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Monthly Archives: October 2021

Blackstone REIT and Kimco to Jointly Own Six Sunbelt Shopping Centers

Kimco Realty Corp. (NYSE: KIM), a publicly traded real estate investment trust, has purchased the remaining 70 percent interest in a portfolio of six...

SEC Charges Adviser with Stealing $3 Million to Pay Off Credit Cards, Buy Gold...

The Securities and Exchange Commission has charged Kenneth Welsh, a former New Jersey-based broker and investment adviser representative with stealing nearly $3 million from...

ExchangeRight Affiliate Telos Reports 11% Annual IRR with RV Resort Development

Telos Capital, a private equity real estate investment company and affiliate of alternative investment sponsor ExchangeRight, has brought its TCF2 Stella Mare investment fund...

Greenbacker Buys Pair of Operational Wind Assets in Minnesota

Greenbacker Renewable Energy Company, a publicly registered, non-traded limited liability company, has purchased two operating wind assets in Murray County, Minnesota from PRC Wind...

Department of Labor Delays Fiduciary Rule Enforcement

The Department of Labor has delayed the implementation of its investment advice rule from December 20, 2021 until February 1, 2022. The DOL's prohibited transaction...

JLL Income Property Trust Buys Another Denver-Area Multifamily Property from Inland Private

JLL Income Property Trust, a daily net asset value real estate investment trust, has purchased Miramont Apartments in the Denver suburb of Fort Collins,...

Hartman Income REIT Management Hires Regional Sales Director

Hartman Income REIT Management Inc., a sponsor of publicly registered non-traded real estate investment trusts, has hired Matthew Somers as a regional sales director...

RK Properties Buys South Carolina Multifamily Property for DST Offering

RK Properties, a sponsor of private placements and 1031 exchange offerings, has purchased Trailside Verdae, a newly developed 276-unit multifamily property in Greenville, South...

Inland Private Reports 219% Return with DST Multifamily Portfolio Sale

Inland Private Capital Corporation, a sponsor of 1031 tax deferred exchanges, has sold three multifamily properties for $206.4 million on behalf of one of...

Capital Square 1031 Buys Virginia Multifamily Property for DST Offering

Capital Square 1031, a sponsor of Delaware statutory trust offerings, has purchased a Class A, 339-unit multifamily community in Glen Allen, Virginia, a suburb...