Greenbacker Suspends Share Repurchase Program
Greenbacker Renewable Energy Company LLC, a climate-focused investment manager and independent power producer, announced that on Sept. 23, 2023, their board of directors approved...
Griffin Capital Breaks Ground on Multifamily Development in Arizona Opportunity Zone
Griffin Capital Company LLC, a private real estate investment manager and sponsor of opportunity zone funds, together with their joint venture partner Mill Creek...
Legendary Capital Adds Familiar Face to Lead Western Sales Efforts
Legendary Capital LLC, a sponsor and manager of alternative investment programs including non-traded REITs Lodging Opportunity REIT and Lodging Fund REIT III, announced the...
SEC Charges Investment Adviser and Affiliates with Real Estate Fund Fraud
The SEC brought charges against defendants Charles Tralka, Thomas Braegelmann, Matthew Sullivan, Jordan Goodman, investment adviser Good Steward Capital Management Inc. and its owner...
Interval Funds Lead Alternative Investment Fundraising Through August
Alternative Investment fundraising totaled $44.3 billion year-to-date through August, led by interval funds at $12.1 billion, private placements at $11.3 billion, non-traded business development...
Capital Square Names Megan Bosch to Lead Mid-Atlantic Sales
Capital Square, a sponsor of tax-advantaged real estate investments and developer of multifamily communities, announced that industry veteran Megan Bosch has joined the firm...
SEC Fines RIA $18 Million for Failing to Disclose Cash Sweep Conflicts
The Securities and Exchange Commission announced that Concord, California-based registered investment adviser AssetMark Inc. has agreed to pay more than $18 million to settle...
Inland Venture Partners Acquires Arizona RV Resort
Inland Venture Partners LLC, the private equity real estate arm of Inland Real Estate Investment Corporation, announced that MH Ventures Fund II Inc. acquired...
Nuveen Global Cities Monthly NAV Per Share Decreases in August
Nuveen Global Cities REIT Inc., a publicly registered non-traded real estate investment trust, has declared a monthly net asset value per share for its...
SEC Charges “Cash Flow King” Podcaster with Perpetrating $11 Million Ponzi Scheme
The Securities and Exchange Commission charged Matthew Motil, host of the podcast, “The Cash Flow King,” for fraudulently raising approximately $11 million from more...
Cantor and Silverstein Opportunity Zone Partnership Begin Construction on Virginia Development
Cantor Fitzgerald L.P. and Silverstein Properties, joint venture partners in a series of qualified opportunity zone funds, announced that they have entered into a...
ARCTRUST Launches DST Offering for Ohio Property
ARCTRUST Inc., a sponsor of non-traded real estate alternative investment offerings, announced the launch of ARCTRUST Industrial Delaware statutory trust, a Regulation D private...
Invesco REIT Monthly NAV Per Share Drops 1.1% In August
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...
Comrit Launches Tender Offer for Shares of CIM REIT
Comrit Investments 1 LP, a Tel Aviv-based investment fund, has made a filing with the SEC to launch an unsolicited tender offer to purchase...
SEC Collects Wall Street’s Private Messages as WhatsApp Probe Escalates
The Securities and Exchange Commission has collected thousands of staff messages from more than a dozen major investment companies, escalating its probe into Wall...
Capital Square Completes Lease-Up of Virginia OZ Development, Pays Special Distribution to Investors
Capital Square, a sponsor of tax-advantaged real estate investments and developer of multifamily communities, announced the completion of initial lease-up and stabilization of “GEM,”...
SEC Fines Boston RIA $1 Million in Ongoing Marketing Rule Crackdown
The Securities and Exchange Commission has fined Wellesley Asset Management, an RIA based in a suburb of Boston, in its ongoing crackdown on marketing...
Eagle Point Institutional Income Fund Joins Fidelity Alternative Investment Network Platform
Eagle Point Institutional Income Fund, a non-traded closed-end interval fund managed by Eagle Point Credit Management LLC, announced that the fund is now available...
FS Credit REIT Reports Slightly Lower Monthly NAV Per Share
FS Credit Real Estate Income Trust Inc., a monthly net asset value REIT sponsored by FS Investments, has declared a monthly estimated net asset...
SEC Charges Five Individuals for $15 Million Ponzi Scheme
The Securities and Exchange Commission announced charges against Mexico-based company Aras Investment Business Group S.A.P.I. de C.V., its CEO Armando Gutierrez Rosas, and four...
