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Monthly Archives: May 2018

SEC Charges Rep in $8 Million Scam Targeting Long-Standing Brokerage Customers

The Securities and Exchange Commission has charged Steven Pagartanis with defrauding long-standing brokerage customers in an $8 million investment scam by soliciting and selling...

The Parking REIT Declares Net Asset Value, Suspends Share Repurchase Plan

The board of The Parking REIT Inc., a publicly registered non-traded real estate investment trust, has approved an estimated per share net asset value...

Triad Advisors Recruits $750 Million Advisory Firm from LPL Financial

Triad Advisors LLC, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE: LTS), has recruited Boston-area independent advisory firm Pinnacle Private Wealth...

RBC Partners with Artivest to Launch Digital Alts Platform

RBC Wealth Management U.S., a full-service wealth management firm, has launched a new digital alternative investment platform for high-net worth clients. Developed in partnership with...

Israeli Investment Fund Offers $8.52 for Cole REIT Shares

Comrit Investments 1 LP, a Tel Aviv-based investment fund, has launched an unsolicited tender offer to purchase up to 3.4 million shares of Class...

FINRA Bars Former Ameriprise Rep for Unauthorized Trades, Failure to Respond

The Financial Industry Regulatory Authority has barred a former Ameriprise Financial Services Inc. representative for failing to timely respond to their request for information...

KBS Appoints Co-Directors of Asset Management

KBS, a private equity real estate company and sponsor of non-traded direct investment programs, has appointed Brent Carroll and Giovanni Cordoves as co-directors of...

ProEquities Appoints Former Lincoln Financial Exec to Lead Practice Management Group

ProEquities, Inc., an independent RIA and a broker-dealer, is launching a practice management group which the company said is “designed to accelerate growth for...

Flat Rock Global to Launch $100 Million Interval Fund

Flat Rock Global LLC, an alternative asset management firm, is planning to launch a $100 million interval fund named Flat Rock Opportunity Fund. The...

Hartman Explains NAV Decline for Three REITs Involved in Proposed Merger

Hartman Short Term Income Properties XX Inc., Hartman Income REIT Inc., and Hartman Short Term Income Properties XIX Inc., three affiliated real estate investment...