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Monthly Archives: September 2020

Highlands REIT Names Treasurer

Highlands REIT Inc., a publicly registered non-traded real estate investment trust, has appointed Kimberly Karas to serve as the company’s treasurer. In this capacity,...

CNB Custody Now Offers Direct Real Estate in Self-Directed IRAs

CNB Custody, a division of Community National Bank, is now able to custody direct real estate investments within self-directed individual retirement accounts. Jenny Heiman, senior...

SEC Charges Former Transamerica Broker with Defrauding Retail Investors

The Securities and Exchange Commission has charged Scott Allen Fries, a former Ohio-based registered representative and investment adviser representative, with allegedly defrauding at least...

Oaktree REIT Declares Slightly Lower Net Asset Value Per Share for August

Oaktree Real Estate Income Trust Inc., a publicly registered non-traded real estate investment trust sponsored by alternative investment manager Oaktree Capital Management L.P., has...

Cardone Capital Buys Florida Multifamily Property Following Crowdfunding Campaign

Cardone Capital LLC, a Miami-based private equity firm that invests in multifamily properties across the southeast United States, has purchased Port Royale Apartments, a...

KBS Names Regional President of the Western Region

KBS, a sponsor of non-traded real estate investment trusts, has promoted Giovanni (Gio) Cordoves from senior vice president and co-director of asset management to...

ExchangeRight Fully Subscribes $44.5 Million Offering

ExchangeRight, a sponsor of securitized 1031 exchange real estate offerings, has fully subscribed its $44.5 million Net-Leased Portfolio 36 DST, a Delaware statutory trust...

Greenbacker Adds Two Senior Hires to Business Development Team

Greenbacker Capital Management LLC has added two senior professionals to newly created roles in its business development team. Christine Nguyen will serve as director...

LPL Financial Recruits $1 Billion Team from Securian

LPL Financial LLC, the nation’s largest independent broker-dealer, has added San Mateo, California-based SGC Financial and Insurance Services to its broker-dealer and corporate registered...

Starwood REIT Declares Slightly Higher NAV Per Share for August

Starwood Real Estate Income Trust, Inc, a perpetual-life monthly NAV REIT sponsored by private investment firm Starwood Capital Group, updated its monthly net asset...