Former Edward Jones Advisor Joins LPL Financial
March 31, 2023
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisor Kemp Cunningham has joined LPL Financial’s broker-dealer, RIA...
Kinsley Lively
Writer and editor serving the finance industry.
Articles
Resource Royalty Closes Latest Energy-Based Offering
March 31, 2023
Resource Royalty LLC, a Dallas-based oil and gas royalty portfolio manager, has announced the closing of its 19th portfolio, Resource...
DST Fundraising Off to Slow Start in 2023
March 30, 2023
Fundraising for Delaware statutory trust offerings, typically used to facilitate securitized 1031 exchanges, totaled just over $1.0 billion through February...
Walton Global Launches Fund to Support Single Family Home Development
March 30, 2023
Walton Global, a real estate investment firm and sponsor of private placement offerings, announced the launch of a private placement...
FINRA Censures and Fines Newbridge Securities for Lax Due Diligence
March 30, 2023
The Financial Industry Regulatory Authority has censured and fined Newbridge Securities Corporation $50,000 for failing to “reasonable supervise representative’s recommendations...
SEC Charges Broker with Defrauding Investor of Millions
March 30, 2023
The Securities and Exchange Commission charged former broker Surage Kamal Roshan Perera and his firm, Janues Capital Incorporated, with defrauding...
Owl Rock Core Income Group Announces Special Distribution
March 30, 2023
Owl Rock Core Income Corp., a non-traded business development company, declared a special distribution of $0.02 per share, payable around...
CIM REIT Completes $779 Sale of 151 Net Lease Properties to Realty Income Corp.
March 29, 2023
CIM Real Estate Finance Trust Inc., a publicly registered non-traded real estate investment trust, completed the sale of 151 single-tenant...
SEC Obtains Final Judgement Against Former LPL Advisor Who Defrauded Clients of $2.9 Million
March 29, 2023
The U.S. District Court for the District of Massachusetts entered a final judgment against Massachusetts-based investment adviser James K. Couture...
Invesco REIT Monthly NAV Per Share Continues to Decline in February
March 29, 2023
Invesco Real Estate Income Trust Inc., a publicly registered non-traded real estate investment trust, declared a portfolio update and monthly...
IGRE Adds East Coast Divisional Sales Manager
March 29, 2023
Investment Grade R.E. Income Fund LP, a $100 million Regulation A+ fund that owns and operates a portfolio of single-tenant,...
Red Oak Provides $8.3 Million Bridge Loan for Chicago Property
March 29, 2023
Red Oak Capital Holdings, a commercial real estate finance company and Regulation A+ sponsor, has provided an $8.3 million bridge...
Non-Traded REIT Redemptions Exceed 350% of Fundraising in February
March 28, 2023
Fundraising among non-traded real estate investment trusts in February 2023 sunk to just $489 million, a low not seen since...
Robert Kaplan Joins Red Oak as Chief Legal Officer and Executive Vice President
March 28, 2023
Red Oak Capital Holdings, a commercial real estate finance company and Regulation A+ sponsor, and its affiliate, Oak Real Estate...
CNL Strategic Capital Acquires TacMed Solutions
March 28, 2023
CNL Strategic Capital LLC, a publicly registered non-traded limited liability company, acquired a majority equity stake and made a concurrent...
Cantor Fitzgerald Income Trust Reports Higher NAV in February
March 28, 2023
Cantor Fitzgerald Income Trust Inc., a publicly registered non-traded real estate investment trust formerly known as Rodin Global Property Trust,...
Former Griffin REIT Announces Date of NYSE Listing
March 27, 2023
Peakstone Realty Trust, a publicly registered non-traded real estate investment trust formerly known as Griffin Realty Trust, announced that the...
Ecovest Reaches Settlement with U.S. Justice Department Over Conservation Easement Offerings
March 27, 2023
EcoVest, which has been a sponsor of real estate investment programs focused on conservation easements, reached a settlement agreement with...
SEC Charges Financial Advisor for Defrauding NBA Players
March 27, 2023
The Securities and Exchange Commission charged Darryl Matthew Cohen, a former investment adviser at Morgan Stanley, with misappropriating more than...
Financial Advisor with $130 Million in Assets Joins LPL Financial
March 27, 2023
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisor Joaquin Lopez of Lopez Wealth Management has joined...
