to delay the remaining provisions of the Department of...

KBS Strategic Opportunity REIT II JV to Buy Phoenix Office Portfolio for $33 Million

KBS Strategic Opportunity REIT II Inc., a publicly registered non-traded real estate investment trust, has agreed to purchase Grace Court, a portfolio of three...

Phillips Edison Grocery Center REITs Cut Ties with AR Global Advisors

Phillips Edison Grocery Center REIT I Inc. and Phillips Edison Grocery Center REIT II Inc., two publicly registered non-traded REITs, have severed ties with...

SEC Charges Broker with Defrauding Elderly Customers of $1 Million

The Securities and Exchange Commission has charged Connecticut-based broker and investment adviser Leon Vaccarelli and his company with fraudulently persuading several elderly customers to...

First Capital BDC Replaces Accounting Firm and Appoints New Senior Executives

First Capital Investment Corporation, a publicly registered non-traded business development company, has replaced RSM US LLP as the company’s independent registered public accounting firm...

KBS Growth & Income REIT to Buy Historic Chicago Office Property for $44 Million

KBS Growth & Income REIT Inc., a publicly registered non-traded real estate investment trust, signed an agreement to purchase 213 W. Institute Place in...

Investigators Unveil Evidence of Witchcraft and Lavish Lifestyle of Advisor Accused of Ponzi Scheme

Documents relating to the federal investigation of Dawn Bennett were unsealed earlier this week in a Maryland federal court, offering a glimpse into the...

Inland Private Nets 126% Return with Texas Multifamily Property Sales

Inland Private Capital Corporation, a sponsor of 1031 tax deferred exchanges, has sold two multifamily properties located in Texas for a gross sale price...

Sentio REIT and Kayne Anderson Real Estate Advisors Complete Merger

Sentio Healthcare Properties Inc., a publicly registered non-traded real estate investment trust, completed the merger with an affiliate of Kayne Anderson Real Estate Advisors. Kayne...

CNL Healthcare Properties II Now Accepting Subscriptions from Washington and Ohio Residents

CNL Healthcare Properties II, a publicly registered non-traded real estate investment trust, has crossed $20 million in sales of its Class A, Class T...