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SEC Fines Audit Firm KPMG $50 Million for “Astounding” Misconduct

The Securities and Exchange Commission has charged audit firm KPMG LLP with altering past audit work after receiving stolen information about inspections of the...

JLL Income Property Trust Buys Dallas Industrial Distribution Center

JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), has purchased a Class A industrial distribution center totaling...

Inland’s New Private Equity Platform Partners with Manufactured Housing Firm

Inland Venture Partners LLC, a sponsor of private equity real estate investments, has partnered with Gemstone Communities, an owner and manager of manufactured housing...

Hospitality Investors Trust Secures $1 Billion in Loans

Hospitality Investors Trust Inc., a publicly registered non-traded REIT formerly known as American Realty Capital Hospitality Trust, has entered into new mortgage and mezzanine...

The Parking REIT Appoints J. Kevin Bland as Chief Financial Officer

The Parking REIT, Inc., a non-traded REIT formed by the merger of MVP REIT and MVP REIT II, announced that its board of directors...