FINRA Censures and Fines Newbridge Securities
The Financial Industry Regulatory Authority has censured and fined Newbridge Securities Corporation $225,000 for failing to properly supervise the sale of complex securities such...
Rich Uncles Reaches Settlement of SEC Investigation
BrixInvest LLC, the external advisor to multiple real estate investment trusts including RW Holdings NNN REIT Inc. – also known as Rich Uncles NNN...
ExchangeRight Brings Three Multifamily DSTs Full Cycle
ExchangeRight, the nation’s second largest sponsor of securitized 1031 exchange offerings, has recently brought three of its Delaware statutory trust programs full cycle with...
RK Properties Fully Subscribes Latest DST Offering
RK Properties, a sponsor of alternative private placements and Delaware statutory trust offerings, has fully subscribed its latest 1031 exchange program, RK Solis Berewick...
Blackstone REIT Buys $5.3 Billion Industrial Portfolio in Record-Breaking Deal
Blackstone Real Estate Income Trust, a publicly registered non-traded REIT sponsored by private equity giant The Blackstone Group (NYSE: BX), has completed its purchase...
Carter Validus Mission Critical REIT Shareholders Approve Merger with Affiliated REIT
Shareholders of Carter Validus Mission Critical REIT Inc. (CVMC REIT I), a publicly registered non-traded real estate investment trust, approved the merger with affiliated...
SEC: Cetera Investment Advisers to Pay $185,000 for Solicitation Disclosure Violations
Cetera Investment Advisers LLC, a registered investment adviser affiliated with Cetera Financial Group Inc., will pay a penalty of $185,000 to settle SEC charges...
Senate Confirms Eugene Scalia as Labor Secretary
The Senate confirmed Eugene Scalia, the son of the late Supreme Court Justice Antonin Scalia, as Secretary of Labor in a 53-44 party-line vote...
Ashford to Launch Alternative Investment Platform, Considering Non-Traded REIT Space
Ashford Inc. (NYSE: AINC), a provider of asset management and other services to companies within the hospitality industry, has formed Ashford Securities LLC to...
Inland Private Enters the Senior Living Sector
Inland Private Capital Corporation (IPC), an alternative investment management firm and a sponsor of 1031 tax deferred exchanges, has launched its newest investment platform...