Realty Income to Buy VEREIT in All Stock Transaction
VEREIT Inc. (NYSE: VER), a publicly traded REIT formerly known as American Realty Capital Properties (ARCP), plans to merge with net-lease giant Realty Income...
Capital Square Buys Georgia Multifamily Property for DST Offering
Capital Square 1031, a sponsor of Delaware statutory trust offerings for 1031 exchange and other accredited investors, has purchased SouthLawn Lawrenceville, a newly constructed...
Advisor Group’s Woodbury Financial Recruits $257 Million Team
Woodbury Financial Services, an independent wealth management firm within the Advisor Group network, has recruited Illinois-based Ambassador Wealth Management, a multi-service wealth management practice...
FINRA Fines and Suspends Former LPL Broker for Borrowing Money from Client
The Financial Industry Regulatory Authority has suspended former LPL Financial broker, Elias Moses Hakimian, for three months for reportedly borrowing $120,000 from a firm...
Prospect Capital Reports Capital Raise of Preferred Stock Offering
Prospect Capital Corporation (NASDAQ: PSEC), a publicly traded business development company, reported that its continuous preferred stock offering of up to 40 million shares...
Non-Traded NAV REITs Reportedly Outperform Traded Counterparts
Non-traded real estate investment trusts, as well as their traded counterparts, made gains in the first quarter of 2021 as the market continued to...
Cresset Partners and Diversified Real Estate Capital Establish “Formal” Partnership
Cresset Partners and Diversified Real Estate Capital have partnered to form Cresset Real Estate Partners, an entity that plans to target investment opportunities in...
Cantor Fitzgerald Sells Las Vegas Multifamily DST Property
A joint venture between a subsidiary of Cantor Fitzgerald Investors LLC and private real estate investment firm Hamilton Zanze & Company has sold Norterra...
Atria’s Cadaret Grant Recruits $2 Billion OSJ
Cadaret Grant, an independent wealth management firm and subsidiary of Atria Wealth Solutions Inc., has recruited Ohio-based Cedar Brook Group, an office of supervisory...
Resolute Capital Partners Appoints Managing Director of Real Estate
Private equity firm Resolute Capital Partners has promoted Katherine Kane to the newly created position of managing director of real estate. In her new...
LPL Financial Recruits Financial Advisor with $400 Million in Client Assets
LPL Financial LLC, the nation’s largest independent broker-dealer, has added financial advisor Evan Lereah to its broker-dealer, corporate registered investment advisor and custodial platforms....
Griffin Capital Essential Asset REIT Declares Quarterly NAV Per Share
Griffin Capital Essential Asset REIT Inc., a publicly registered non-traded real estate investment trust, has declared a new quarterly net asset value per share...
Black Creek Reports Record-Breaking Quarter for Industrial Leasing
Black Creek Group, a Denver-based real estate investment management firm, has executed 4.4 million square feet of industrial leases in the first quarter of...
Inland Buys 11-Property Retail Portfolio for $295 Million
The Inland Real Estate Group of Companies Inc, a commercial real estate and finance group, has purchased a 748,000-square-foot portfolio of 11 single-tenant retail...
Four Springs Capital Markets Hires SVP of Business Development
Four Springs Capital Markets, a financial services firm that focuses on raising capital for 1031 exchanges and other alternative investments, has hired Hall Jones...
Wealth Enhancement Group to Buy $1.6 Billion California RIA
Wealth Enhancement Group, an independent wealth management firm, plans to purchase Pillar Pacific Capital Management LLC, an independent registered investment adviser with locations in...
Griffin-American Healthcare REIT III Reinstates Distributions, Releases Fourth Quarter and Year-End Results
Griffin-American Healthcare REIT III Inc., a publicly registered non-traded real estate investment trust co-sponsored by American Healthcare Investors and Griffin Capital Company, has reinstated...
GWG Receives Nasdaq Notification of Non-Compliance with Listing Rule
GWG Holdings Inc. (Nasdaq: GWGH), a financial services firm and sponsor of non-traded direct investment offerings, has received a letter from the Nasdaq’s listing...
Ashford Securities Hires Head of National Accounts
Ashford Securities, a broker-dealer wholly-owned by Ashford Inc. (NYSE: AINC), has expanded its distribution team and hired Josh Rubinger as senior vice president, head...
