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Monthly Archives: January 2019

RREEF Property Trust Buys Grocery-Anchored Retail Plaza in Chicago

RREEF Property Trust Inc. (NASDAQ: ZRPTAX; ZRPTIX; ZRPTTX), a publicly registered daily NAV REIT, has purchased a grocery-anchored retail plaza located in Chicago, Illinois...

SEC Bars Former LPL Broker and Bank Manager Convicted of Embezzlement

The Securities and Exchange Commission has barred Stephen Thomas Carbonella, a former LPL Financial broker and bank manager who was sentenced last month to...

Destra Acquires Closed-End Interval Fund

Multi-Strategy Growth & Income Fund, a closed-end interval fund, was acquired by Destra Capital Advisors LLC and renamed the Destra Multi-Alternative Fund. The fund...

Wells Fargo Reaches $575 Million Agreement with States over Sales Misconduct

Wells Fargo & Co. (NYSE: WFC) has agreed to pay $575 million to settle widespread claims over the bank’s improper sales practices. The firm...

Comrit Completes Tender Offer for InvenTrust Shares

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