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Senator Tim Scott Plans Legislation to Amend Opportunity Zone Designations

Senator Tim Scott (R-S.C.) is considering a bill that would let state and local governments amend the census tracts that were designated as opportunity...

ExchangeRight Adds Co-Director of National Accounts to Sales Team

ExchangeRight, a sponsor of securitized 1031-exchangeable real estate investments, has hired Kevin Zwick as co-director of national accounts, where he will help build and...

Phoenix American Hospitality Expands Sales Team with Latest Hire

Phoenix American Hospitality, a Dallas-based opportunistic hotel fund manager, has added Ron Rodriguez to its distribution team as regional vice president. In his new...

Watermark Residential and 3G Capital Close $105 Million Private Equity Fund

Watermark 3G Multifamily Development Fund II, a private equity fund sponsored by Watermark Residential and boutique real estate advisory firm 3G Capital Advisors LLC,...

Guest Contributor: Where Alts Sponsors Playing in the Retail Space Can...

By Mike Huisman, Head of Alternative Product Solutions at Envision Financial Systems The opportunity for alternative investment sponsors couldn’t be clearer. With most institutions (and...

Federal Opportunity Zone Program Under Investigation by Treasury’s Internal Watchdog

Acting Treasury Inspector General Richard Delmar told NBC News on Thursday that the Treasury Department’s internal watchdog plans to investigate the federal opportunity zone...

Pacific Oak Completes First DST Offering of Multifamily Property in the...

Pacific Oak Capital Advisors, a sponsor of value-add alternative investments, has fully subscribed its first Delaware statutory trust offering, Meridian Apartment Homes DST, after...

SEC Bars Longtime Broker Who Pled Guilty to Defrauding Retail Investors

The Securities and Exchange Commission has barred a Connecticut investment adviser after he pleaded guilty last month to one count of wire fraud for...

Court Orders Tech Fund Adviser Charged by SEC to Pay More...

A federal district court has ordered San Francisco-based fund adviser Michael B. Rothenberg to pay more than $31 million in disgorgement, prejudgment interest, and...

PREP Securities Expands Distribution Team with Eight Senior Sales Professionals

PREP Securities LLC, the broker-dealer affiliate of PREP Property Group, has expanded its distribution team with the addition of several senior professionals, and will...