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Monthly Archives: October 2018

FINRA Fines LPL Nearly $2.8 Million for Complaint Reporting Violations and AML Program Failures

The Financial Industry Regulatory Authority has fined LPL Financial LLC $2.75 million for complaint-reporting and anti-money laundering program failures that spanned a period of...

Alpha Capital Launches $250 Million Qualified Opportunity Zone Fund

Alpha Capital Partners, a Pittsburgh-based real estate investment firm, has launched the Alpha Opportunity Zone Fund I that will focus on student and multifamily...

Caliber Announces First Opportunity Zone Project

Caliber, a full-service real estate investment company based in Scottsdale, plans to develop a top-tier branded hotel that will connect to the Tucson Convention...

Greenbacker Renewable Energy Completes Construction of Its Largest Solar Asset

Greenbacker Renewable Energy Company LLC, a public, non-traded limited liability company that invests in renewable energy assets, has completed the construction of its 20MWac...

Vereit to Settle Four ARCP Lawsuits for $42.5 Million

Vereit Inc. (NYSE: VER), a publicly traded REIT formerly known as American Realty Capital Properties (ARCP), has agreed to settle another batch of lawsuits...

W.P. Carey Merger with its Non-Traded REIT Approved by Stockholders

The proposed merger between W. P. Carey Inc. (NYSE: WPC), a net lease real estate investment trust, with one of its managed non-traded REITs,...

Triad Advisors Names Former Colony NorthStar RIA Wholesaler as VP of Business Development

Triad Advisors LLC, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE: LTS), has hired Michael Gatti to serve as vice president...

SEC Investor Advisory Committee to Hold Public Call on Regulation Best Interest and Form...

The Securities and Exchange Commission’s investor advisory committee will hold a public conference call next month to discuss its proposed Regulation Best Interest and...

Franklin Templeton to Buy Alternative Credit Manager Benefit Street Partners

Franklin Resources Inc. , a global investment management organization operating as Franklin Templeton Investments, has agreed to purchase Benefit Street Partners LLC, an alternative...

Griffin Capital Essential Asset REIT Declares New NAV Per Share

The board of Griffin Capital Essential Asset REIT, a publicly registered non-traded REIT, approved an estimated net asset value of $10.05 per share of...