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...
Passco to Open Orlando Office, Adds Five New Hires in Latest Expansion
Passco Companies LLC, a sponsor of 1031 Delaware statutory trusts and other alternative investments, has added an office in Orlando, Florida and five new...
Triad Recruits $325 Million Firm to its Broker-Dealer and Hybrid RIA Platforms
Triad Advisors LLC, a wholly owned subsidiary of Ladenburg Thalmann Financial Services (NYSE American: LTS), has recruited Cirrus Wealth Management to join its broker-dealer...
SEC Charges Additional Defendant in Initial Coin Offering Scheme
The Securities and Exchange Commission announced additional fraud charges stemming from an investigation of Centra Tech Inc.'s $32 million initial coin offering.
In an amended...
Ameriprise Reports Strong Growth in 1Q18, CEO Supports SEC Advice Rule
Ameriprise Financial Inc. (NYSE: AMP), one of the nation’s largest independent broker-dealers, reported strong growth during the first quarter of 2018 across a number...
KBS Strategic Opportunity REIT Criticizes Whitestone REIT Exec Compensation in Proxy Fight
KBS Strategic Opportunity REIT Inc., a publicly registered non-traded real estate investment trust and one of the largest shareholders in Whitestone REIT (NYSE: WSR),...
LPL Recruits Financial Advisor with $123 Million in Client Assets
LPL Financial, the nation’s largest independent broker-dealer, announced that Ric Kellogg has joined its broker-dealer platform and aligned with IHT Wealth Management, an independent...
Strategic Storage Growth Trust Increases NAV Per Share and Annualized Distribution Rate
The board of Strategic Storage Growth Trust Inc., a publicly registered non-traded real estate investment trust sponsored by SmartStop Asset Management, has approved an...
Hospitality Investors Trust Increases NAV Per Share
The board of Hospitality Investors Trust Inc., a publicly registered non-traded REIT formerly known as American Realty Capital Hospitality Trust, has approved an estimated...
SEC Obtains Judgment Against Former SII Investments Advisor for Allegedly Defrauding Clients
A federal district court entered a judgment against a former SII Investments advisor and tax preparer for defrauding his clients of more than $1...
InPoint Commercial Real Estate Income Originates $5.6 Million Mortgage Loan
InPoint Commercial Real Estate Income Inc., a commercial mortgage real estate investment trust sponsored by Inland Real Estate Investment Corporation and sub-advised by an...
