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Monthly Archives: June 2018

SEC Charges Texas Businessman and Others in Oil and Gas Ponzi Scheme

The Securities and Exchange Commission has charged Texas resident James VanBlaricum and six others with running an oil and gas Ponzi scheme. The SEC alleges...

Commonwealth Financial Names New President and COO

Commonwealth Financial Network, the nation’s largest privately held registered investment adviser and independent broker-dealer, announced that president and chief operating officer Rich Hunter will...

Carter Validus Mission Critical REIT II Sets Date for Follow-On Offering Close

Carter Validus Mission Critical REIT II Inc., a publicly registered non-traded real estate investment trust, plans to close its follow-on offering on November 27,...

Black Creek Industrial REIT IV Buys California Distribution Center for $46 Million

Black Creek Industrial REIT IV Inc., a publicly registered non-traded real estate investment trust, has purchased Pescadero Distribution Center in California’s Central Valley for...

FINRA Bars Broker for Improper REIT Recommendations

The Financial Industry Regulatory Authority has barred a former Independent Financial Group broker for making unsuitable alternative investment recommendations to many of his senior...

NAPA President Named New Head of IFP Plan Advisors

Independent Financial Partners, a registered investment adviser and office of supervisory jurisdiction, has hired Jeff Acheson as divisional president of IFP Plan Advisors, the...

Capital Square 1031 Buys Historic Virginia Multifamily Property

Capital Square 1031, a real estate investment and management firm that specializes in Delaware statutory trust offerings, has purchased Mayton Transfer Lofts, a 223-unit...

Securities America Adds $222 Million Insurance Group to Its Platform

Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTSL, LTS PrA, LTSF), has added Futurity First Insurance...

CNL Healthcare Exploring Liquidity Options

The board of CNL Healthcare Properties Inc., a publicly registered non-traded real estate investment trust, has appointed a special committee of its independent directors...

Priority Income Fund Launches Preferred Stock Offering

Priority Income Fund Inc., a registered closed-end fund, plans to offer shares of its Series A Term Preferred Stock due 2025 in an underwritten...