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...
Former SII Investments Group Joins Commonwealth Financial
Commonwealth Financial Network, the nation’s largest privately held registered investment adviser/independent broker-dealer, has added Wisconsin-based Midwest Financial Group to its network of independent financial...
Inland REIT Announces Reverse Stock Split and Other Strategic Initiatives
The board of Inland Real Estate Income Trust Inc., a publicly registered non-traded real estate investment trust, has approved a series of strategic initiatives...
Provasi Capital Partners Adds Three New Members to Sales Team
Provasi Capital Partners LP has added three new members to its distribution team including regional vice presidents Daniel Watnee and Ed Janeczek, and associate...
Griffin Capital Essential Asset REIT II Increases Total Revenue 67% in 3Q17
Griffin Capital Essential Asset REIT II Inc., a publicly registered non-traded real estate investment trust, announced its operating results for the third quarter of...
Cole Office & Industrial REIT Buys Wisconsin Manufacturing Facility for $16.5 Million
Cole Office & Industrial REIT Inc. (CCIT III), a publicly registered non-traded real estate investment trust, has purchased a single-tenant manufacturing facility located in...
Griffin Capital Essential Asset REIT Nets 80% Return from DreamWorks Property Sale
Griffin Capital Essential Asset REIT Inc., a publicly registered non-traded real estate investment trust, has sold the DreamWorks Animation’s Headquarters and Studio Campus in...
Non-Traded REITs Continue to Struggle in 3Q17
Non-traded real estate investment trusts raised a total of $782 million in capital in the third quarter of 2017, bringing the year-to-date total to...
Two FS Investments BDCs Close Offerings
FS Investment Corporation III and FS Investment Corporation IV, two non-traded business development companies, have each closed their public offerings to new investors, as...
KBS Strategic Opportunity REIT Urges Stockholders to Reject MacKenzie Tender Offer
KBS Strategic Opportunity REIT Inc., a publicly registered non-traded real estate investment trust, sent a letter to shareholders recommending that they reject an unsolicited...
Non-Traded BDCs Post Lowest Quarterly Equity Raise in 5 Years
During the third quarter of 2017, non-traded business development companies posted their lowest quarterly capital raise in the last five years with $201 million...
