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Monthly Archives: December 2018

LPL Financial Acquires AdvisoryWorld

LPL Financial LLC, the nation’s largest independent broker-dealer, has acquired AdvisoryWorld, a technology company that provides a suite of digital solutions designed to help...

UDF Files Brief to Oppose Kyle Bass and Hayman Capital Appeal

United Development Funding filed an appellate brief in the Texas Judicial Branch Fifth Court of Appeals in the matter of J. Kyle Bass, et....

Lightstone Value Plus REIT V Announces New NAV

On November 30, 2018, the board of directors of Lighthouse Value Plus Real Estate Investment Trust V, Inc. with the assistance of its advisor,...

Red Oak Capital Breaks Escrow on Bond Offering with $2.293 Million Closing

Red Oak Capital, a private equity firm specializing in commercial real estate, has broken escrow on its latest bond offering with a $2.293 million...

CMG Partners, Inc. Makes Unsolicited Tender Offer for Cole Office & Industrial REIT Shares

CMG Partners, Inc. made an unsolicited mini-tender offer to purchase up to 275,000 Class A shares of Cole Office & Industrial REIT, Inc.’s common...

FS Investment Corporation and Corporate Capital Trust Shareholders Approve $8 Billion Merger

FS/KKR Advisor, LLC (FS/KKR), a partnership between FS Investments and KKR Credit that serves as the investment adviser to six traded and non-traded business...

Strategic Storage Growth Trust Shareholders to Vote on Merger with Strategic Storage Trust II

Strategic Storage Growth Trust, Inc., a non-traded real estate investment trust sponsored by SmartStop Asset Management will hold a special meeting of shareholders on...

SEC Makes Additional Charges in Nationwide Oil Investment Scheme

The Securities and Exchange Commission charged a 35-year-old Kentucky man, Jared Gabriel Forrester, for his alleged role in the fraudulent offering and sale of...

Time Equities Buys Office and Industrial Building for $7.9 Million

Time Equities Inc., a sponsor of private placement offerings and custom 1031 exchanges, has purchased Bridgeport Innovation Center (BIC), a 269,080 square foot office...

Summit: Non-Traded REITs Raised $1.2 Billion in Third Quarter 2018

Non-traded real estate investment trusts raised nearly $1.2 billion in investor capital in the third quarter of 2018, according to the latest Non-Listed REIT...