Blackstone REIT Reports 1.8% Return During Second Quarter
Blackstone Real Estate Income Trust Inc., a publicly registered non-traded REIT sponsored by private equity giant The Blackstone Group (NYSE: BX), provide an stockholder...
Capital Square Launches LLC Offering to Fund Development of Phoenix Single-Family Build-For-Rent Community
Capital Square a sponsor of tax-advantaged real estate investments, announced the launch of Capital Square Glendale BFR, LLC.
The limited liability company offering has been...
FINRA Censures and Fines Concorde Investment Services Over Improper Private Placement Sales
The Financial Industry Regulatory Authority has censured and fined Concorde Investment Services LLC, a FINRA member since August 2010.
The firm, which is headquartered in...
Sponsored: Pricing Strategies for Retail Oriented Interval Funds
In an increasingly competitive capital raising environment, asset managers need to differentiate themselves by developing investment strategies that add true value returns to investor...
DST Fundraising on Track to Raise $5 Billion in 2023
Fundraising for Delaware statutory trust offerings, typically used to facilitate securitized 1031 exchanges, totaled just over $2.5 billion for the year through June 2023,...
ExchangeRight Fully Subscribes $98.3 Million DST Offering
ExchangeRight, a sponsor of diversified real estate DST and REIT investments, has announced that it has fully subscribed its Net-Leased Portfolio 59 DST.
The $98.3...
SEC Charges Florida Man with Operating $35 Million Ponzi Scheme that Targeted Church Members
The Securities and Exchange Commission charged Brent Seaman of Naples, Florida and various entities he managed with fraudulently raising approximately $35 million from at...
Walton Global Acquires 124 Acres in North Carolina
Walton Global, a real estate investment and land asset management company, announced its new land acquisition of 124 acres in Gastonia, North Carolina.
Known as...
FINRA Censures and Fines LPL Financial $3 Million
The Financial Industry Regulatory Authority has censured and fined LPL Financial LLC for failing to properly supervise two reps who allegedly transmitting customer funds...
RREEF Property Trust Third Quarter Redemptions Already Exceed Quarterly Limit
RREEF Property Trust Inc., a publicly registered daily net asset value real estate investment trust advised by DWS Group, announced that redemption requests exceeded...
iCapital Launches Alts Portfolio Construction Tool for Advisors
iCapital, the fintech platform focused on alternative investments, announced iCapital Architect, a portfolio construction tool that supports financial advisors to build robust, personalized client...
Cove Capital Fully Subscribes $21.6 Million DST Offering
Cove Capital Investments LLC, a private equity real estate firm and Delaware statutory trust sponsor, announced its Cove Parkdale Commons Opportunity 62 DST, a...
Former Merrill Lynch Advisors with $425 Million in Assets Joins LPL Financial
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisors Terri L. Conger, Joseph Blackner, Jace Kasteler, and Trevor Lubereski have joined...
Non-Traded REIT Fundraising Rebounds to $597 Million in June, BDCs Raise $1.3 Billion
Non-traded REIT fundraising rebounded 39% to $597 million in June, as compared to the 2023 monthly low of $428 million in May, according to...
KBS REIT Loses Portland Office Tower to Foreclosure
KBS Growth & Income REIT Inc., a publicly registered non-traded real estate investment trust, reported that the Commonwealth Building, an iconic office tower located...
LPL to Acquire Crown Capital Securities
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that the firm has entered into a definitive purchase agreement to acquire the wealth management...
Griffin Capital Names Managing Director of Asset Management
Griffin Capital Company, a private real estate investment manager that sponsors opportunity zone funds and other private placements, announced the appointment of David Greenberg...
BREIT Sells Simply Self Storage for $2.2 Billion
Blackstone Real Estate Income Trust Inc., a publicly registered non-traded REIT sponsored by private equity giant The Blackstone Group (NYSE: BX), announced an agreement...
Non-Listed REITs Return to Growth During Second Quarter 2023
According to the latest report by investment bank Robert A. Stanger & Co., non-listed net asset value real estate investment trusts and lifecycle REITs...
Apollo Debt Solutions BDC Reports 1% Increase to NAV Per Share
Apollo Debt Solutions BDC, a non-traded perpetual-life business development company sponsored by affiliates of Apollo Global Management, has announced its monthly net asset value...