SEC Charges Former Adviser with Stealing $1 Million from Three Elderly Clients
The Securities and Exchange Commission has charged former investment adviser Naseem Mohammed Salamah with fraud after he allegedly stole at least $968,600 from three...
GTIS Opportunity Zone JV to Develop Charlotte Multifamily Property
GTIS Partners, a real estate investment firm that manages in excess of $4 billion in assets, has formed a joint venture with multifamily developer...
Sierra Income Corporation Suspends Distribution Reinvestment Plan
Sierra Income Corporation, a non-traded business development company, has suspended its distribution reinvestment plan in connection with the proposed merger with Barings BDC Inc....
Advisor Group’s SagePoint Recruits Three Hybrids
SagePoint Financial, a wealth management firm within the Advisor Group network, has recruited three hybrid practices that collectively oversee $498 million in client assets....
Blackstone’s BDC Declares Monthly NAV Per Share
Blackstone Private Credit Fund, a non-traded business development company sponsored by private equity giant Blackstone (NYSE: BX), has declared its monthly net asset value...
Vinebrook Homes Trust Names Interim President
The board of Vinebrook Homes Trust Inc., a private real estate investment trust managed by an affiliate of NexPoint Real Estate Advisors, has appointed...
JVM Realty Buys Multifamily Property Near Indianapolis
JVM Realty Corp., a multifamily real estate investment firm and sponsor of private placement offerings, has purchased The Mark at Fishers District, a 260-unit...
Capital Square Expands Development Team with Senior Hire
Capital Square, a national investment sponsor specializing in tax-advantaged real estate, has appointed Natalie Martirosian Mason senior vice president of development.
Mason brings 13 years...
Phillips Edison & Company Increases Monthly Distribution
Phillips Edison & Company Inc. (Nasdaq: PECO), a former non-traded real estate investment trust that recently listed on the Nasdaq, has approved a $0.09...
Blackstone REIT to Buy The Cosmopolitan of Las Vegas
Blackstone Real Estate Partners VII L.P., a real estate fund sponsored by Blackstone (NYSE: BX), has agreed to sell The Cosmopolitan of Las Vegas...
