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CFP Board Suspends Broker Accused of Violating Reg BI with Improper GWG Bond Sales

June 30, 2022

The Certified Financial Planner Board of Standards Inc. has imposed an interim suspension against Patrick Egan, a certified financial planner...

Guest Contributor: A Guide to Understanding Proposed Changes to the QOZ Program

June 30, 2022

By: Russell Putnam, Co-President of FactRightIn 2017, Congress created the qualified opportunity zone (QOZ) program to encourage long-term investment in...

Versity Invest Expands Sales Team with New Hire and Promotions

June 30, 2022

Versity Invest LLC, a real estate investment firm that specializes in student and multifamily housing, has expanded its sales team....

Wealth Enhancement Group to Buy $574 Million RIA

June 30, 2022

Wealth Enhancement Group, an independent wealth management firm, plans to acquire Hawkins Wealth Management, a registered investment adviser with $574...

SmartStop Self Storage REIT Buys Self Storage Facility Near Denver

June 30, 2022

SmartStop Self Storage REIT Inc., a publicly registered non-traded real estate investment trust, has purchased a self-storage facility in the...

GTIS Partners Launches Second Opportunity Zone Fund

June 29, 2022

GTIS Partners, a real estate investment firm focused on residential and industrial investments, has reported the launch its second qualified...

SEC Fines Ernst & Young $100 Million After Auditors Cheat on Ethics Exams, Mislead Investigation

June 29, 2022

Ernst & Young LLP, one of the largest accounting firms in the world, has been fined $100 million by the...

CORE Pacific Advisors Fully Subscribes DST Offering of Oklahoma Multifamily Property

June 29, 2022

CORE Pacific Advisors, an investment advisory firm and sponsor of 1031 exchange offerings, has fully subscribed Maywood Apartments, a Delaware...

1031 Crowdfunding Fully Subscribes Senior Housing DST Portfolio

June 29, 2022

1031 Crowdfunding, a tax advantaged real estate investment platform, has fully subscribed its latest Delaware statutory trust offering, 1031CF Portfolio...

UDF Executives Facing 20 Years in Prison Lose Bid to Remain Free Pending Appeal

June 28, 2022

Four United Development Funding executives who were recently sentenced to a combined 20 years in federal prison for fraud have...

Blackstone BDC Declares NAV Per Share and Special Dividend

June 28, 2022

Blackstone Private Credit Fund, a non-traded business development company sponsored by private equity giant Blackstone (NYSE: BX), has declared its...

Versity Reports 86.5% Total Return with TIC Student Housing Property Sale

June 28, 2022

Versity Invest LLC, a real estate investment firm specializing in student housing and conventional multifamily housing, has sold The Commons...

NewStar Asset Management Expands Executive Team with New Hire

June 28, 2022

NewStar Asset Management, a real estate-focused alternative investment and asset management company, has hired Jennifer Dinkins as chief accounting officer....

Non-Traded Alts Raise $52 Billion Through May, Stanger Lowers REIT/BDC Sales Projections

June 27, 2022

Fundraising for non-traded alternative investments totaled $52.1 billion through May 2022, a 108 percent increase over the same period of...

FINRA Fines United Planners over GPB Fund Sales

June 27, 2022

The Financial Industry Regulatory Authority has fined broker-dealer, United Planners' Financial Services of America, $40,000 over sales of GPB Holdings...

KBS REIT II Discloses Termination of $165 Million Union Bank Plaza Sale

June 27, 2022

KBS Real Estate Investment Trust II Inc., a publicly registered non-traded real estate investment trust, announced that the $165 million...

DOL Proposes Revised Definition of “Fiduciary”

June 27, 2022

The Department of Labor has reported in its Spring 2022 regulatory agenda that it plans to reveal its new fiduciary...

Blackstone REIT Completes $5.8 Billion Acquisition of Preferred Apartment Communities

June 24, 2022

Blackstone Real Estate Income Trust Inc, a publicly registered non-traded REIT managed by private equity giant The Blackstone Group (NYSE:...

FINRA Orders National Securities to Pay $9 Million for Multiple Violations, Including GPB Sales

June 24, 2022

The Financial Industry Regulatory Authority has sanctioned broker-dealer National Securities Corporation approximately $9 million, including disgorgement of $4.8 million in...