Opportunity Zone Fundraising Continues Decline
Fundraising for securitized opportunity zone fund offerings tracked by investment bank Robert A. Stanger & Co. totaled $76.4 million through the first two months...
Lightstone Value Plus REIT III Inc. Resumes Distributions and Declares NAV
Lightstone Value Plus REIT III Inc., a publicly registered non-traded real estate investment trust, announced a resumption of distributions and declared its annual net...
SEC Charges Investment Adviser After Millions Were Lost in Alternative Investment Deals
The Securities and Exchange Commission today announced settled charges against Sapere Wealth Management LLC, a Matthews, North Carolina-based investment adviser, and its principal, Scott...
Former Edward Jones Advisor Joins LPL Financial
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisor Kemp Cunningham has joined LPL Financial’s broker-dealer, RIA and custodial platforms and...
Resource Royalty Closes Latest Energy-Based Offering
Resource Royalty LLC, a Dallas-based oil and gas royalty portfolio manager, has announced the closing of its 19th portfolio, Resource Royalty XVIII LLC.
The approximately...
DST Fundraising Off to Slow Start in 2023
Fundraising for Delaware statutory trust offerings, typically used to facilitate securitized 1031 exchanges, totaled just over $1.0 billion through February 2023, according to data...
Walton Global Launches Fund to Support Single Family Home Development
Walton Global, a real estate investment firm and sponsor of private placement offerings, announced the launch of a private placement fund for accredited investors,...
FINRA Censures and Fines Newbridge Securities for Lax Due Diligence
The Financial Industry Regulatory Authority has censured and fined Newbridge Securities Corporation $50,000 for failing to “reasonable supervise representative’s recommendations of an alternative mutual...
SEC Charges Broker with Defrauding Investor of Millions
The Securities and Exchange Commission charged former broker Surage Kamal Roshan Perera and his firm, Janues Capital Incorporated, with defrauding at least one investor...
Owl Rock Core Income Group Announces Special Distribution
Owl Rock Core Income Corp., a non-traded business development company, declared a special distribution of $0.02 per share, payable around May 31, 2023, to...
CIM REIT Completes $779 Sale of 151 Net Lease Properties to Realty Income Corp.
CIM Real Estate Finance Trust Inc., a publicly registered non-traded real estate investment trust, completed the sale of 151 single-tenant net lease properties for...
SEC Obtains Final Judgement Against Former LPL Advisor Who Defrauded Clients of $2.9 Million
The U.S. District Court for the District of Massachusetts entered a final judgment against Massachusetts-based investment adviser James K. Couture in connection with the...
Invesco REIT Monthly NAV Per Share Continues to Decline in February
Invesco Real Estate Income Trust Inc., a publicly registered non-traded real estate investment trust, declared a portfolio update and monthly net asset value per...
IGRE Adds East Coast Divisional Sales Manager
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,...
Red Oak Provides $8.3 Million Bridge Loan for Chicago Property
Red Oak Capital Holdings, a commercial real estate finance company and Regulation A+ sponsor, has provided an $8.3 million bridge loan for Prairie Stone...
Non-Traded REIT Redemptions Exceed 350% of Fundraising in February
Fundraising among non-traded real estate investment trusts in February 2023 sunk to just $489 million, a low not seen since August 2020, while reported...
Robert Kaplan Joins Red Oak as Chief Legal Officer and Executive Vice President
Red Oak Capital Holdings, a commercial real estate finance company and Regulation A+ sponsor, and its affiliate, Oak Real Estate Partners, have added Robert...
CNL Strategic Capital Acquires TacMed Solutions
CNL Strategic Capital LLC, a publicly registered non-traded limited liability company, acquired a majority equity stake and made a concurrent debt investment in TacMed...
