Multiple False Personas and Millions in Fraud
October 10, 2022
The Securities and Exchange Commission announced charges against Justin Costello for using a false persona as a Harvard-educated military veteran...
Staff
Articles
Capital Square Purchases Louisville Multifamily Community for DST Offering
October 10, 2022
Capital Square, a sponsor of tax-advantaged real estate investments, acquires Lyric at Norton Commons, a Class A+, 273-unit mixed-use multifamily...
Comrit Intends to Commence Tender Offer for Shares of CIM REIT
October 10, 2022
Comrit Investments 1 LP, a Tel Aviv-based investment fund, has made a filing with the SEC indicating their intent to...
FINRA Issues Member Alert Regarding ACATS Fraud
October 10, 2022
The Financial Industry Regulatory Authority released a regulatory notice alerting firms of a rise in fraudulent transfer of customer accounts...
Bluerock Homes Trust Begins Trading on NYSE American
October 7, 2022
Bluerock Homes Trust Inc. (NYSE American: BHM) launched as an externally managed real estate investment trust focused on the single-family...
Whitehall-Parker Securities CEO Passes Away at Age 65
October 7, 2022
Robert Loo, president and chief executive officer of independent broker-dealer Whitehall-Parker Securities, died on Sept. 20, 2022 at age 65. Born...
Comrit Intends to Launch Unsolicited Tender Offer for Shares of Inland REIT
October 7, 2022
Comrit Investments 1 LP, a Tel Aviv-based investment fund, has made a filing with the SEC indicating their intent to...
Former Merrill Lynch Advisor Launches Independent Practice through LPL
October 7, 2022
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisor Alexander Guiliano launched a New Jersey-based independent practice,...
Hines Global REIT Liquidating Trust Declares Final Distribution
October 6, 2022
HGR Liquidating Trust, the liquidating trust of non-traded real estate investment trust Hines Global REIT Inc., has declared a final...
SEC Charges Florida Man and French National with $40 Million Securities Fraud
October 6, 2022
The Securities and Exchange Commission announced that it filed charges against Paulo Fernando De Bastos, a Florida real estate agent,...
Cove Capital Buys 100% Leased Distribution Facility for DST Offering
October 6, 2022
Cove Capital Investments LLC, a sponsor of Delaware statutory trusts and other real estate investment offerings, has acquired a debt-free...
MHC Capital Fully Subscribes Manufactured Housing DST Offering
October 6, 2022
MHC Capital LLC, a real estate investment firm focused on U.S. manufactured housing communities, has fully subscribed its first Delaware...
BSP Launches New Interval Fund
October 5, 2022
Benefit Street Partners LLC and its parent company, Franklin Templeton, announced the launch of Franklin BSP Private Credit Fund (FBSPX),...
506(c) Offerings: No Loss of Exemption if Reasonable Steps Fail to Find Nonaccredited Investors
October 5, 2022
One of the concerns voiced by some members within the broker-dealer community for the last few years is over the...
RREEF Property Trust Reports Daily NAVs for September 2022
October 5, 2022
RREEF Property Trust Inc., (NASDAQ: ZRPTAX; ZRPTIX; ZRPTTX), a publicly registered daily net asset value real estate investment trust advised...
Mercer Advisors Acquires RIA with AUM of $1 Billion
October 5, 2022
Mercer Global Advisors Inc., a registered investment adviser with $38 billion in client assets, announced the acquisition of Goldstein Munger...
Cove Capital Expands Acquisition Team
October 5, 2022
Cove Capital Investments LLC, a sponsor of Delaware statutory trusts and other real estate investment offerings, appointed Dennis Younes vice...
SEC Fines Kim Kardashian for Unlawful Crypto Promotion
October 4, 2022
The Securities and Exchange Commission announced charges against celebrity reality star and online influencer Kim Kardashian for an undisclosed paid...
Resource Royalty Names New CEO
October 4, 2022
Resource Royalty LLC, a Dallas-based oil and gas royalty portfolio manager, announced Bob Howard, founder, will assume the role of...
Guest Contributor: Launching a Private Fund for Conversion to a Registered Fund
October 4, 2022
Launching a private fund is far quicker than launching a registered fund. The big difference is not waiting on SEC...
