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JLL Income Property Trust Buys Apartment Complex Near Phoenix for $72...

JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), has purchased Summit at San Marcos, a newly-developed 273-unit...

Summit to Drop Broker-Dealer Status and Join Another Cetera Firm

Summit Brokerage, an independent broker-dealer within the Cetera Financial Group network, is dropping its broker-dealer status and will join another Cetera firm, Cetera Advisor...

Western Capital CEO Sentenced to 18 Years for Defrauding O&G Investors

Daniel Christopher Walsh, a Galveston oilman was sentenced to 18 years in state prison after reaching a plea agreement in his fraud trial in...

Voya Launches Robo-Advice Platform

Voya Financial Advisors Inc., retail wealth management arm of Voya Financial Inc., has launched a new hybrid digital advice platform for its network of...

JLL Income Property Trust Buys Medical Office Campus in San Diego

JLL Income Property Trust, a daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) has purchased Genesee Plaza, a Class A, two-building medical office campus...

First Capital Real Estate Trust CFO to Resign

First Capital Real Estate Trust, a publicly registered non-traded real estate investment trust, has disclosed to the SEC that chief financial officer Jeffrey Zomback...

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...