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Monthly Archives: April 2018

KBS Legacy Partners Apartment REIT Board Authorizes Second Liquidating Distribution

The board of KBS Legacy Partners Apartment REIT Inc., a publicly registered non-traded real estate investment trust, has authorized a second liquidating distribution in...

SEC Obtains Judgments Against Company Execs in Fraudulent $150 Million Bond Offering

The Securities and Exchange Commission has obtained judgments against former Dewey & LeBoeuf LLP executives Stephen DiCarmine and Joel Sanders in an enforcement action...

Sponsored: Griffin Capital Company Announces Significant Growth in Investor Flows

Griffin Capital Company, LLC (“Griffin Capital”) announced today it had attracted nearly $110 million of new investor flows for the month of April, an increase...

Resource Apartment REIT III Names New Board Member

The board of Resource Apartment REIT III Inc., a publicly registered non-traded real estate investment trust, has appointed George Carleton as a member of...

AARP and Three Attorneys General Attempt to Save DOL Fiduciary Rule

The AARP, a non-profit advocacy group that represents American retirees, along with the attorneys general of New York, Oregon, and California, filed separate motions...

ADISA CEO John Harrison Discusses SEC’s Proposed Advice Rule

Last week, the Securities and Exchange Commission released a 1,000-page set of rule proposals intended to limit conflicted advice given by investment professionals...

FS Credit Real Estate Income Trust Closes on Two Mortgage Loans Totaling $44 Million

FS Credit Real Estate Income Trust Inc., a non-traded real estate investment trust sponsored by FS Investments, recently closed on two senior floating-rate mortgage...

LPL Financial Nabs Advisor Pair with $230 Million in Client Assets

LPL Financial, the nation’s largest independent broker-dealer, announced that Tom Anderton and Ryan Howard have joined the company and aligned with 626 Financial, an...

Bluerock Hires David Fred as Senior Vice President of Due Diligence

Bluerock, an alternative investment and asset management firm, has appointed David Fred to serve as senior vice president of due diligence for the company’s...

Hines Global REIT Board Approves Liquidation Plan

The board of Hines Global REIT Inc., a publicly registered non-traded real estate investment trust, has unanimously approved the company’s plan of liquidation. Shareholders...