Home 2021 July

Monthly Archives: July 2021

CION Interval Fund Reports Highest Quarterly Capital Raise

CION Ares Diversified Credit Fund, a credit interval fund, has reported its highest quarterly capital raise since inception during the second quarter of 2021. As...

SEC Fines Dozens of Financial Firms for Missing Form CRS Filing Deadlines

The Securities and Exchange Commission has charged and fined 21 registered investment advisers and six broker-dealers for failing to “timely” file and deliver their...

Urban Catalyst Submits Permits for Mixed-Use Property in San Jose Opportunity Zone

Urban Catalyst, an opportunity zone fund sponsor that focuses on ground-up development projects in downtown San Jose, has submitted its site development permit and...

Steadfast Apartment REIT to Merge with Listed Multifamily REIT

Steadfast Apartment REIT Inc., a publicly registered non-traded real estate investment trust, has agreed to merge with publicly traded REIT, Independence Realty Trust Inc....

Benefit Street Partners Realty Trust to Merge with Publicly Traded REIT

Benefit Street Partners Realty Trust Inc., a publicly registered non-traded real estate investment trust focused on commercial mortgage loans, plans to merge with Capstead...

Guest Contributor: Private Equity Can Fill the Oil & Gas investment Gap

By: Thomas J. Powell, Senior Managing Partner, Resolute Capital Partners During his campaign, Joe Biden promised to make the climate a central focus of his...

Wells Fargo Asset Management Rebrands and Names New CEO

Wells Fargo Asset Management, an asset management firm with $604 billion in assets under management, will soon rebrand as Allspring Global Investments. As reported by...

Non-Traded REITs Now on Pace to Raise $30 Billion in 2021 After Record-Breaking June

Sales of non-traded real estate investment trusts broke another all-time monthly record in June after raising $3.5 billion, according to Robert A. Stanger and...

Sila Realty Trust Sells 29 Data Centers for $1.3 Billion, Declares NAV and Special...

Sila Realty Trust Inc., a publicly registered, non-traded real estate investment trust formerly known as Carter Validus Mission Critical REIT II, has sold a...

ARCTRUST Hires Two Vice Presidents of Institutional Equity Capital

ARCTRUST Properties Inc., a sponsor of non-traded alternative investment offerings, has hired two vice presidents of institutional equity capital, Daniel Gormont, Sr. and Chris...