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Monthly Archives: March 2020

Phillips Edison & Company Suspends Distributions and Share Repurchases in Response to Pandemic

Phillips Edison & Company, Inc., an internally managed real estate investment trust that invests in grocery-anchored shopping centers, has reportedly implemented a number of...

CIM Real Estate Finance Trust Lowers Net Asset Value Per Share

The board of CIM Real Estate Finance Trust, a publicly registered non-traded real estate investment trust formerly known as Cole Credit Property Trust IV,...

Advisor Group Expands Senior Leadership Team, Hires Former LPL Executive

Advisor Group, one of the nation's largest wealth management firms, has expanded its leadership team following its recent merger with Ladenburg Thalmann. The management...

CAI Investments Fully Subscribes DST Offering of Pennsylvania Logistics Facility

CAI Investments, a property manager/developer and private placement sponsor, has fully subscribed its Delaware statutory offering, CAI Investments Coatesville DST, comprised of a specialized...

InPoint Suspends Public Offering, Share Repurchases, Distributions and DRIP Amid Pandemic

The board of InPoint Commercial Real Estate Income Inc., a commercial mortgage real estate investment trust, has suspended the company’s public offering, share repurchase...

Benefit Street Partners Realty Trust Suspends Distribution Reinvestment Plan

Benefit Street Partners Realty Trust Inc., a publicly registered non-traded real estate investment trust, has suspended its distribution reinvestment and stock purchase plan, effective...

SEC Provides Additional Temporary Regulatory Relief for Reg A and Crowdfunding Issuers

In response to the effects of the coronavirus (COVID-19), the Securities and Exchange Commission has provided additional temporary regulatory relief to parties needing to...

CORE Pacific Advisors Fully Subscribes DST Offering of Alabama Multifamily Property

CORE Pacific Advisors, a Delaware statutory trust sponsor located in Newport Beach, California, has fully subscribed the capital raise requirements for CPA Barrington Apartments...

Sponsored: SC Distributors Reports Surge in Activity on its Online Advisor Portal

SC Distributors, LLC (“SC”), an established wholesale distributor of high-quality alternative investment products, is reporting increased usage of its innovative, online Advisor Portal in...

ExchangeRight Fully Subscribes $119 Million Net-Leased DST Offering

ExchangeRight, a sponsor of securitized 1031 exchange real estate offerings, has fully subscribed its $119 million Net-Leased Portfolio 31 Delaware statutory trust offering. The portfolio...

SEC Further Extends Reporting and Proxy Deadlines, FINRA Postpones Arbitration Meetings

The Securities and Exchange Commission has extended the filing periods covered by its previously announced conditional reporting relief for certain public company filing obligations...

Procaccianti Hotel REIT Suspends Share Repurchase Program

Procaccianti Hotel REIT Inc., a publicly registered non-traded real estate investment trust sponsored by privately-held real estate firm Procaccianti Companies Inc., has suspended its...

CNL Strategic Capital Closes on Latest Investment

CNL Strategic Capital LLC, a publicly registered non-traded limited liability company, has closed on a $12.5 million investment in Transition Finance Strategies LLC, which...

UMB Fund Services Names Industry Veteran as SVP, Director of Transfer Agency

UMB Fund Services has hired Mike Huisman as senior vice president, director of transfer agency. UMB Fund Services is a division of UMB Financial...

CNL Healthcare Properties Declares Lower Net Asset Value Per Share

The board of CNL Healthcare Properties, a publicly registered non-traded real estate investment trust, approved an estimated net asset value per share of $7.81,...

CĪON Investment Corporation Suspends Distributions and Share Repurchase Program

CĪON Investment Corporation, a non-traded business development company, has changed the timing of declaring distributions from quarterly to monthly and temporarily suspended distributions and...

Moody National REIT II Suspends Offering, Distributions, Repurchases Amid COVID-19 Pandemic

Moody National REIT II Inc., a publicly registered non-traded real estate investment trust, has implemented a number of changes, citing decreased demand for hotel...

The DI Wire Welcomes Strategic Capital Fund Management as a New Directory Sponsor

The DI Wire is pleased to welcome Strategic Capital Fund Management as the newest member of our directory.

Rodin Global Property Trust Registers Follow-on Offering as a Perpetual-Life REIT

Rodin Global Property Trust Inc., a publicly registered non-traded REIT sponsored by Cantor Fitzgerald Investors, has extended its initial public offering and registered a...

FS Energy and Power Fund Suspends Share Repurchase Program and Distributions

The board of FS Energy and Power Fund, a non-traded business development company that invests in energy companies, decided to terminate the company’s quarterly...