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Monthly Archives: November 2017

UDF Files Lawsuit in Response to Ponzi Allegations

United Development Funding’s family of funds have filed a lawsuit in a Texas court against well-known hedge fund manager Kyle Bass and his Hayman...

Nexpoint Capital Announces Offering Close-out

The board of NexPoint Capital Inc., a publicly registered non-traded business development company sponsored by an affiliate of Highland Capital Management, approved the closing...

RK Properties Fully Subscribes First DST Offering

RK Properties, a sponsor of non-traded alternative investment offerings, has sold out $22.5 million in capital raised for RK Edwards Mill DST, the company’s...

ARC New York City REIT Executes Three New Leases at 123 William Street

American Realty Capital New York City REIT Inc., a publicly registered non-traded real estate investment trust, has entered into three new leases totaling approximately...

Carter Validus Mission Critical REIT II Commences Follow-On Offering

The follow-on offering for Carter Validus Mission Critical REIT II Inc., a publicly registered non-traded real estate investment trust, has been declared effective by...

KBS REIT Sells Final Property

KBS Real Estate Investment Trust Inc., a publicly registered non-traded real estate investment trust, has sold the last real estate asset in its portfolio,...

Waddell & Reed Financial Announces Executive Team Changes

Thomas Butch has stepped down as executive vice president and chief marketing officer of Waddell & Reed Financial Inc. (NYSE: WDR) and as president...

HC Government Realty Trust Buys Immigration and Customs Enforcement Property in San Antonio

HC Government Realty Trust Inc., a Regulation A REIT that invests in federally-leased properties, has purchased an Immigration and Customs Enforcement facility in San...

DOL Delays its Fiduciary Rule for 18 Months

The Department of Labor announced on Monday that certain fiduciary rule provisions will be extended for 18 months until July 1, 2019. The provisions...

NorthStar Income Urges Shareholders to Reject MacKenzie Tender Offer

NorthStar Real Estate Income Trust Inc., a publicly registered non-traded REIT, sent a letter to shareholders recommending that they reject an unsolicited tender offer...