Cipher Technologies Attempting to Launch Bitcoin Focused Interval Fund
Cipher Technologies recently filed an initial registration statement with the Securities and Exchange Commission to launch Cipher Technologies Bitcoin Fund, an interval fund focused...
Black Creek Group to Develop 777,000 SF Industrial Park Near Atlanta
Black Creek Group, a real estate investment firm and sponsor of non-traded direct investment programs, has purchased 53 acres in the I-75 Northwest submarket...
Former KBS Internal Wholesaler Joins TwinRock Partners as VP of Investor Relations
TwinRock Partners, a sponsor of private real estate offerings, has hired Joe Prendergast as the new vice president of investor relations.
In his new role,...
ProEquities CEO Announces Candidacy for FINRA Large Firms Seat
Chris Flint, the president and CEO of ProEquities, has launched his candidacy for the large firms seat in this year’s FINRA board of governors’...
FINRA Fines Citigroup Brokerage Unit $1.25 Million for Lax Background Checks
The Financial Industry Regulatory Authority has fined Citigroup Global Markets Inc., the full-service brokerage affiliate of Citigroup Inc., $1.25 million for failing to conduct...
Sierra/Medley Amend Merger Agreements after Merger Vote Halted by Chancery Court
Sierra Income Corporation, a non-traded business development company, Medley Capital Corporation (NYSE: MCC), a publicly traded BDC, and Medley Management Inc. (NYSE: MDLY), an...
Everest Launches Tender Offer for Industrial Property Trust Shares Following Merger Announcement
Everest REIT Investors I LLC, a private real estate investment firm, has launched an unsolicited tender offer for 3.6 million shares of Industrial Property...
Billionaire Launches First Cannabis-Tied Cryptocurrency and Hemp Exchange
Alkiviades (Alki) David, a Greek billionaire and entrepreneur, has launched The Swissx Bank of Cannabis headquartered in Gstaad, Switzerland and with a Caribbean headquarters...
FINRA Suspends Former Wells Fargo Broker for Trading on Deceased Customer’s Account
The Financial Industry Regulatory Authority has suspended and fined former Wells Fargo broker, Michael David Garris, for making 26 unauthorized transactions in a deceased...
ExchangeRight Adds Internal Wholesaler Larry Baron to Sales Team
ExchangeRight, a sponsor of 1031 exchange and other alternative direct investment offerings, has hired Larry Baron as vice president over the Rocky Mountain/Western-Central region...
ARCTRUST JV Launches OZ Fund to Develop Washington D.C. Area Mixed-Use Project
ARCTRUST, a private real estate investment trust, has launched an opportunity zone fund in a joint venture with Velocity Capital, a real estate company...
LPL Financial Adds Another Group from Kestra Financial
LPL Financial LLC, the nation’s largest independent broker-dealer, has added Encino, California-based PFP Financial and Insurance Services Corp. to its broker-dealer and corporate registered...
Charles Schwab to Buy USAA’s Brokerage Business for $1.8 Billion
The Charles Schwab Corporation (NYSE: SCHW) has agreed to buy USAA’s Investment Management Company, including brokerage and managed portfolio accounts, for $1.8 billion in...
Capital Square 1031 Launches DST Offering of Georgia Multifamily Community
Capital Square 1031, a leading real estate investment and management firm specializing in Delaware statutory trust offerings, has launched CS1031 Bedford Parke Apartments DST,...
Pacific Oak Capital Funds Multifamily Development in Portland-Area Opportunity Zone
Pacific Oak Capital LLC, a sponsor of commercial real estate-focused alternative investments programs, has funded the $33 million development of Wood Village Apartments, a...
Strategic Storage Trust IV Buys 350-Unit Self Storage Facility Near Seattle
Strategic Storage Trust IV Inc., a publicly registered non-traded real estate investment trust, has purchased a 350-unit self-storage facility in the Seattle suburb of...
SEC Charges Utah Man with Defrauding Investors in a Real Estate Ponzi Scheme
The Securities and Exchange Commission has charged Landon M. Smith of Salt Lake County, Utah with operating a real estate offering fraud and Ponzi...
Red Oak Sells Out Reg A+ Bond Offering Ahead of Schedule, Another Planned Next...
Red Oak Capital Group, a Fintech private equity firm specializing in commercial real estate investments, has sold out of its latest offering, Red Oak...
Waypoint Residential Names Former FactRight CEO as Senior Managing Director
Waypoint Residential, LLC, a vertically integrated real estate investment firm focused on the U.S. rental housing sector, has hired Scott Smith as senior managing...
SC Distributors Hires Senior Regional Vice President for its Central U.S. Territory
SC Distributors, a wholesale distributor of alternative investment offerings, has hired Steve Baker as senior regional vice president for its Central U.S. territory.
Prior to...
