Home 2020 January

Monthly Archives: January 2020

CION Ares Interval Fund Shareholders to Vote on Incentive Fee Calculation Change

Shareholders of CION Ares Diversified Credit Fund, a daily-NAV interval fund, will soon vote on a proposal to amend the company's advisory agreement with...

Catalyst Opportunity Funds Makes Initial Opportunity Zone Investments

Catalyst Opportunity Funds​, a private equity firm focused on opportunity zone investment, has completed investments for its first three projects, located in Salt Lake...

Capital Square 1031 Fully Subscribes All-Cash DST Offering of New Memory Care Facility

Capital Square 1031, a sponsor of Delaware statutory trust offerings, has fully subscribed CS1031 Houston Memory Care II DST, a Reg. D private placement...

JLL Income Property Trust Buys Grocery-Anchored Shopping Center Near Boston

JLL Income Property Trust, an institutionally managed daily NAV real estate investment trust, has purchased Milford Crossing, a new 160,000 square-foot grocery-anchored neighborhood shopping...

Pacific Oak REITs Negotiate Potential Merger

The special committees of Pacific Oak Strategic Opportunity REIT Inc. and Pacific Oak Strategic Opportunity REIT II Inc., two publicly registered non-traded REITs formerly...

KBS Real Estate Investment Trust II Sells Trophy Office Property in New Jersey at...

KBS Real Estate Investment Trust II, a publicly registered non-traded REIT, has sold Park Avenue at Morris County, a six-building Class A office park...

Two Griffin-American Healthcare REITs Complete $59 Million in Acquisitions/Developments

American Healthcare Investors, the co-sponsor of Griffin-American Healthcare REIT III Inc. and Griffin-American Healthcare REIT IV Inc., completed $59 million in acquisitions and developments...

Hines Global Income Trust Sells Nevada Multifamily Property for $80 Million

Hines Global Income Trust, Inc., a publicly registered non-traded real estate investment trust, has sold the Domain Apartments located in Henderson, Nevada for $80.1...

The DI Wire Welcomes STRATA Trust Company as a New Directory Sponsor

The DI Wire is pleased to welcome STRATA Trust Company as the newest member of our directory.

Pacific Oak Strategic Opportunity REIT Registers $1 Billion NAV REIT Offering

Pacific Oak Strategic Opportunity REIT Inc., a publicly registered non-traded real estate investment trust formerly known as KBS Strategic Opportunity REIT Inc., has registered...

SEC Charges Former Broker with Defrauding Retail Investors

The Securities and Exchange Commission has charged Edward Matthes, a former Wisconsin-based registered representative and investment adviser, with defrauding 26 of his mostly elderly...
video

Video: Fintech and Electronic Processing

At the most recent ADISA annual conference, The DI Wire sat down with Bill Robbins, chief executive officer of WealthForge, a financial technology firm...

Capital Square Appoints Vice President of Transactions and Senior Paralegal

Capital Square, an investment sponsor specializing in tax-advantaged real estate offerings, has promoted Melodie Bobko to vice president of transactions and senior paralegal. “Melodie is...

TP Flexible Income Fund Increases Distribution Rate

TP Flexible Income Fund Inc, a non-traded traded business development company created by the merger between Pathway Capital Opportunity Fund and Triton Pacific Investment...

Hines Global Income Trust Buys Multifamily Property Near Washington DC for $117 Million

Hines Global Income Trust, Inc., a publicly registered non-traded non-traded real estate investment trust, has purchased the Emerson, a newly constructed 355‐unit Class A...

Perigon Wealth Management and RLP Wealth Advisors Merge to Create $1.8 Billion RIA

Perigon Wealth Management, a registered investment advisory firm headquartered in San Francisco, has merged with RLP Wealth Advisors, a registered investment advisory firm with...

Pacific Oak Expands Executive Team with Latest Hires

Pacific Oak Capital Advisors LLC, a sponsor of commercial real estate-focused alternative investments programs, has expanded its executive management team to include Brian Ragsdale,...

SharesPost Hires New Sales and Distribution Team from CR Capital Distributors

SharesPost, a platform for secondary transactions and digital securities, has hired a new in-house sales and distribution team to expand access to its investment...

Nelson Partners Buys Student Housing Asset for Nearly $200 Million

Nelson Partners, a real estate investment firm that sponsors Delaware statutory trust and tenant-in-common 1031 exchange offerings, has purchased Sol y Luna, a 14-story,...

KBS Growth & Income REIT Sells California Office Building to Private Investor

KBS Growth & Income REIT Inc., a publicly registered non-traded REIT, has sold Von Karman Tech Center, a 101,200-square-foot multi-tenant office building located in...