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Former Merrill Lynch Broker Sentenced to Seven Years for Defrauding Investors

Phillip Conley, a former registered representative, has been sentenced to 87 months in prison for defrauding West Virginia churches, pastors, and others out of...

Comrit Launches Unsolicited Tender Offer for Shares of CNL Healthcare

Comrit Investments 1 LP, a Tel Aviv-based investment fund, has launched an unsolicited tender offer to purchase up to 8.8 million shares of CNL...

KBS REIT II Sells Arizona Office Property, Declares Fourth Liquidating Distribution

KBS Real Estate Investment Trust II, a publicly registered non-traded REIT, has sold Fountainhead Plaza, a two-building 446,000 square foot office property located in...

KBS REIT II Sells Denver Office Tower for $203.5 Million

KBS Real Estate Investment Trust II, a publicly registered non-traded REIT, has sold Granite Tower, a 31-story, 561,700-square-foot office building located in Denver Colorado,...

KBS REIT II to Sell Denver Office Tower for $203.5 Million

KBS Real Estate Investment Trust II, a publicly registered non-traded REIT, plans to sell Granite Tower, a 31-story, 561,700-square-foot office building located in Denver...

Former Broker Sentenced to More Than Five Years for Defrauding Retail...

Edward E. Matthes, who was charged by the SEC in January 2020 with defrauding 26 elderly retail and advisory clients, has been sentenced in...

Watermark Residential Sells Denver-Area Townhome Community

Watermark Residential, a multifamily developer, private placement sponsor, and wholly owned affiliate of Thompson Thrift, has sold Dayton Station, a 63-unit townhome community located...

SEC Obtains Final Judgment Against Broker Sentenced for Defrauding Retail Investors

The Securities and Exchange Commission received a final judgment against former Connecticut investment adviser Lester Burroughs, who pled guilty in December 2019 to one...

Croatan Buys Century Skyline Apartments in Atlanta

Croatan Investments, a private equity real estate manager focused on multifamily investments, has purchased Century Skyline Apartments, a five-story, 225-unit midrise rental property located...

CNL Healthcare Properties Declares Annual NAV Per Share

The board of CNL Healthcare Properties Inc., a publicly registered non-traded real estate investment trust focused on senior housing, has approved an estimated net...