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Monthly Archives: December 2017

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Steadfast Alcentra Global Credit Fund Changes Name

Steadfast Alcentra Global Credit Fund, a $3 billion unlisted closed-end fund, has changed its name to Stira Alcentra Global Credit Fund.Additionally, the fund’s adviser...

The DI Wire Q&A with NorthStar Securities’ Tim Toole

The DI Wire sat down with NorthStar Securities president and CEO Tim Toole to discuss the company, his background in the alternative investment...

Behringer Harvard Opportunity REIT I Sells Final Property for $53 Million

Behringer Harvard Opportunity REIT I Inc., a publicly registered non-traded real estate investment trust, has sold the last real estate asset in its portfolio,...

Greenbacker Buys 26-Megawatt Solar Development Project in California

Greenbacker Renewable Energy Company LLC, a publicly registered, non-traded limited liability company, has purchased Midway III, a yet-to-be constructed 26-megawatt solar project located in...

Nuveen Registers $5 Billion Non-Traded REIT

Nuveen LLC, the asset management subsidiary of the Teachers Insurance and Annuity Association of America, is launching a $5 billion non-traded REIT called Nuveen...

NorthStar Healthcare Income Lowers Net Asset Value

The board of NorthStar Healthcare Income Inc., a publicly registered non-traded real estate investment trust, approved an $8.50 per share net asset value of...

KBS Legacy Partners Apartment REIT Shareholders Approve Liquidation

KBS Legacy Partners Apartment REIT Inc., a publicly registered non-traded real estate investment trust, held its annual stockholder meeting on December 19th where stockholders...

Greenbacker Buys 10-Megawatt Wind Farm in Vermont

Greenbacker Renewable Energy Company LLC, a publicly registered, non-traded limited liability company, has purchased Georgia Mountain Community Wind LLC located in Chittenden and Franklin...

ARC Healthcare Trust III Sells Assets to Healthcare Trust

American Realty Capital Healthcare Trust III, a publicly registered non-traded real estate investment trust sponsored by AR Global, completed the sale of substantially...

Moody National REIT II Suspends Offering Amidst Commission Changes

Moody National REIT II Inc., a publicly registered non-traded real estate investment trust, is implementing a number of changes to its public offering and...

Capital Square 1031 Buys Tampa R&D Property

Capital Square 1031, a real estate investment and management firm specializing in Delaware statutory trust investments, has purchased a 71,150-square-foot office/research and development building...

FINRA Fines Raymond James $2 Million for “Flawed” Email Surveillance

The Financial Industry Regulatory Authority has fined broker-dealer Raymond James Financial Services Inc. $2 million for flaws to its email surveillance system that spanned...

SEC Charges Operators of $1.2 Billion Alleged Ponzi Scheme Targeting Main Street Investors

The Securities and Exchange Commission has issued charges and an asset freeze against a group of unregistered funds and their owner who allegedly bilked...

Steadfast Apartment REIT III Buys Indianapolis Multifamily Community

Steadfast Apartment REIT III Inc., a publicly registered non-traded real estate investment trust, has purchased Avery Point Apartments, a 512-unit apartment-home community located in...

Former Realty Capital Securities Exec Joins KBS as Manager of Product and Due Diligence

 KBS Capital Markets Group, a distributor of alternative investment products, has hired Mark Koshan as manager of product and due diligence. In this role,...

InPoint Commercial Real Estate Income Originates $12.4 Million Mortgage Loan

InPoint Commercial Real Estate Income Inc., a commercial mortgage real estate investment trust, has originated a $12.4 million mortgage loan for an 8-story, Class...

Blackstone REIT to Purchase $1.8 Billion Industrial Portfolio

Blackstone Real Estate Income Trust Inc., a publicly registered non-traded REIT sponsored by private equity giant The Blackstone Group (NYSE: BX), is planning to...

Carter Validus Mission Critical REIT Sells 14-Property Data Center Portfolio for $750 Million

Carter Validus Mission Critical REIT Inc., a publicly registered non-traded real estate investment trust, has sold a 14-property data center portfolio for $750 million...

IPA Names Chair-Elect in 2018

The board of the Investment Program Association, a trade association that represents the non-traded alternative investment industry (which the association refers to as...

Former CNL Execs Launch Impact Investments Firm

Former CNL veterans Jeff Shafer and his brother Jonathan Shafer have launched CommonGood Capital, a financial services firm that focuses on raising capital for...