LPL Lures Ex-Osaic, Cincinnati Team Serving $800 Million in Assets
October 24, 2024
The financial advisers at Dougherty, Tedesco & Associates have joined LPL Financial’s broker-dealer, registered investment adviser, and custodial platforms. They...
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
Pinnacle Partners Closes First Multi-Asset Opportunity Zone Fund, Raising $90 Million
October 24, 2024
Real estate investment management firm Pinnacle Partners announced the closure of its 12th qualified opportunity zone fund, Pinnacle Partners Opportunity...
Cove Capital Acquires Georgia Asset DST, Seeks $16.5 Million Capital Raise
October 24, 2024
Delaware statutory trust sponsor company Cove Capital Investments LLC has completed the purchase of an industrial asset in Athens, Ga....
Croatan Expands Fundraising Team With SVP of Capital Markets Hire
October 24, 2024
Croatan Investments, a rental housing investment manager for private wealth and institutional capital, has hired Wink Ewing as senior vice...
TriLinc Global Impact Fund Values Investments at $266 Million at Close of Q3 2024
October 24, 2024
TriLinc Global Impact Fund LLC, a publicly registered non-traded limited liability company, reported that its financing commitments for business expansions...
JLL Income Property Trust Experiences Mixed Results With Pair of Property Sales
October 23, 2024
JLL Income Property Trust – a daily net asset value, non-traded real estate investment trust with approximately $6.6 billion in...
Hamilton Point Fund Sells Another Property for Attractive Profit
October 23, 2024
Hamilton Point Investments announced its second profitable property disposition this week on behalf of HPI Real Estate Fund VIII with...
First Eagle Private Credit Fund Declares First Regular Distribution
October 23, 2024
First Eagle Private Credit Fund, a recently launched, non-traded business development company, declared its first regular distribution of $0.21 per...
Broker-Dealer Fenix Fined $250K for Anti-Money Laundering and Registration Violations
October 23, 2024
The Financial Industry Regulatory Authority announced that it has fined Fenix Securities LLC – a New York-based broker-dealer specializing in...
Ares Industrial REIT Reports Slight Decrease in Total Monthly NAV
October 23, 2024
Ares Industrial Real Estate Income Trust Inc., a monthly net asset value real estate investment trust sponsored by Ares Management...
LPL Confirms Steinmeier as Permanent CEO, Names Audette as President
October 22, 2024
LPL Financial Holdings Inc.’s board of directors has confirmed Rich Steinmeier as chief executive officer. Steinmeier, who had been interim...
Realta Wealth Continues Leadership Team Expansion, Adds Head of Adviser Relations
October 22, 2024
Hybrid registered investment adviser Realta Wealth announced the appointment of Abbey Eastham as head of adviser relations. Reporting directly to Kevin...
Prospect Capital Corporation Upsizes Preferred Stock Offering to $2.25 Billion
October 22, 2024
Prospect Capital Corporation (NASDAQ: PSEC), a publicly traded business development company, announced an upsize to its preferred stock offering with...
Fortress Net Lease REIT Reports 7% NAV Increase in September Surge
October 22, 2024
Fortress Net Lease REIT, a recently launched, perpetual, non-traded real estate investment trust sponsored by Fortress Investment Group, reported a...
SEC to Examine Fiduciary Duty, Conduct Standards, Cybersecurity, and AI in 2025
October 22, 2024
The U.S. Securities and Exchange Commission’s examinations division released its 2025 examination priorities. Published annually, the priorities inform investors and registrants...
Hamilton Point Banks $6.25 Million Profit on Full-Cycle Sale of Missouri Student Housing Property
October 21, 2024
Hamilton Point Investments LLC announced the recent full-cycle sale of The Den, a 158-unit student housing apartment property located in...
LRT Company Fully Subscribes $4.9 Million DST Offering Near Hilton Head Island
October 21, 2024
LRT Company, an opportunistic development firm and sponsor, announced today that it has fully subscribed its Regulation D, private placement...
Four Springs TEN31 Xchange Launches $157 Million DST Offering 100% Leased to Ford
October 21, 2024
Four Springs TEN31 Xchange, i.e., FSXchange, a sponsor of Delaware statutory trusts in industrial and healthcare 1031 real estate exchanges...
Directory Spotlight: Bluerock
October 21, 2024
EQT Exeter REIT Total NAV Up 25.4%; Purchases $81.5 Million Asset, Appoints New Chair
October 18, 2024
EQT Exeter Real Estate Income Trust Inc., a publicly registered non-traded real estate investment trust externally advised by Exeter Property...
