Cove Capital Issues Sixth Distribution Rate Increase for Tennessee DST
December 4, 2024
Delaware statutory trust sponsor Cove Capital Investments issued its sixth consecutive annual distribution rate increase, paid monthly, to investors in...
Mari Nicholson
Mari Nicholson is the managing editor of AltsWire. She reports on alternative investments for retail investors that are distributed via broker-dealers and registered investment advisers, as well as topics that affect these investors, financial advisers, and sponsors. Alternative investment funds covered by AltsWire include real estate investment trusts, business development companies, interval funds, closed-end funds, Delaware statutory trusts, utilized for tax-advantaged 1031 exchanges, qualified opportunity zone funds, as well as other unlisted publicly registered offerings and private placement investments.
Articles
BlackRock Buys Credit Firm HPS Investment Partners for $12 Billion
December 3, 2024
After a period of speculation where a purchase was rumored, BlackRock (NYSE: BLK) announced that it will acquire HPS Investment...
Griffin Capital Begins Construction on Multifamily OZ Fund Community in Richmond
December 3, 2024
Private real estate investment manager Griffin Capital Company LLC broke ground on 2700 Leigh, a 388-unit multifamily development in Richmond,...
Ashford Hospitality Trust Announces 2025 Closure of Non-Listed Series J, K Offerings
December 3, 2024
Real estate investment trust Ashford Hospitality Trust Inc. (NYSE: AHT) plans to close its non-listed Series J and Series K offerings on March 31,...
RREEF Property Trust Stockholders Receive Nearly Half of November Redemption Requests
December 3, 2024
RREEF Property Trust Inc., a publicly registered daily net asset value real estate investment trust advised by DWS Group, received...
Cetera Enters Agreement to Grow Wisconsin-Based Investment Services Program
December 3, 2024
Wisconsin-based First Citizens State Bank has entered into a network agreement with Cetera Financial Institutions to support and grow its...
Inland Acquires University of South Carolina-Adjacent Student Housing Property
December 2, 2024
Inland Real Estate Acquisitions LLC negotiated and closed the purchase of a 277-unit student housing property in Columbia, S.C. Adjacent...
Ready Capital En Route to Acquire United Development Funding IV
December 2, 2024
Ready Capital Corporation (NYSE: RC), a real estate finance company, announced a definitive agreement to acquire non-listed real estate investment...
Prospect Floating BDC Declares 8.5% Distribution Rate Over Holiday Months
December 2, 2024
Prospect Floating Rate and Alternative Income Fund Inc. – an externally managed non-diversified, closed-end management investment company that has elected...
VineBrook REIT Appoints New President Following Brian Mitts’ Resignation
December 2, 2024
VineBrook Homes Trust Inc., a private real estate investment trust managed by an affiliate of NexPoint Real Estate Advisors, announced...
Forum Partners and TSCG Launch Private Credit Fund Offering 9% Preferred Return
December 2, 2024
Global real estate investment and asset management firm Forum Partners and its portfolio company TSCG have launched TSCG Credit Opportunities...
Capital Square Tops Out Knoxville Multifamily Opportunity Zone Development
December 2, 2024
Capital Square, a sponsor of tax-advantaged real estate investments and an active developer and manager of housing communities, announced today...
Qualified Opportunity Zone Investment Surges in Q3, Nearing $40 Billion Milestone
December 2, 2024
Qualified opportunity zone funds tracked by Novogradac – a certified public accounting, valuation, and consulting organization – reported a significant...
SEC Announces Record Year for Enforcement Dollars, Updates PAUSE List
December 2, 2024
The U.S. Securities and Exchange Commission released its fiscal year 2024 enforcement statistics, including the announcement that the commission filed...
Moomoo Financial Fined $750,000 for Misleading Social Media Marketing
December 2, 2024
The Financial Industry Regulatory Authority announced that it has censured and fined Moomoo Financial Inc., an online trading platform formerly...
Eyeing a Potential NYSE Listing, SmartStop Suspends Share Redemption, Distribution Reinvestment Plans
November 26, 2024
SmartStop Self Storage REIT Inc. – a self-managed and non-traded real estate investment trust focused on self-storage assets – announced...
LPL Adds Trio of Adviser Teams Totaling $740 Million in Assets
November 26, 2024
LPL Financial added a trio of financial adviser teams in the latter half of the month. Altogether, Happier Wealth, Strata...
Perigon Wealth Management Expands Leadership Team With Recent Hires
November 26, 2024
Independent wealth management firm Perigon Wealth Management LLC has hired Jonathan Robbins as general counsel and chief compliance officer and...
InPoint Commercial REIT CEO to Resign at End of November
November 25, 2024
The chief executive officer of InPoint Commercial Real Estate Income Inc., a commercial mortgage non-traded real estate investment trust, announced...
Capital Square Adds Senior Wholesaler for Pacific Northwest Region
November 25, 2024
Thomas Belcher has joined Capital Square as senior regional vice president, Northwest sales. In his new role, Belcher will provide...
