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Monthly Archives: November 2018

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FS Investments Hires Former J.P. Morgan Exec as Senior Managing Director of Corporate Development

FS Investments, an alternative asset manager with approximately $24 billion in assets under management, has hired Robert Stark as senior managing director of corporate...

NorthStar Healthcare Names New Chairman of the Board

NorthStar Healthcare Income Inc., a publicly registered non-traded real estate investment trust, reported that executive chairman of the board, Robert Gatenio, has resigned to...

Comrit Launches Unsolicited Tender Offer for InvenTrust Shares

Comrit Investments 1 LP, a Tel Aviv-based investment fund, has launched an unsolicited tender offer for up to 37 million shares of InvenTrust Properties...

Prospera Financial Adds $150 Million Team from UBS

Prospera Financial Services Inc., a full-service independent broker-dealer, has added LiveOak Wealth Advisors to its platform.Based in Lafayette, Louisiana, the LiveOak team spent nine...

Bluerock Residential Growth REIT Hires New Managing Director and Product Specialist

Bluerock Residential Growth REIT Inc. (NYSE: BRG), a publicly traded real estate investment trust that offers a preferred stock and warrants offering, has hired...

Hines Global REIT Sells Five European Logistics Facilities to Blackstone Affiliate

Hines Global REIT Inc., a publicly registered non-traded real estate investment trust, has sold five logistics facilities located in Poland to affiliates of the...

McNally Capital Appoints Strategic Advisor for Opportunity Zone Investments

McNally Capital, a private investment firm, has added Joseph Cahoon as strategic advisor, as the firm works to source opportunity zone investment opportunities for...

LPL Financial Adds Former Cetera Team to Platform

LPL Financial LLC, the nation’s largest independent broker-dealer, has added Founders Investment Services, offered at Founders Federal Credit Union, to its broker-dealer and corporate...

Baird and Hilliard Lyons to Merge

Wealth management giant Baird has agreed to acquire rival brokerage firm Hilliard Lyons and its affiliate Hilliard Lyons Trust Company, both based in Louisville,...

FINRA Bars Former Quest Capital Broker for Selling Woodbridge Promissory Notes

The Financial Industry Regulatory Authority has barred former Quest Capital broker Frank Dietrich for selling his clients more than $10.8 million in promissory notes...

Griffin-American Healthcare REIT IV Secures Credit Facility of Up to $650 Million

Griffin-American Healthcare REIT IV Inc., a publicly registered non-traded real estate investment trust sponsored American Healthcare Investors LLC and Griffin Capital Corporation, has entered...

MacKenzie Completes Unsolicited Tender Offer for Hines Global Shares Ahead of Liquidation

MacKenzie Realty Capital Inc., CMG Partners LLC, and Coastal Realty Business Trust have completed their unsolicited tender offer for shares of Hines Global REIT...

Black Creek Group and J.P. Morgan Announce $400 Million Industrial Real Estate Partnership

Black Creek Group, a Denver-based real estate investment manager and sponsor of non-traded direct investment offerings, announced that institutional investors advised by J.P. Morgan...

Capital Square 1031 DST Offering Goes Full-Cycle, Nets Triple Digit Return to Investors

Capital Square 1031, a real estate investment and management firm specializing in Delaware statutory trust offerings, has sold a portfolio of three manufactured housing...

GPB Capital Acquires Surge Resources, Extends PEO Footprint into New England

GPB Capital Holdings LLC, a New York-based alternative asset management firm, has purchased a majority ownership stake in Surge Resources, a provider of professional...

Preferred Apartment Communities Buys Second Phase of Charlotte Multifamily Property

Preferred Apartment Communities Inc. (NYSE: APTS), a publicly traded REIT and sponsor of alternative investments, has purchased CityPark View South, a 200-unit Class A...

Hines Global to Sell Old Navy HQ in San Francisco for Huge Profit

Hines Global REIT, a publicly registered non-traded real estate investment trust, has agreed to sell 550 Terry Francois, a six-story Class A office building...

Raymond James Names Former Deutsche Bank Exec as Chief Investment Officer

Raymond James Financial Inc. (NYSE: RJF), a broker-dealer with $790 billion in total client assets, has appointed Larry Adam as chief investment officer of...

LPL Recruits Former Cadaret Grant Team

LPL Financial LLC, a nation’s largest independent broker-dealer, has added Mayco Financial Services to its broker-dealer and corporate registered investment advisor platforms. Mayco, which...

Everest Completes Resource Opportunity REIT Tender Offer

Everest Financial has completed its unsolicited tender offer to purchase up to 3.6 million shares of Resource Real Estate Opportunity REIT, a publicly registered...