Home 2022 September

Monthly Archives: September 2022

image_pdf

FINRA’s National Adjudicatory Council Revises Sanction Guidelines

The Financial Industry Regulatory Authority announced that the National Adjudicatory Council has updated the organization’s sanction guidelines to, among other things, increase the lower...

Owl Rock Core Income Corp. Declares Special Distribution to Stockholders

Owl Rock Core Income Corp., a non-traded business development company, has declared a special distribution to stockholders and declared a net asset value per...

FINRA Permanently Bars Morgan Stanley Broker

The Financial Industry Regulatory Authority has permanently barred Doug M. McKelvey from the securities industry for refusing to provide information and documents requested by...

A new golden age for fast food?

When it comes to American culture, one area that many people may think of is fast food. According to research conducted by the National...

SEC’s Electronic Messaging Sweep is a Warning Shot for Broker-Dealers and Investment Advisors

By ordering more than $1.1 billion in penalties against the world’s largest banks and brokerages based on admissions of willful violative conduct, the Securities...

EP Wealth Advisors Expands to East Coast with Acquisition of $1.1 Billion RIA

EP Wealth Advisors LLC, an independent registered investment adviser, has acquired Massachusetts-based Minot Wealth Management LLC, a fee-only RIA with approximately $1.1 billion in...

Cantor Fitzgerald Income Trust Updates Net Asset Value Per Share

Cantor Fitzgerald Income Trust Inc., a publicly registered non-traded real estate investment trust formerly known as Rodin Global Property Trust, has declared estimated net...

IGRE Acquires Coterra Energy Facility

Investment Grade R.E. Income Fund, LP, a $100 million Regulation A+ fund that owns and operates a portfolio of single-tenant, triple net leased medical,...

Lodging Fund REIT Receives Wells Notice

Lodging Fund REIT III Inc., a publicly registered non-traded real estate investment trust, disclosed that the Securities and Exchange Commission issued a Wells notice...

Cottonwood Completes Merger with Reg A+ REIT Affiliate

Cottonwood Communities Inc., a publicly registered non-traded real estate investment trust focused on multifamily real estate investments, merged with Cottonwood Multifamily Opportunity Fund Inc.,...

SEC Bars Former Ameriprise Financial Investment Advisor

The Securities and Exchange Commission has barred Arthur S. Hoffman, a former investment adviser representative of Ameriprise Financial Services. Hoffman began his career at Morgan...

LPL Financial Adds Former Altruist Executive to Management Team

LPL Financial LLC, the nation’s largest independent broker-dealer, announced that Pete Dorsey has joined the firm as executive vice president of institution services. Dorsey...

Blackstone REIT Updates Monthly NAV Per Share and Total Return

Blackstone Real Estate Income Trust, a publicly registered non-traded REIT sponsored by private equity giant The Blackstone Group (NYSE: BX), updated the monthly net...

Vero Wealth Management Joins Linsco by LPL Financial

LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisors Benjamin Link and Steve Sexton have joined LPL’s employee advisor model, Linsco...

Sponsored: Advantages of Betting on Single Family Build-to-Rent

The last ten years have been a true golden era for multifamily investing. Operating fundamentals have performed exceptionally well, driven by demographic tailwinds and...

Caliber Selected for a Hilton Development Award

Hilton (NYSE: HLT) has selected Caliber, a sponsor of non-traded alternative investments, as one of 53 recipients of the company’s 2021 Americas Development Awards,...

Sales of Non-Traded Alts Continue Record-Setting Pace

Fundraising for non-traded alternative investments totaled $77.1 billion year-to-date through August 2022, a 56% increase over the same period of 2021, according to Robert...

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...

Apollo Debt Solutions BDC Updates Monthly NAV Per Share

Apollo Debt Solutions BDC, a non-traded perpetual-life business development company sponsored by affiliates of Apollo Global Management, has declared its monthly net asset value...

Red Oak Capital Fund V Fully Subscribed

Red Oak Capital Holdings, a commercial real estate finance company and Regulation A+ sponsor, today announced that Red Oak Capital Fund V, LLC has been...