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Monthly Archives: September 2018

Inland Residential to Liquidate

The board of Inland Residential Properties Trust Inc., a publicly registered non-traded real estate investment trust, has approved a liquidity event for the company,...

SEC Charges Four Individuals in $11 Million Island Resort Fraud

The Securities and Exchange Commission has charged four individuals and their associated entities with allegedly conducting a long-running and complex fraud on investors in...

GPB Capital Adds to Waste Management Portfolio with Latest Acquisition

GPB Capital, a New York-based alternative asset management firm, announced that its GPB Waste Management platform has purchased a majority interest in Mud Masters...

Black Creek Industrial REIT IV to Buy $51 Million Industrial Property

Black Creek Industrial REIT IV Inc., a publicly registered non-traded real estate investment trust, has agreed to purchase the Executive Airport Distribution Center, a...

SEC Fines Voya Financial $1 Million for Cybersecurity Deficiencies

The Securities and Exchange Commission has fined Voya Financial Advisors Inc $1 million to settle charges related to its alleged failures in cybersecurity policies...

LPL Hires Former IBM Exec as EVP of Business Development

LPL Financial LLC, the nation’s largest independent broker-dealer, has hired former IBM executive Scott Posner as its executive vice president of business development. In...

Greenbacker Schedules Public Offering Closing Date

Greenbacker Renewable Energy Company LLC, a publicly registered non-traded limited liability company that invests in renewable energy assets, plans to terminate its $1.5 billion...

Shopoff Completes Bridge Loan for Palm Springs Hotel Redevelopment Project

Shopoff Realty Investments, a national manager of opportunistic and value-add real estate investments, has completed a $750,000 short-term bridge loan for the predevelopment expenses...

Black Creek Group to Double Northern California Footprint

Black Creek Group, a Denver-based real estate investment manager and sponsor of non-traded alternative investment programs, has released details on eight industrial developments in...

Griffin REIT Reports Significant Lease Activity

Griffin Capital Essential Asset REIT Inc., a publicly registered non-traded real estate investment trust, has signed five lease transactions in 2018 totaling 606,250 square...