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Monthly Archives: April 2019

Capital Square 1031 Launches New Multifamily DST Private Placement

Capital Square 1031, a real estate investment and management firm specializing in Delaware statutory trust offerings, has purchased a 294-unit multifamily community in Richmond,...

LPL Financial Adds Former Morgan Stanley Advisor

LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisor Pete Babilla has joined existing LPL firm HighPoint Planning Partners. Babilla joins...

FINRA Suspends Former High-Profile LPL Broker for Borrowing Money from Client

The Financial Industry Regulatory Authority has suspended and fined James Bashaw, a former LPL Financial broker, for borrowing approximately $200,000 from an LPL customer...

Ladenburg Names Veteran Executive to Senior Vice President of Enterprise Services

Ladenburg Thalmann Financial Services Inc. (NYSE: LTS), a publicly-traded financial services company, has appointed veteran industry operations and technology executive David Ballard to the...

Resource Apartment REIT III Plans to Buy 15-Story Multifamily Property Near Washington D.C.

Resource Apartment REIT III Inc., a publicly registered non-traded real estate investment trust, has agreed to purchase a 141-unit multifamily property located in Alexandria,...

Securities America Recruits Team with $200 Million in Client Assets

Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS), has recruited a group of six advisors with more...

The DI Wire Welcomes Central Trade & Transfer as a New Directory Sponsor

The DI Wire is pleased to welcome Central Trade & Transfer as the newest member of our directory. Click here to visit Central Trade &...

NAV REIT Growth Continues During the First Quarter of 2019

NAV REITs have posted a 1.68 percent total return in the first quarter of 2019, as measured by the Stanger NAV REIT Total Return...

Rich Uncles Suspends DRIP Following Bidder Interest

The board of Rich Uncles Real Estate Investment Trust I, a publicly registered non-traded REIT, has suspended the company’s dividend reinvestment plan after receiving...

Centerbridge Partners Reportedly Mulling Purchase of Advisor Group for $2 Billion

Bloomberg reported that Centerbridge Partners LP is in talks to purchase independent broker-dealer network Advisor Group for more than $2 billion, citing anonymous sources...