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Monthly Archives: June 2019

Principal Launches First Interval Fund

Principal Global Investors, an asset management firm with approximately $442.4 billion in client assets, has launched its first interval fund, the Principal Diversified Select...

Strategic Storage Trust II Increases Net Asset Value

The board of Strategic Storage Trust II Inc., a publicly registered non-traded real estate investment trust sponsored by SmartStop Asset Management, has approved an...

SEC Charges President of Oil and Gas Company for Misusing Retail Investor Funds

The Securities and Exchange Commission has charged Mark A. Plummer for misappropriating investor funds raised through Texas E&P Partners, Inc., his oil and gas...

InvenTrust Appoints New Chief Financial Officer

InvenTrust Properties Corp., a publicly registered non-traded real estate investment trust, has appointed Daniel J. (“DJ”) Busch to executive vice president, chief financial officer...

Vulcan Capital Seeds the Launch of TriLinc’s Private Debt Fund

Vulcan Capital, the multi-billion-dollar investment arm of Vulcan Inc., has again selected TriLinc Global Advisors LLC to seed the launch of its new TriLinc...

Purshe Kaplan Pays $9.5 Million to Settle Native American Tribe’s Unsuitable REIT Purchase

Purshe Kaplan Sterling Investments, a boutique broker-dealer and subsidiary of Wentworth Management Services LLC, has paid the Saginaw Chippawa Indian Tribe of Michigan $9.5...

Massachusetts Securities Division Fines LPL $1.1 Million over Unregistered Agents and Late Filings

The Massachusetts Securities Division has fined LPL Financial $1.1 million for failing to properly register agents in Massachusetts and timely file certain reportable events....

Hartman vREIT XXI Registers Follow-On Offering

Hartman vREIT XXI Inc., a publicly registered non-traded real estate investment trust, has registered a follow-on offering for up to $220 million of its...

GK Development Reg D Program Goes Full Cycle with 39% Total Return in Three...

GK Development Inc., a real estate investment firm and sponsor of Delaware statutory trusts and private placement offerings, announced that its program GK Secured...

GWG Hires Former SC Distributors National Accounts Exec as SVP of Business Development

GWG Holdings Inc. (Nasdaq: GWGH), a sponsor of non-traded life settlement investment programs, has hired Jenniffer Daigle to serve as its new senior vice...