Capital Square 1031 Adds Industrial Asset Class to its DST Offerings Portfolio
Capital Square 1031, a sponsor of Delaware statutory trust offerings, has purchased a two-building, 115,627-square-foot research and development industrial campus in Fort Collins, Colorado....
Shopoff Sells 45 Acres of Land in Riverside County California
Shopoff Realty Investments, a manager of opportunistic and value-add real estate investments, has sold 45 acres of raw land in Riverside County to Pulte...
U.S. Energy Invests in Oil Development Project in Permian Basin Opportunity Zone
U.S. Energy Development Corporation, an exploration and production firm and sponsor of direct oil and natural gas investments, has purchased $7 million in interests...
Good Life Companies Appoints Chief Operating Officer
Good Life Companies (Good Life), an independent hybrid registered investment advisor, has appointed Rachel Bashore as chief operating officer to oversee all aspects of...
FINRA Fines Securities America for Violating Customer Privacy
The Financial Industry Regulatory Authority has fined Securities America $125,000 for purportedly helping 12 recruited brokers take nonpublic personal customer information from their former...
JLL Income Property Trust Buys New Jersey Life Sciences Facility
JLL Income Property Trust, a non-traded daily net asset value real estate investment trust, has purchased 170 Park Avenue, a 147,000-square-foot life sciences building...
Resolute Capital Partners Hires President of Energy
Private equity firm Resolute Capital Partners has hired Casey Minshew as president of energy. In this newly created position, Minshew will provide leadership and...
LPL Financial Adds $675 Million Team
LPL Financial LLC, the nation’s largest independent broker-dealer, has added WWK Investments to its broker-dealer, corporate registered investment advisor and custodial platforms. The family...
Advisor Group Launches National Advisory Board
Advisor Group, a network of independent wealth management firms, has launched its new National Advisory Board (NAB), consisting of 12 advisors from across its...
InvenTrust Announces CEO Succession Plan
InvenTrust Properties Corp., a publicly registered non-traded real estate investment trust, announced that Thomas McGuinness, president and chief executive officer, will be retiring from...
Wells Fargo to Sell Asset Management Arm to Two Private Equity Firms
Wells Fargo & Company (NYSE: WFC) has agreed to sell Wells Fargo Asset Management to private equity firms GTCR LLC and Reverence Capital Partners...
Red Oak Funds Bridge Loan for Las Vegas Office Complex
Red Oak Financial, a Michigan-based commercial real estate finance company, has funded an $8.4 million bridge loan for Centennial Office, a nearly 60,000-square-foot office...
CNL Healthcare Urges Shareholders to Reject Comrit Tender Offer
CNL Healthcare Properties Inc., a publicly registered non-traded real estate investment trust focused on senior housing, has recommended that shareholders reject the recent unsolicited...
Two AR Global REITs Appoint New CFO Following Resignation
Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, and American Finance Trust (Nasdaq: AFIN), a former non-traded...
SEC Obtains Judgment Against Former LPL Broker that Ran $5 Million Ponzi Scheme
The Securities and Exchange Commission has obtained a final judgement against James T. Booth, a former LPL Financial broker who operated a Ponzi scheme...
Hines Global Income Trust Buys Office R&D Property in Silicon Valley
Hines Global Income Trust Inc., a publicly registered non-traded real estate investment trust, has purchased 5301 Patrick Henry Drive, a single-tenant office, research and...
Aurora Securities Names President and Chief Compliance Officer
Aurora Securities Inc., an independent broker-dealer, has hired Lori Kamen to serve as its president and chief compliance officer. She will also serve as...
1031 Exchange Programs Raise $3.2 Billion in 2020
Securitized 1031 exchange offerings raised just shy of $3.2 billion in 2020, down from last year's total of nearly $3.5 billion, according to the...
Black Creek Industrial REIT IV Declares Monthly NAV Per Share
Black Creek Industrial REIT IV Inc., a publicly registered non-traded real estate investment trust, has updated the monthly per share net asset value for...
Phillips Edison Buys Minnesota Shopping Center
Phillips Edison & Company, Inc., an internally managed non-traded real estate investment trust focused on grocery-anchored shopping centers, has purchased West Village Center, a...
