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Monthly Archives: August 2022

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Hines Global Income Trust Buys Luxury Multifamily Property in Miami for $430 Million

Hines Global Income Trust Inc., a publicly registered non-traded real estate investment trust, has purchased Gables Station, a 14-story, 1.2-million-square-foot mixed-use multifamily property located...

Blackstone Private Credit Fund Appoints Interim CFO

The board of Blackstone Private Credit Fund, a non-traded business development company sponsored by private equity giant Blackstone (NYSE: BX), has appointed Kevin Kresge...

HPS Corporate Lending Fund Posts Monthly NAV Per Share

HPS Corporate Lending Fund, a perpetual-life non-traded business development company sponsored by HPS Investment Partners, has declared its net asset value per share for...

Legendary Capital Acquires Interest in Hilton Garden Inn El Paso University

Legendary Capital has sponsored the acquisition of an interest in a partnership that owns the 153-room Hilton Garden Inn El Paso University. Through the...

Advisor Group’s SagePoint Financial Recruits Team with $203 Million in Client Assets

SagePoint Financial, an independent wealth management firm within the Advisor Group network, has added Brian Falconer and his team of 16 registered representatives to...

Griffin Realty Trust Sells $1.13 Billion Office Portfolio

Griffin Realty Trust Inc., a publicly registered non-traded real estate investment trust formerly known as Griffin Capital Essential Asset REIT, has sold a majority...

Griffin Capital Qualified OZ Fund II Breaks Ground on Maryland Multifamily Property

Griffin Capital Qualified Opportunity Zone Fund II L.P. and its partners Transwestern Development Company and Perseus TDC have reported that construction has started on...

Triton Pacific Securities Expands RIA Capital Markets Team with New SVP Hire

Triton Pacific Securities, the dealer manager of private equity firm Triton Pacific Capital Partners, has recently expanded its registered investment advisor capital markets team,...

Shopoff Realty Investments Buys 12 Additional Acres of Southern California Mall for $49 Million

Shopoff Realty Investments, a manager of opportunistic and value-add real estate investments, has purchased an 11.9-acre parcel of Westminster Mall in Westminster, California, which...

Capital Square OZ Fund Issues Special Investor Distribution

Capital Square, a sponsor of tax-advantaged real estate investments, reported that their first development project, an 80-unit Class A multifamily property in Richmond, Virginia...

Bluerock Residential Growth REIT Reports Closing Date of Blackstone Acquisition and Spin-Off

Bluerock Residential Growth REIT Inc. (NYSE: BRG), a publicly traded real estate investment trust, expects to complete its proposed acquisition by Blackstone Real Estate,...

SEC Amends Whistleblower Rules to Incentivize Tips

The Securities and Exchange Commission has amended the rules governing its whistleblower program, which was established in 2010 under the Dodd-Frank Act.The first rule...

Cove Capital Appoints Vice President of Multifamily Acquisitions

Cove Capital Investments LLC., a private equity real estate firm specializing in debt-free Delaware statutory trusts and other investment offerings, has hired Carlos Valdivia...

Walton Global Sells 681 Acres in Austin-San Antonio Corridor

Walton Global, a real estate investment firm and sponsor of private placement offerings, has closed on a bulk sale of 681 acres in San...

Blackstone BDC Declares Net Asset Value 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...

FINRA Fines Broker-Dealer over GPB Fund Sales

The Financial Industry Regulatory Authority has fined broker-dealer, Capital Investment Group Inc., $50,000 over sales of GPB Automotive Portfolio LP and GPB Holdings II...

ExchangeRight Takes 17-Property DST Offering Full-Cycle

ExchangeRight, a sponsor of securitized 1031 exchanges and other real estate offerings, has taken its Net-Leased Portfolio 18 Delaware statutory trust offering full cycle,...

Cottonwood Communities Declares Net Asset Value Per Share

Cottonwood Communities Inc., a publicly registered non-traded real estate investment trust focused on multifamily real estate investments, has reported its monthly net asset value...

American Healthcare REIT Provides Second Quarter 2022 Financial Update to Investors

American Healthcare REIT Inc., a non-traded real estate investment trust formerly known as Griffin-American Healthcare REIT IV Inc., recently filed its second quarter 2022...

Griffin Capital Adds Another Senior Vice President to Wealth Solutions Team

Griffin Capital Company LLC, an alternative investment manager, has hired Nino Balduzzi to serve as a senior vice president on its wealth solutions team....