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Monthly Archives: May 2022

Capital Square Achieves Lease Up of First Opportunity Zone Development

Capital Square, a sponsor of tax-advantaged real estate investments and property developer, achieved lease up on the 80-unit INK in Richmond, Virginia. The property,...

Sila Realty Trust Terminates Chief Accounting Officer

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

Inspired Healthcare Announces New Capital Markets Hire and Internal Promotion

Inspired Healthcare Capital LLC, a private equity firm specializing in senior housing investments, hired industry veteran Rick Martens to the position of senior vice...

PTM Partners and DoveHill Secure Construction Loan for Florida Opportunity Zone Project

PTM Partners, a real estate investment and development firm, and DoveHill Capital Management, a vertically integrated hospitality real estate developer, obtained $42 million in...

Shopoff Joint Venture Sells Leasehold Interest in Santa Barbara County Office Building

Shopoff Realty Investments, a manager of opportunistic and value-add real estate investments, along with partners Praelium Commercial Real Estate and Blackbird Investment Group, sold...

iCapital Inks Deal to Buy SIMON Markets

iCapital, a global fintech platform focused on alternative investments, has agreed to acquire SIMON Markets. SIMON is an advisor platform for structured investments, annuities,...

SEC Charges EIA All Weather Alpha Fund with Fraud

The Securities and Exchange Commission has charged Detroit-based EIA All Weather Alpha Fund I Partners LLC (EIA) and its sole owner, Andrew M. Middlebrooks...

Red Oak Hires New Chief Financial Officer

Red Oak Capital Holdings, commercial real estate finance company and Regulation A+ sponsor, has named Thomas A. McGovern as chief financial officer. McGovern is...

SEC Proposes Enhancing Investment Company Act “Names Rule”

The Securities and Exchange Commission has proposed amendments to enhance and modernize the Investment Company Act “Names Rule.” The proposal is in place to...

Mill Green Partners Sells Winter Garde, Florida Multifamily Development

Mill Green Opportunity Fund V LLC, sponsored by Mill Green Partners, sold Vintage Horizon West, a 340-unit, Class A multifamily development project in Winter...

Inland Private Capital Partners with Core Spaces to Target Student Housing Opportunities

Inland Private Capital Corporation, a privately held alternative investment management firm, has formed a strategic joint venture partnership with Core Spaces, a residential real...

Bourne Financial Group Announces Changes to Capital Markets Team

Bourne Financial Group LLC, a sponsor of alternative investment offerings, has announced several changes to its capital markets team. Jade Miller has been appointed president,...

Second Proxy Firm Recommends Addition of Dissident Director to AR Global’s New York City...

Glass, Lewis & Co. LLC, an independent proxy advisory firm, recommended that New York City REIT (NYSE: NYC) stockholders vote to elect Sharon Stern,...

Baker Tilly Hires Seasoned Asset Management Executive

Baker Tilly US LLP, a leading advisory CPA firm and sponsor of tax-advantaged real estate investments, has added Jaime Avery to its real estate...

Invesco REIT and Skylight Real Estate Purchase New Jersey Multifamily Property

Invesco Real Estate Income Trust Inc., a publicly registered, non-traded real estate investment trust, acquired a majority interest in Everly Roseland, a 360-unit multifamily...

Greenbacker Renewable Energy Company Internalizes Management

Greenbacker Renewable Energy Company (GREC), a publicly registered, non-traded limited liability company, completed the acquisition of the businesses, assets, intellectual property, and employees of...

Capital Square Launches $300 Million Multifamily Development Fund I

Capital Square, an investment sponsor specializing in tax-advantaged real estate investments, has launched Capital Square Multifamily Development Fund I LP. The fund anticipates raising...

It’s Like Déjà Vu All Over Again – Biden’s Recycled Attack on 1031 Exchanges

During his successful 2020 presidential campaign, then-candidate Joseph Biden proposed the elimination of 1031 like-kind exchanges for high-earning real estate investors. Once in the...

Gentry Mills Readies to Close $50 Million “After COVID” Fund

Gentry Mills Capital, an Irving, Texas-based real estate investment firm and sponsor of non-traded direct investment offerings, is preparing to close its Gentry Mills...

JVM Buys Eighth Kansas Multifamily Property

JVM Realty Corp., a multifamily real estate investment and property management firm, has purchased The Vue, a 219-unit multifamily property in Overland Park, Kansas,...