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Monthly Archives: January 2019

GPB Capital Hires In-House Communications Executive

GPB Capital Holdings LLC, a New York-based alternative asset management firm, has hired Brian Weisenberger as managing director to lead the firm’s new in-house...

Lightyear-Backed Wealth Enhancement Group to Buy $500 Million Advisory Practice

Wealth Enhancement Group, an independent wealth management firm that oversees $9.6 billion in client assets, has signed a definitive agreement to purchase Summit Planning...

Dept. of Justice Targets Conservation Easement Sponsor

The Department of Justice filed a lawsuit in a Georgia federal court last month that seeks to shut down EcoVest, a sponsor of real...

Waypoint to Develop Class A Multifamily Property in Indiana Opportunity Zone

Waypoint Residential LLC, a vertically integrated real estate investment management firm and sponsor of private placement offerings, plans to develop The Walcott Jeffersonville, a...

Sponsored: Capital Square 1031 Completes Record Sales Year with Over $250 Million in Real...

Leading sponsor of Delaware statutory trusts launched 10 offerings in 2018 and fully subscribed seven DSTs with 302 investors during the year. Capital Square 1031,...

Former Morgan Stanley Team Launches Independent RIA in New York

A team that oversaw $650 million in client assets at Morgan Stanley, has launched Opal Wealth Advisors, an independent registered investment advisor based in...

Benefit Street Partners Realty Trust Originates $115.5 Million Loan

Benefit Street Partners Realty Trust Inc., a publicly registered non-traded real estate investment trust, provided a $115.5 million loan to the owner of a...

Former Steadfast Execs Launch 3G Capital Advisors

Christopher Hilbert and R. Kyle Winning, two commercial real estate investment and financial services industry veterans, have launched boutique advisory firm, 3G Capital Advisors...

CIM Launches Opportunity Zone Fund with $5 Billion Fundraising Goal

CIM Group, a commercial real estate firm that sponsors non-traded direct investment programs, has launched the CIM Opportunity Zone Fund L.P., a Regulation D...

Two SmartStop REITs Complete Merger

Strategic Storage Growth Trust Inc., a non-traded real estate investment trust sponsored by SmartStop Asset Management, has completed its recently approved merger with affiliated...