Merrill Lynch to Pay $15 Million in Restitution to Settle FINRA Charges
June 6, 2022
The Financial Industry Regulatory Authority has censured and ordered Merrill Lynch to pay approximately $15.2 million ($13.4 million, plus interest)...
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JLL Income Property Trust Reports Daily NAVs for May
June 6, 2022
Jones Lang LaSalle Income Property Trust, a daily net asset value real estate investment trust, reported its daily share valuations...
Syndicated Equities Buys Midtown Manhattan Parking Garage with Centerpark Realty
June 6, 2022
Syndicated Equities, a sponsor of securitized 1031 exchange offerings, has purchased a 110-space parking garage in Midtown Manhattan alongside Centerpark...
Bluerock Interval Fund Eclipses $6 Billion in Net AUM; Reports Record Return
June 3, 2022
Bluerock Total Income+ Real Estate Fund, a closed-end interval fund, has reportedly surpassed $6 billion in net assets, making it...
Mobile Infrastructure Corporation to Merge with Mobile Infrastructure Trust
June 3, 2022
Mobile Infrastructure Corporation (MIC), a former non-traded real estate investment trust known as The Parking REIT Inc., has agreed to...
Capital Square Names SVP of Acquisitions and VP of Acquisitions
June 3, 2022
Capital Square, a sponsor of tax-advantaged real estate investments, has promoted Jorge Figueiredo to senior vice president of acquisitions and...
Starboard Fully Subscribes DST Offerings of Two Fort Worth Multifamily Properties
June 3, 2022
Starboard Realty Advisors, a sponsor of non-traded alternative investments, has fully subscribed Starboard Dylan DST and Starboard Presidio DST, two...
Cresset Closes Logistics Fund and Opportunity Zone Fund, Launches Two Follow-on Funds
June 2, 2022
Cresset Partners, a sponsor of non-traded alternative investment funds, has closed its first logistics fund and its second opportunity zone...
SmartStop Self Storage REIT Completes Merger with Private REIT Affiliate
June 2, 2022
SmartStop Self Storage REIT Inc., a publicly registered non-traded real estate investment trust, and Strategic Storage Growth Trust II Inc.,...
Bourne Financial Adds New Hires to Capital Markets Team
June 2, 2022
Bourne Financial Group LLC, a sponsor of alternative investment offerings, continued expanding its capital markets team with the addition of...
Inland Private Reports Grand Opening of Class A Multifamily Property in Downtown St. Paul
June 2, 2022
Inland Private Capital Corporation, a sponsor of securitized 1031 exchange programs, has reported the grand opening of The Arlow on...
American Healthcare REIT Provides First Quarter 2022 Financial Update to Investors
June 1, 2022
American Healthcare REIT Inc., a non-traded real estate investment trust formerly known as Griffin-American Healthcare REIT IV Inc., recently filed...
Proxy Firms Weigh in on Blackstone REIT’s Deal with Preferred Apartment Communities
June 1, 2022
Glass, Lewis & Co. and Institutional Shareholder Services Inc., two independent proxy advisory firms, have recommended that shareholders of Preferred...
Peak Capital Solutions Hires Senior Vice President, External Wholesaler
June 1, 2022
Peak Capital Solutions, a third-party distribution platform focused on alternative investments, has hired John T. Carey as senior vice president...
CIM REIT Sells $175 Million San Jose Retail Property to AR Global REIT
June 1, 2022
CIM Real Estate Finance Trust Inc., a publicly registered non-traded real estate investment trust, has sold The Plant, a 509,000...
Capital Square Achieves Lease Up of First Opportunity Zone Development
May 31, 2022
Capital Square, a sponsor of tax-advantaged real estate investments and property developer, achieved lease up on the 80-unit INK in...
Sila Realty Trust Terminates Chief Accounting Officer
May 31, 2022
Sila Realty Trust Inc., a publicly registered, non-traded real estate investment trust formerly known as Carter Validus Mission Critical REIT...
Inspired Healthcare Announces New Capital Markets Hire and Internal Promotion
May 31, 2022
Inspired Healthcare Capital LLC, a private equity firm specializing in senior housing investments, hired industry veteran Rick Martens to the...
PTM Partners and DoveHill Secure Construction Loan for Florida Opportunity Zone Project
May 31, 2022
PTM Partners, a real estate investment and development firm, and DoveHill Capital Management, a vertically integrated hospitality real estate developer,...
