The Parking REIT Withdraws Pending $100 Million IPO
The Parking REIT Inc., a publicly registered non-traded real estate investment trust formed by the December 2017 merger of MVP REIT and MVP REIT...
SEC Charges Cetera Advisors with Defrauding Retail Advisory Clients
The Securities and Exchange Commission has charged Cetera Advisors LLC, a registered investment adviser and broker-dealer based in Denver, Colorado, with breaching its fiduciary...
Capital Square Buys Land for Opportunity Zone Multifamily Development in Richmond, Virginia
Capital Square, a sponsor of tax-advantaged real estate investments, has purchased a parcel of land in Richmond, Virginia’s Scott’s Addition opportunity zone to develop...
NB Private Capital Hires Senior Vice President of Asset Management
NB Private Capital LLC, a real estate investment firm and sponsor of private placement offerings, has hired James Hogen as senior vice president of...
W.P. Carey-Sponsored REIT Increases Quarterly Net Asset Value Per Share
Corporate Property Associates 18 – Global Inc., a publicly registered non-traded real estate investment trust managed by W. P. Carey Inc. (NYSE: WPC), has...
SmartStop Self Storage REIT Suspends Share Redemption Program
The board of SmartStop Self Storage REIT Inc., a publicly registered non-traded real estate investment trust formerly known as Strategic Storage Trust II, has...
Massachusetts Fines Wells Fargo $450,000 over Unregistered Agents and Supervisors
The Massachusetts Securities Division has fined Wells Fargo $450,000 for failing to ensure that its agents and supervisors were appropriately registered in Massachusetts.
Wells Fargo...
iCapital Network Appoints Four Senior Executives
​​iCapital Network, an online platform that provides access to alternative investments, has added four senior executives including Michael Kushner as chief financial officer, Jennifer...
President Trump Officially Nominates Eugene Scalia to Head Department of Labor
President Donald Trump announced his intent on Tuesday to nominate Eugene Scalia as the Secretary of Labor, replacing Alexander Acosta who resigned in mid-July...
SEC Obtains Emergency Asset Freeze and Charges Adviser with $100 Million Fraud
The Securities and Exchange Commission has charged Brenda Smith, a Pennsylvania investment adviser, with operating a $105 million fraud. The SEC also obtained an...
Phoenix American Hospitality Launches Reg A REIT Offering
Phoenix American Hospitality, a Dallas-based opportunistic hotel fund manager, has launched its $50 million Regulation A offering, American Hospitality Properties REIT Inc., to invest...
Cottonwood Hires SVP of Capital Markets for its Southeast Territory
CW Markets Group, a branch office of Orchard Securities, the capital markets division and wholesale distribution arm of Cottonwood Residential, has hired Tyler Smith...
3G Capital Advisors and Watermark Residential Form JV Focused on Multifamily Development
3G Capital Advisors LLC, a real estate advisory firm and private placement sponsor, has formed a joint venture with Watermark Residential called Watermark 3G...
Former PricewaterhouseCoopers Partner Joins Triton Pacific as Chief Financial Officer
Triton Pacific, a private equity firm based in Los Angeles, has hired Jill Tregillis to serve as chief financial officer of its back-office operations...
Industrial Property Trust Urges Shareholders to Reject Latest Unsolicited Tender Offer
The board of Industrial Property Trust, a publicly registered non-traded real estate investment trust sponsored by Black Creek Group LLC, is urging shareholders to...
JLL Income Property Trust Buys 200,000 SF Industrial Property Near Boston
JLL Income Property Trust, a daily NAV real estate investment trust, has purchased Taunton Distribution Center, a 200,000-square-foot Class A industrial property located in...
LPL Financial Recruits Former Ameriprise Hybrid
LPL Financial LLC, the nation’s largest independent broker-dealer, has added financial advisors Barry Rucks and Matt Silverhardt of Barry A. Rucks & Associates to...
Sponsored: Inland Private Capital Corporation Completes Record-Breaking Sale of Industry’s Largest Securitized Full-Cycle 1031...
Inland Private Capital Corporation (IPC) continues to break records within the securitized 1031 sector. Recognized as the leader in securitized 1031 exchange transactions, IPC...
SEC Charges Broker-Dealer and CEO With Supervision Failures
The Securities and Exchange Commission has charged New York-based broker-dealer AOC Securities LLC and its former chief executive officer, Ronaldo Gonzalez, with failing to...
Virtua Partners Buys Hotel Development in Winston-Salem Opportunity Zone
Virtua Partners, a private equity firm specializing in commercial real estate, has purchased a 126-room Courtyard by Marriott currently under construction in a Winston-Salem,...
