KBS REIT II Sells San Jose Office Property, Authorizes Liquidating Distribution
KBS Real Estate Investment Trust II, a publicly registered non-traded REIT, has sold another office property at District 237, a Class A 415,500-square-foot office/research...
Strategic Data Center Buys Baltimore Data Center
Strategic Data Center Fund Manager LLC, the data center real estate division of alternative investment sponsor Strategic Capital Fund Management, has purchased a data...
Voya to Pay $23 Million to Settle SEC Charges
The Securities and Exchange Commission has ordered Voya Financial Advisors to pay nearly $23 million to settle charges that it breached its fiduciary duties...
The Beneficient Company Hires Two Managing Directors
The Beneficient Company Group L.P., a provider of trust and liquidity services to owners of alternative assets, has hired Maureen Downey and Casey Brunner...
Comrit Completes Tender Offer for Shares of Benefit Street Partners Realty Trust
Comrit Investments 1 LP, Tel Aviv-based investment fund, has completed its unsolicited tender offer for shares of Benefit Street Partners Realty Trust, a publicly...
LPL Financial Recruits Financial Advisor from J.P. Morgan Securities
LPL Financial LLC, the nation’s largest independent broker-dealer, has added financial advisor Bryan Schneider to its broker-dealer and corporate RIA platforms, leveraging LPL as...
NorthStar Healthcare NAV Plummets
NorthStar Healthcare Income Inc., a publicly registered, non-traded real estate investment trust, has lowered its estimated net asset value to $3.89 per share, as...
CIM Real Estate Finance Trust Completes Mergers with Two Affiliated Non-Traded REITs
CIM Real Estate Finance Trust (CMFT), a publicly registered non-traded real estate investment trust, has completed the previously announced stock-for-stock merger transactions with two...
Cottonwood Communities Mulls Potential Merger, Suspends DRIP and SRP
Cottonwood Communities Inc., a publicly registered non-traded real estate investment trust, has temporarily suspended its primary offering, share repurchase program, and distribution reinvestment plan,...
SEC Adopts Modernized Marketing Rule for RIAs
The Securities and Exchange Commission has finalized reforms under the Investment Advisers Act to modernize rules that govern investment adviser advertisements and payments to...
