LPL Financial Launches ‘Centralized’ Alts Investment Platform
February 20, 2025
Wealth management industry behemoth LPL Financial LLC announced the launch of LPL Alts Connect, a full-service platform designed to streamline...
Mari Nicholson
Mari Nicholson is the managing editor of The DI Wire. She reports on alternative investments for retail investors that are distributed via broker-dealers and registered investment advisers, as well as topics that affect these investors, financial advisers, and sponsors. Alternative investment funds covered by The DI Wire include real estate investment trusts, business development companies, interval funds, closed-end funds, Delaware statutory trusts, utilized for tax-advantaged 1031 exchanges, qualified opportunity zone funds, as well as other unlisted publicly registered offerings and private placement investments.
Articles
SEC Announces Cyber and Emerging Technologies Unit to Protect Retail Investors
February 20, 2025
The U.S. Securities and Exchange Commission announced the creation of the Cyber and Emerging Technologies Unit, or CETU, to focus...
Origin Exchange Acquires Nashville Multifamily Asset for Latest $44.5M DST Offering
February 20, 2025
Multifamily investment sponsor Origin Investments has completed its second acquisition as part of its Origin Exchange Delaware statutory trust investment...
Final Judgments Issued Against Recidivist, Companies in Fraud Scheme
February 20, 2025
On Dec. 23, 2024, the U.S. District Court for the Central District of California entered final consent judgments against Christopher...
Inland Acquires New Jersey Multifamily Property for $131.5 Million
February 19, 2025
Inland Real Estate Acquisitions LLC, the purchasing arm for various Inland-sponsored programs including Delaware statutory trusts, has negotiated and closed...
Aphorio Carter Purchases Pair of Kentucky Data Centers for $35 Million
February 19, 2025
Aphorio Carter Critical Infrastructure Fund LLC, a 506(c) private placement offering specializing in critical infrastructure and data center investments, announced...
U.S. Energy Completes Corporate Refinancing With $165M Loan Led by Citibank
February 19, 2025
U.S. Energy Development Corporation, a sponsor of energy-related investment programs, announced the closing of a new $165 million syndicated revolving credit facility...
FINRA Accuses Broker of Misusing Corporate Credit Card for Personal Expenses
February 19, 2025
The Financial Industry Regulatory Authority has taken disciplinary action against a former Columbia Management Investment Distributors broker for allegedly using...
JPMorgan Chase Prepares to Launch Its First Interval Fund
February 18, 2025
JPMorgan Chase filed a preliminary prospectus with the U.S. Securities and Exchange Commission for what would be the firm’s first...
Thompson Thrift to Develop 255-Unit Multifamily Community Near Denver
February 18, 2025
Thompson Thrift, a full-service national real estate company, announced that it will develop Stack at Wheat Ridge – a 255-unit...
Montego Minerals Fully Subscribes 23rd Portfolio, a $17M Permian Basin Offering
February 18, 2025
Montego Minerals, an investor in oil and gas royalties and mineral rights, has announced the full subscription of its 23rd...
Filing Fees to Start July 1 for Private Placements Seeking to Raise More Than $25M
February 17, 2025
The Financial Industry Regulatory Authority announced the implementation of new private placement filing fees for placements over $25 million, starting...
Strategic Realty Trust Completes Final Sale of Assets, Continues With Plan to Liquidate
February 17, 2025
Strategic Realty Trust Inc., a publicly registered non-traded real estate investment trust, completed the sale of all its remaining operating...
Walton Global Launches $2.77M North Carolina Growth 2 DST Offering
February 17, 2025
Walton Global, a real estate investment and land asset management company and sponsor of private placement investments, launched North Carolina...
SEC Charges One Oak Capital and Rep With Breaching Fiduciary Duties
February 17, 2025
The U.S. Securities and Exchange Commission has charged One Oak Capital Management, a New York-based registered investment adviser, and one...
U.S. Department of Labor Seeks Pause in Fiduciary Rule Appeals
February 13, 2025
Earlier this week under the Trump administration, the U.S. Department of Labor paused its appeals of court rulings that suspended...
Succession Plans Loom Large in Adviser Practices, Says Latest Cerulli Report
February 13, 2025
Cerulli Associates, an international research and consulting firm, recently published the latest Cerulli Edge—U.S. Advisor Edition, which analyzes the trends...
Ashford Closes $580M Loan Secured By 16 Hotels, ‘Eliminates All Corporate-Level Debt’
February 13, 2025
Ashford Hospitality Trust Inc. (NYSE: AHT), a sponsor of two non-listed preferred stock offerings, closed on $580 million refinancing secured...
Financial Services Vet Joins DealPoint Merrill as Chief Risk Officer
February 13, 2025
Southern Calif.-based DealPoint Merrill announced the appointment of James A. "Jim" Kamradt as chief risk officer. In the role, Kamradt...
SmartStop Self Storage REIT Reinstates Distribution Reinvestment Plan
February 12, 2025
The board of directors for SmartStop Self Storage REIT Inc. – a self-managed and non-traded real estate investment trust focused...
