Home 2020 September

Monthly Archives: September 2020

image_pdf

SEC Charges Recidivist Advisor in Alleged $1 Million Investment Fraud

The Securities and Exchange Commission has charged Clifton Curtis Sneed Jr., a recidivist securities law violator based in Texas, with defrauding investment advisory clients...

Strategic Storage Trust IV Adopts New Investor Distribution Policy

The board of Strategic Storage Trust IV Inc., a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage...

Spring Hills Hires Senior Vice President of Business Development

Spring Hills Marketing, a division of Spring Hills Senior Communities, has hired Matt Peoples as senior vice president of business development.Peoples has experience in...

LPL Financial Recruits Team from Advisor Group’s Securities Service Network

LPL Financial LLC, the nation’s largest independent broker-dealer, has added Hendrix Group Financial Services to its broker-dealer and corporate RIA platforms, which leverage LPL...

Capital Square Seeks to Target Institutional Investors with Latest Hire

Capital Square, a sponsor of tax-advantaged real estate investments, has hired industry veteran Bernard R. Vonderhaar as managing director and head of institutional fundraising.Prior...

SmartStop Self Storage REIT Changes Distribution Authorization Frequency

The board of SmartStop Self Storage REIT Inc., a publicly registered non-traded real estate investment trust formerly known as Strategic Storage Trust II Inc.,...

SEC and FINRA to Hold Roundtable on Regulation Best Interest and Form CRS

The Securities and Exchange Commission will hold a roundtable with the Financial Industry Regulatory Authority (FINRA) to discuss initial observations on the implementation of...

Ameriprise Recruits $500 Million Team from LPL Financial

Ameriprise Financial Inc. (NYSE: AMP) announced that Voyage Financial Group, a wealth management practice with nearly $500 million in client assets, has joined the...

The DI Wire Welcomes Greenbacker as a New Directory Sponsor

The DI Wire is pleased to welcome Greenbacker as the newest member of our directory.

Blackstone REIT Registers Second Follow-On Offering

Blackstone Real Estate Income Trust Inc., a publicly registered non-traded real estate investment trust sponsored by private equity giant The Blackstone Group (NYSE:BX), has...

Colony Capital to Exit Hospitality Business with $2.8 Billion Portfolio Sale Agreement

Colony Capital Inc. (NYSE: CLNY), a publicly traded real estate investment trust, has agreed to sell six of its hospitality portfolios to Highgate, a...

NEF and Fifth Third Close $25 Million Opportunity Zones Fund Focused on Low-Income Rentals

National Equity Fund Inc. (NEF) and Fifth Third Bank have closed on $25 million in opportunity zone investments to develop nearly 300 rental homes...

Former Wells Fargo Advisors Join LPL and Launch Indie Firm

LPL Financial LLC, the nation’s largest independent broker-dealer, announced that longtime financial advisors Marc DeCicco and Tad M. Wilson have launched their independent practice,...

Guest Contributor: Is the Oil Sector in the Recovery Phase, and is Now the...

By Dan Steffens, President of Energy Prospectus Group The Oil Price Recovery With four decades working in the oil and gas industry, I’ve lived...

Hines Global Income Trust Declares NAV Per Share for August, Provides Rent Collection Update

The board of Hines Global Income Trust Inc., a publicly registered non-traded real estate investment trust, has declared a net asset value per share...

Nuveen Global Cities REIT Declares Slightly Increased Net Asset Value Per Share

Nuveen Global Cities REIT Inc., a publicly registered non-traded real estate investment trust, has updated its net asset value per share as of August...
fiduciary rule

SEC Charges Former Broker with $4 Million Offering Fraud

The Securities and Exchange Commission has charged former broker and New York City resident Craig A. Zabala for defrauding investors in his company, Concorde...

Good Life Recruits $200 Million Team

Good Life Companies, an independent hybrid registered investment advisor, has recruited YTS Wealth Management, a Pennsylvania-based team with approximately $200 million in total client...

FINRA Suspends Former Purshe Kaplan Broker over Reg D Offerings He Managed

Financial Industry Regulatory Authority has fined and suspended a former Purshe Kaplan Sterling Investments broker for raising $6 million from numerous investors through two...

Black Creek Ramps Up Industrial Leasing and Development as E-Commerce Demand Grows

Black Creek Group, a Denver-based real estate investment management firm and non-traded real estate investment trust sponsor, sees E-commerce continue to positively impact industrial...