NAV REITs Post Five-Year Cumulative Total Return of 66%
According to a report published by investment banking firm Robert A. Stanger & Co., Inc., non-traded net asset value REITs have posted a cumulative...
Ashford Hires Wholesaler for Southeast Region
Ashford Securities LLC, a distributor of alternative investment offerings, has hired Michael Kerrigan as regional vice president of sales for the Southeast region.
In this...
MacKenzie Realty Capital Sells $46.75 Million Property
MacKenzie Realty Capital Inc., a publicly registered non-traded real estate investment trust, announced the sale of the property owned by Dimensions28 LLP to a...
Montego Minerals Closes 14th O&G Fund
Montego Minerals, an investor in oil and gas royalties and mineral rights, announced the close of its fourteenth portfolio, Iron Oak Minerals LLC.
The $12.1...
1031 Crowdfunding Acquires Two Utah Assisted Living Facilities
1031 Crowdfunding, a tax-advantaged real estate investment platform, acquired two memory care and assisted living facilities for its ninth Delaware statutory trust offering.
The facilities...
Capital Square Launches Eighth Opportunity Zone Fund
Capital Square, a sponsor of tax-advantaged real estate investments, announced the launch of CSRA Opportunity Zone Fund VIII LLC. The project-specific opportunity zone fund...
FINRA Censures Three Advisor Group Firms and Orders Restitution of $515K
The Financial Industry Regulatory Authority has ordered restitution totaling $515,000 be paid to clients of Securities America, Royal Alliance and Sagepoint, three subsidiaries of...
ExchangeRight Reports Investor Returns of 6.67% to 11.25% on 10 Full-Cycle in 2022
ExchangeRight, a sponsor of securitized 1031 exchanges and other real estate offerings, announced it successfully met or exceeded investor cash flow targets across all...
LPL Financial Expands with Two Teams of Financial Advisors
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that two teams of financial advisors who serve a combined $275 million in advisory, brokerage...
JVM Acquires Apartment Community in Chicago
JVM Realty Corp., a multifamily real estate investment and property management firm, announced it has acquired Courthouse Square, a 149-unit Class A apartment community...
University of California Adds Another $500 Million to BREIT Investment
The office of the chief investment officer of the Regents of the University of California and Blackstone (NYSE: BX) announced an expansion of their...
Inland Private Raises $1.45 Billion, Grows AUM to $12.2 Billion in 2022
Inland Private Capital Corporation, a privately held alternative investment management firm and a member of The Inland Real Estate Group of Companies Inc., reported...
JLL Income Property Trust Reports Strong 2022 Despite Economic Headwinds
JLL Income Property Trust, a non-traded daily net asset value real estate investment trust sponsored by international commercial real estate services giant Jones Lang...
Croatan Adds SVP of Portfolio Management
Croatan Investments, a sponsor of Delaware statutory trust offerings and other private placements, announced the addition of Chanell Briggs as senior vice president of...
Unregistered Investment Advisor Uses KPMG as Cover for Fraud Scheme
The Securities and Exchange Commission announced that it filed an emergency action, and obtained an asset freeze, against unregistered investment advisers Jack C. Ridall...
ADISA Announces 2023 Officers
At its first board meeting of the year, the new Alternative & Direct Investment Securities Association board, elected by the membership in late 2022,...
FINRA Fines Former LPL Broker for Impersonating a Client
The Financial Industry Regulatory Authority has suspended and fined Jay W. Eng for allegedly impersonating a client customer and retaining their information without their...
Carter Multifamily Buys 200-Unit Garden-Style Multifamily Property in Georgia
Carter Multifamily, an affiliate of Carter Funds and sponsor of private placement offerings, announced its acquisition of Brighton Park, a 200-unit apartment community on...
Sponsored: Altigo 2022 Year in Review
With lingering economic uncertainty continuing to shake up client portfolios, more and more firms are embracing straight-through processing technology, and choosing Altigo to streamline their...
