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Monthly Archives: October 2020

Griffin Capital Launches Second Qualified Opportunity Zone Fund

Griffin Capital Company LLC, a private alternative asset manager and sponsor of non-traded alternative investment programs, has launched a second Regulation D opportunity zone...

ExchangeRight Fully Subscribes $97 Million DST Offering

ExchangeRight, a sponsor of securitized 1031 exchange real estate offerings, has fully subscribed its $97.4 million Net-Leased Portfolio 39 Delaware statutory trust offering. The offering,...

Guest Contributor: Can Section 1031 Exchanges Survive a Biden Presidency (Part Two)?

By: Louis Rogers, founder and chief executive officer, Capital Square This is the second part of a multi-part series. Part 1 can be read here. Presidential...

Shareholders Approve Hines’ Exit from HMS Income Fund

Shareholders of HMS Income Fund, a publicly registered non-traded business development company advised by a Hines affiliate and sub-advised by an affiliate of Main...

Cresset Diversified Real Estate Hires Director of Investments to Focus on OZ Real Estate

Cresset Diversified Real Estate, a real estate investment company, has hired Dominic DeRose as director of investments. In his role, DeRose will focus on...

LPL Buys FinTech Firm for $12 Million

LPL Financial Holdings Inc. (Nasdaq: LPLA), the parent company of the nation’s largest independent broker-dealer, LPL Financial LLC, has acquired Blaze Portfolio, a Chicago-based...

SEC Adopts Rule for Derivatives Use by Registered Funds and BDCs

The Securities and Exchange Commission has voted to modernize the regulatory framework for derivatives use by registered investment companies, including mutual funds (other than...

Investcorp Buys 32 Industrial Properties for $280 Million

Investcorp, a sponsor and manager of alternative investment products, has purchased 32 industrial properties in Ohio totaling approximately 3.5 million square feet for a...

Sierra Income Corporation Reinstates Monthly Distributions

Sierra Income Corporation, a non-traded business development company, has reinstated and declared a series of monthly distributions for October, November and December 2020 of...

Non-traded Alternative Fundraising Down, But Rebounding Despite Headwinds

Despite the turbulence and unprecedented headwinds that have blown throughout most of 2020, IPAVision 2020, the Institute for Portfolio Alternative’s flagship conference, kicked-off online...