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Monthly Archives: March 2019

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Wells Fargo’s Tim Sloan Abruptly Steps Down as President and CEO

Wells Fargo & Company’s (NYSE: WFC) chief executive officer and president Timothy Sloan has stepped down as CEO, president, and director, effective immediately.The bank...

Lightstone Launches Opportunity Zone Platform with Former Goldman Sachs Partner

National real estate investor and developer Lightstone has partnered with wealth management consulting firm The PKS Group, to purchase and develop real estate projects...

AR Global’s Healthcare Trust Amends Share Repurchase Date

The board of Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, has amended the company’s existing share...

Strategic Storage Trust IV Buys New Jersey Self-Storage Facility for $30 Million

Strategic Storage Trust IV Inc., a publicly registered non-traded real estate investment trust sponsored by SmartStop Asset Management, has purchased an approximately 1,900-unit self-storage...

Best-Selling Author Dr. Kerry Johnson to Keynote ADISA’s 2019 Spring Conference

ADISA, a trade association representing the alternative and direct investment industry, announced that best-selling author Dr. Kerry Johnson will be the keynote speaker at...

SEC Bars Former Questar Rep Serving Time for 15-Year Ponzi Scheme

The Securities and Exchange Commission has barred a former Questar Capital registered representative currently serving 11 years in prison for his role in perpetrating...

InvenTrust Urges Shareholders to Reject MacKenzie Tender Offer

InvenTrust Properties Corp., a publicly registered non-traded real estate investment trust, is urging shareholders to reject an unsolicited tender offer launched by MacKenzie Realty...

Belpointe Discloses Fee Structure for Private Opportunity Zone REIT

Belpointe REIT, a Regulation A real estate investment trust that plans to invest in assets located in qualified opportunity zones, has disclosed the fee...

NFP to Buy Bronfman Rothschild to Create $10 Billion RIA

NFP Corp., an insurance broker and provider of wealth management, retirement and estate planning services, plans to acquire wealth advisory firm Bronfman E.L. Rothschild...

Cole Credit Property Trust IV Lowers NAV Per Share, Appoints New Director

The board of Cole Credit Property Trust IV Inc., a publicly registered non-traded real estate investment trust, has approved an $8.65 per share net...

American Realty Capital New York City REIT Changes Name

American Realty Capital New York City REIT, a publicly registered non-traded real estate investment trust sponsored by AR Global Investments LLC, recently amended its...

Scaramucci’s SkyBridge Selects Fund Administrator for Opportunity Zone REIT

SkyBridge Capital, an alternative investment firm co-founded by Anthony Scaramucci, has selected BNY Mellon to be the sole provider of global fund administration services...

Cole Office & Industrial REIT Increases NAV Per Share

The board of Cole Office & Industrial REIT (CCIT II) Inc., a publicly registered non-traded real estate investment trust, has approved an estimated per...

SEC Charges Private Placement Sponsor with Overcharging Fees in Alleged Multi-Year Fraud

The Securities and Exchange Commission has charged registered investment adviser Direct Lending Investments LLC with a multi-year fraud that resulted in approximately $11 million...

L’Auberge de Sonoma Resort Fund Completes $20 Million Offering, Announces Overallotment

The L’Auberge de Sonoma Resort Fund LLC, a private placement offering sponsored by IMH Financial Corporation, has completed its $20 million preferred equity offering...

New Orleans Redevelopment Fund Launches Opportunity Zone Fund

New Orleans Redevelopment Fund (NORF), a real estate developer and sponsor of private placement offerings, has launched the NORF 3 Opportunity Zone Fund with...

Advisor Group Expands Executive Leadership Team

Advisor Group, a network of independent wealth management firms, has appointed Lori Love to the newly-created role of chief customer experience officer, reporting directly...

AR Global’s American Finance Trust Launches $30 Million Preferred Stock Offering

American Finance Trust Inc. (Nasdaq: AFIN), a former non-traded real estate investment trust sponsored by AR Global, has launched an underwritten public offering for...

Resource Apartment REIT III Increases NAV Per Share

The board of Resource Apartment REIT III Inc., a publicly registered non-traded real estate investment trust, has approved an estimated per share net asset...

InvenTrust Buys Florida Retail Property for $63.5 Million

InvenTrust Properties Corp., a publicly registered non-traded real estate investment trust, has purchased Lakeside Winter Park and Lakeside Crossing, two retail centers in Winter...