Capital Square Acquires Miami Multifamily Community for DST Offering
January 4, 2023
Capital Square, a sponsor of tax-advantaged real estate investments, announced the acquisition of Parkland Apartments, a 396-unit Class A multifamily...
Kinsley Lively
Writer and editor serving the finance industry.
Articles
ExchangeRight Fully Subscribes $71 Million DST Portfolio
January 4, 2023
ExchangeRight, a sponsor of securitized 1031 exchanges and other real estate offerings, announced that it fully subscribed its Net-Leased Portfolio...
CIM Real Estate Finance Trust to Sell 185 Net Lease Properties for $894 Million to Realty Income Corp.
January 3, 2023
CIM Real Estate Finance Trust Inc., a publicly registered non-traded real estate investment trust, entered into an agreement to sell...
Capital Square Promotes Industry Vet to Executive Vice President
January 3, 2023
Capital Square, a sponsor of tax-advantaged real estate investments, announced the promotion of Mark Mercado to executive vice president, investment...
Center Street Latest Broker-Dealer Fined by FINRA for Improper GPB Private Placement Sales
January 3, 2023
The Financial Industry Regulatory Authority fined Center Street Securities Inc. after the broker-dealer supposedly failed to inform 20 investors in...
HPS Corporate Lending Fund Announces Special Distribution
January 3, 2023
HPS Corporate Lending Fund, a perpetual-life non-traded business development company sponsored by HPS Investment Partners, announced a year-end special cash...
AltsWire’s Top 10 Stories of 2022
January 2, 2023
As the year comes to an end, AltsWire has compiled a list of our Top 10 most-read news stories of...
SECURE 2.0 Act Becomes Law
December 30, 2022
After it was passed by Congress last week, President Biden signed the $1.7 trillion omnibus spending bill into law yesterday....
Top Ten Reasons New Sponsors Fail
December 30, 2022
The direct participation program industry can be extremely lucrative, but a high percentage of new sponsors fail. Even sponsors with...
Former Registered Rep Sentenced to 20 Years for $115.5 Million Ponzi Scheme
December 30, 2022
Christopher A. Parris, 42, formerly of Rochester, New York, and currently of Lawrenceville, Georgia, was sentenced this week to 20...
Four Springs Capital Trust Withdraws Registration Statement
December 29, 2022
Four Springs Capital Trust, a distributor of tax-deferred 1031 exchanges, made a filing with the Securities and Exchange Commission that...
Keystone Buys $32.5 Million Orlando Property for DST Offering
December 29, 2022
Keystone National Properties, a sponsor of non-traded alternative investments, announced its acquisition of a Walgreens Call Center in Orlando, Florida...
Griffin Realty Trust Completes Sale of Office Properties to Workspace Property Trust
December 29, 2022
Griffin Realty Trust Inc., a publicly registered non-traded real estate investment trust formerly known as Griffin Capital Essential Asset REIT,...
FINRA Fines Another Broker-Dealer for Improper GPB Private Placement Sales
December 29, 2022
The Financial Industry Regulatory Authority fined Moloney Securities Co. Inc. after the broker-dealer supposedly failed to inform 37 investors in...
Larry Roth to Lead Binah Capital Following Merger of Wentworth and Kingswood
December 28, 2022
Kingswood Acquisition Corp. announced that wealth management industry leader Larry Roth will become executive chairman of Binah Capital Group Inc.,...
FINRA Fines Broker-Dealer for Improper GPB Private Placement Sales
December 28, 2022
The Financial Industry Regulatory Authority fined Coastal Equities Inc. earlier this month after the company allegedly failed to properly supervise...
SEC Obtains Final Judgement Against Arizona Man for Defrauding Elderly Investors
December 28, 2022
The U.S. District Court for the District of Arizona entered final judgment against Conrad Coggeshall in a previously filed Securities...
FINRA Bars Former LPL Rep
December 28, 2022
The Financial Industry Regulatory Authority barred John Nicholas Terzis, formerly a registered representative with LPL Financial LLC, the nation’s largest...
Blackstone Private Credit Fund Updates Monthly NAV
December 27, 2022
Blackstone Private Credit Fund, a non-traded business development company sponsored by private equity giant Blackstone (NYSE: BX), updated the monthly...
$600 Million Kansas RIA Joins LPL
December 27, 2022
LPL Financial LLC announced that Strategic Partners Inc. has joined LPL Financial’s broker-dealer, registered investment advisor and custodial platforms, aligned...
