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Monthly Archives: February 2018

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Hines Global REIT Declares New Net Asset Value

The board of Hines Global REIT Inc., a publicly registered non-traded real estate investment trust, approved a new net asset value per share of...

Margo Steahly Joins Capital Square 1031 as National Sales Director

Capital Square 1031, a real estate investment and management firm specializing in Delaware statutory trust investments, has hired Margo Steahly to serve as national...

Preferred Capital Securities Adds Trey Killingsworth to National Accounts Team

Preferred Capital Securities, the dealer manager for Preferred Apartment Communities Inc. (NYSE: APTS), has hired Trey Killingsworth to serve as vice president, national accounts...

Strategic Student & Senior Housing Trust Buys Three Salt Lake City Assisted Living Communities

Strategic Student & Senior Housing Trust Inc., a private real estate investment trust sponsored by SmartStop Asset Management LLC, has purchased a portfolio of...

Cetera Discloses Capital Structure Review, Retains Goldman Sachs

 Cetera Financial Group, a network of six independent broker-dealer firms, has disclosed a capital structure review and confirmed the retention of Goldman Sachs &...

AR Global’s Healthcare Trust Lowers Monthly Distribution Rate Again

 The board of Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, has decreased its monthly distribution rate...

Strategic Storage Growth Trust Buys New Self Storage Facility in Tampa Bay Area

Strategic Storage Growth Trust Inc., a publicly registered non-traded real estate investment trust sponsored by SmartStop Asset Management, has purchased a 695-unit self storage...

LPL Financial Completes NPH Acquisition

LPL Financial, the nation’s largest independent broker-dealer, has completed its acquisition of broker-dealer network National Planning Holdings Inc., which is comprised of INVEST Financial...

Cetera Exploring Possible Sale

Cetera Financial Group, a network of six independent broker-dealer firms, is reportedly engaging investment banking firms to explore its capital structure options, including a...

Las Vegas Investment Firm Breaks Ground on The Westin Tempe

Las Vegas-based CAI Investments, which finances, develops and manages properties across key U.S. markets, has broken ground on The Westin Tempe in Downtown Tempe,...

Everest Launches $6.5 Million Tender Offer for Griffin-American Healthcare REIT III Shares

Everest REIT Investors I LLC and Everest REIT Investors II LLC, private real estate investment companies, have launched a $6.5 million tender offer for...

Audrey Kamin Joins Phoenix American Hospitality as National Accounts Manager

Phoenix American Hospitality, an opportunistic hotel fund manager, has hired Audrey Kamin to serve as its national accounts manager.Kamin has more than 20 years...

ARC NYC REIT Bids Up Share Price in Defensive Move Against Israel-Based Investment Fund

American Realty Capital New York City REIT, a non-traded real estate investment trust sponsored by AR Global, has amended its tender offer in an...

Blackstone REIT Updates 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...

KBS Strategic Opportunity REIT II Sets Primary Offering Close Date

The board of KBS Strategic Opportunity REIT II, a publicly registered non-traded real estate investment trust, has approved the termination of its primary public...

Hamilton Point Fund Sells South Carolina Multifamily Property

HPI Real Estate Fund IV LLC, a real estate private equity investment fund sponsored by Hamilton Point Investments, has sold Cushendall Commons, a 168-unit...

DOL Fiduciary Rule Opponents Urge Appeals Court to “Vacate” the Rule

In response to the recent charges levied against broker-dealer Scottrade Inc. by the Massachusetts Securities Division for alleged fiduciary rule violations, opponents of the...

Carter Validus Mission Critical REIT II to Offer Class T2 Shares Next Month

Carter Validus Mission Critical REIT II Inc., a publicly registered non-traded real estate investment trust, will begin offering Class T2 shares of common stock...

Benefit Street Partners Realty Trust Launches Stock Purchase Agreements

Benefit Street Partners Realty Trust Inc., a publicly registered non-traded real estate investment trust, has agreed to sell up to approximately $97 million of...

HD Vest’s Largest Independent Advisor Adds Three to Financial Planning and Tax Planning Teams

Wealth management firm Wymer Brownlee, the largest independent advisor affiliate of HD Vest Financial Services, has expanded its financial planning and tax planning teams...