Bridgeview Launches $27 Million Student Housing DST Offering
August 6, 2024
Bridgeview Real Estate, a Delaware statutory trust sponsor company and developer, has begun marketing a $27.2 million DST offering comprised...
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
LRT Company Fully Subscribes Florida Land-Based DST Offering
August 5, 2024
LRT Company, an opportunistic development firm and new sponsor of Section 1031 investment offerings, announced that it has fully subscribed...
Two Former Osaic Firms With $1 Billion in Combined Assets Join LPL Financial
August 5, 2024
Independent broker-dealer LPL Financial added two new financial adviser teams with approximately $1 billion in combined assets. Both teams joined...
Cerulli: Partnerships Between Alts Providers and Asset Managers Are Increasing
August 5, 2024
Cerulli Associates, an international research and consulting firm, recently published The Cerulli Report—U.S. Alternative Investments 2024, which examines the overall...
Bonaventure Multifamily Income Trust Provides Portfolio Update, Year-to-Date NOI Up 3.1%
August 5, 2024
Alternative asset manager Bonaventure announced that the Bonaventure Multifamily Income Trust – a perpetual life multifamily investment fund – had,...
Real Estate Company Greenwood Star Holdings Enters Retail Capital Markets
August 5, 2024
Greenwood Star Holdings LLC, a vertically integrated real estate company specializing in the acquisition, management, and disposition of multifamily properties...
Long-standing SD Credit Union With $3.4 Billion to Grow Its Retail Program Via Cetera
August 2, 2024
California Coast Credit Union is partnering with Cetera Financial Institutions – a community within Cetera Investment Services – in the...
Kestra’s Bluespring Wealth Partners Acquires $1.35 Billion Pennsylvania Firm
August 2, 2024
Bluespring Wealth Partners announced its acquisition of Rodgers & Associates Wealth Advisers, a wealth management firm specializing in retirement planning...
CAIA Partners With Toigo Foundation to Accelerate Diversity in Alts Industry
August 2, 2024
The Chartered Alternative Investment Analyst Association, or CAIA Association, announced a strategic partnership with the Toigo Foundation, a nonprofit organization...
FINRA Fines Pershing $1.4 Million for Inaccurate Interest Rate Reporting
August 2, 2024
Pershing LLC, an American clearing house and subsidiary of The Bank of New York, has agreed to pay a fine...
Carter Exchange Fully Subscribes Nearly $50 Million Maryland DST Offering
August 1, 2024
Real estate company Carter Exchange Fund Management Company LLC has fully subscribed and closed its $48.8 million Delaware statutory trust...
Ex-Northwestern Mutual Advisers With $300 Million in Assets Join Commonwealth
August 1, 2024
Commonwealth Financial Network announced that Sentinel Advisory Group of Middleton, Wis., has joined its network of independent financial advisers. Formerly...
Madison Capital Group Secures $47 Million Construction Loan for Florida Multifamily Development
August 1, 2024
Madison Capital Group has secured a $47 million construction loan from Peachtree Group for Madison Bradenton, a 240-unit multifamily development...
SEC Charges Founder of BitClout Crypto With Asset Securities Fraud
August 1, 2024
The U.S. Securities and Exchange Commission charged Nader Al-Naji with perpetrating a multimillion-dollar fraudulent crypto asset scheme involving a social...
Stanger Reiterates Overweight Rating of JLL Income Property Trust
July 31, 2024
Robert A. Stanger & Co., Inc. has issued an updated research report on JLL Income Property Trust Inc., a daily...
BREIT Anticipates 4% Increase in Same Property NOI at the Midpoint of 2024
July 31, 2024
Blackstone Real Estate Income Trust Inc. – a publicly registered non-traded real estate investment trust – had an aggregate net...
Blue Owl BDCs Report the Closing of Multiple Senior Credit Facilities
July 31, 2024
A pair of non-listed business development companies sponsored by Blue Owl Capital Inc. – Blue Owl Credit Income Corp. and...
MacKenzie Realty Capital Initiates Tender Offer for Starwood REIT
July 30, 2024
MacKenzie Realty Capital Inc., a publicly registered non-traded real estate investment trust, has launched a tender offer to purchase up...
