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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...

Guest column: Can Section 1031 Exchanges Survive a Biden Presidency? (Part One)

By: Louis Rogers, founder and chief executive officer, Capital Square Presidential hopeful Joe Biden has proposed a dramatic revision of the tax code. While the details...

Ways and Means Leaders Introduce Bipartisan Legislation to Increase Required Minimum Distribution Age

House Ways and Means Committee Chairman Richard Neal, (D-MA), joined by ranking member Kevin Brady, (R-TX), yesterday introduced bipartisan legislation dubbed the Securing a Strong...

ProEquities Names Kim Davis VP of Business Development

ProEquities, a financial advisory and brokerage subsidiary of Protective Life Corporation, today announced that it has named Kim Davis vice president of business development....

Blackstone REIT to Acquire Simply Self Storage for $1.2 Billion

Blackstone Real Estate Income Trust, Inc., the perpetual-life non-traded real estate investment trust sponsored by private equity giant Blackstone, announced on Monday that it...

Capital Square 1031 Launches Multifamily DST Offering in Chattanooga, Tenn.

Capital Square 1031, a sponsor of Delaware statutory trust offerings for 1031 exchange and other accredited investors, has launched a Regulation D private placement...

TriLinc Global Impact Fund Adds New Sub-Advisor

TriLinc Global Impact Fund LLC, a publicly registered non-traded limited liability company, has appointed a new trade finance sub-advisor, Origin Capital Limited, for business...

Sponsored: Don’t Let Escrow Account Delays Hold Up Your Offering Launch

By: Tim Cook, manager of corporate trust national sales, UMB Bank. Even when an offering doesn’t require investor funds to be held in escrow, investors...

Gladstone Lists Series B Preferred Stock on NASDAQ

Gladstone Land Corporation (Nasdaq:LAND) announced that it listed its 6.00% Series B Preferred Stock on Nasdaq under the ticker "LANDO.” Gladstone originally issued the Series...

Starwood REIT Amends DRIP and Share Repurchase Plan

Starwood Real Estate Income Trust, Inc, a perpetual-life monthly NAV REIT sponsored by private investment firm Starwood Capital Group, has amended its distribution reinvestment...

InvenTrust Chief Operating Officer to Step Down Next Month

InvenTrust Properties Corp., a publicly registered non-traded real estate investment trust formerly known as Inland American Real Estate Trust, disclosed that Ivy Greaner, executive...