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Monthly Archives: June 2022

CFP Board Suspends Broker Accused of Violating Reg BI with Improper GWG Bond Sales

The Certified Financial Planner Board of Standards Inc. has imposed an interim suspension against Patrick Egan, a certified financial planner and broker at Western...

Guest Contributor: A Guide to Understanding Proposed Changes to the QOZ Program

By: Russell Putnam, Co-President of FactRight In 2017, Congress created the qualified opportunity zone (QOZ) program to encourage long-term investment in economically distressed communities by...

Versity Invest Expands Sales Team with New Hire and Promotions

Versity Invest LLC, a real estate investment firm that specializes in student and multifamily housing, has expanded its sales team. Carolyn Sumner was promoted...

Wealth Enhancement Group to Buy $574 Million RIA

Wealth Enhancement Group, an independent wealth management firm, plans to acquire Hawkins Wealth Management, a registered investment adviser with $574 million assets under management...

SmartStop Self Storage REIT Buys Self Storage Facility Near Denver

SmartStop Self Storage REIT Inc., a publicly registered non-traded real estate investment trust, has purchased a self-storage facility in the Denver suburb of Aurora,...

GTIS Partners Launches Second Opportunity Zone Fund

GTIS Partners, a real estate investment firm focused on residential and industrial investments, has reported the launch its second qualified opportunity zone fund, GTIS...

SEC Fines Ernst & Young $100 Million After Auditors Cheat on Ethics Exams, Mislead...

Ernst & Young LLP, one of the largest accounting firms in the world, has been fined $100 million by the Securities and Exchange Commission...

CORE Pacific Advisors Fully Subscribes DST Offering of Oklahoma Multifamily Property

CORE Pacific Advisors, an investment advisory firm and sponsor of 1031 exchange offerings, has fully subscribed Maywood Apartments, a Delaware statutory trust offering comprised...

1031 Crowdfunding Fully Subscribes Senior Housing DST Portfolio

1031 Crowdfunding, a tax advantaged real estate investment platform, has fully subscribed its latest Delaware statutory trust offering, 1031CF Portfolio 2 DST, after raising...

UDF Executives Facing 20 Years in Prison Lose Bid to Remain Free Pending Appeal

Four United Development Funding executives who were recently sentenced to a combined 20 years in federal prison for fraud have lost their bid to...