Tag: private placement
FINRA’s National Adjudicatory Council Revises Sanction Guidelines
The Financial Industry Regulatory Authority announced that the National Adjudicatory Council has updated the organization’s sanction guidelines to, among other things, increase the lower...
FINRA Permanently Bars Morgan Stanley Broker
The Financial Industry Regulatory Authority has permanently barred Doug M. McKelvey from the securities industry for refusing to provide information and documents requested by...
Strategic Storage Trust VI, Inc. Acquires Florida Storage Facility
Strategic Storage Trust VI Inc., a publicly registered real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT Inc., acquired a...
Capital Square Buys Augusta Multifamily Community for DST Offering
Capital Square, a sponsor of tax-advantaged real estate investments, announced the acquisition of Lakeside on Riverwatch Apartments, a 200-unit garden-style multifamily community in the...
SEC Fines Morgan Stanley $35 Million for Mishandling of Customer Data
The Securities and Exchange Commission announced charges against Morgan Stanley Smith Barney LLC stemming from the firm’s “extensive failures,” over a five-year period, to...
SEC Charges Real Estate Investment Firm with $100 Million Fraud
The Securities and Exchange Commission charged Secured Income Group, Inc., its owner and president, Max McDermott, and its investor relations representative, Stacey Porter, with...
Capital Square Launches Private Equity Group
Capital Square, a sponsor of tax-advantaged real estate investments, launches its Private Equity Group, a new corporate division that will focus on single-family build-for-rent...
Madison Communities Breaks Ground on Multifamily Development Near Nashville
Madison Communities, an affiliate of Madison Capital Group, has broken ground on Madison Century Farms, a multifamily development in the Nashville suburb of Antioch,...
Capital Square Buys Virginia Multifamily Property for DST Offering
Capital Square, a sponsor of tax-advantaged real estate investments, has purchased Tapestry West, a 262-unit Class A multifamily community in Richmond, Virginia.The property was...
Griffin Capital Qualified Opportunity Zone Fund Declares Special Distribution to Investors
Griffin Capital Qualified Opportunity Zone Fund L.P. has announced a special distribution to investors following the "successful recapitalization" of Laurel Apartments in East Austin.In...
SEC Bars Bellatorum CEO Facing 20 Years in Federal Prison for...
The Securities and Exchange Commission has barred Christopher R. Bentley, the majority owner, president, and chief executive officer of Bellatorum Resources LLC, which acted...
Capital Square Names Co-Chief Executive Officer
Capital Square, a sponsor of tax-advantaged real estate investments, has promoted Whitson Huffman to co-chief executive officer.Huffman joined Capital Square in early 2018 and...
Megatel Homes Closes Out of Single-Family Residential Development Near Dallas
Megatel Homes, a Texas-based homebuilder that funds part of its operations through private placements offered by its capital markets division Megatel Capital Investment (MCI),...
Capital Square Buys Multifamily Portfolio in Asheville, North Carolina for DST...
Capital Square, a sponsor of tax-advantaged real estate investments, has purchased the Asheville NC Apartment Portfolio, a two-property multifamily portfolio comprised of a total...
FINRA Fines Another Broker-Dealer over GPB Private Placement Sales
The Financial Industry Regulatory Authority has fined broker-dealer, Sanctuary Securities Inc., formerly known as David A. Noyes & Company, $60,000 over sales of GPB...
Griffin Capital Qualified OZ Fund II Breaks Ground on Maryland Multifamily...
Griffin Capital Qualified Opportunity Zone Fund II L.P. and its partners Transwestern Development Company and Perseus TDC have reported that construction has started on...
Capital Square OZ Fund Issues Special Investor Distribution
Capital Square, a sponsor of tax-advantaged real estate investments, reported that their first development project, an 80-unit Class A multifamily property in Richmond, Virginia...
Walton Global Sells 681 Acres in Austin-San Antonio Corridor
Walton Global, a real estate investment firm and sponsor of private placement offerings, has closed on a bulk sale of 681 acres in San...
FINRA Fines Broker-Dealer over GPB Fund Sales
The Financial Industry Regulatory Authority has fined broker-dealer, Capital Investment Group Inc., $50,000 over sales of GPB Automotive Portfolio LP and GPB Holdings II...
Griffin Capital Adds Another Senior Vice President to Wealth Solutions Team
Griffin Capital Company LLC, an alternative investment manager, has hired Nino Balduzzi to serve as a senior vice president on its wealth solutions team....
