After Recent Dip, Ares REIT Announces 2.3% Increase in Total Monthly NAV
August 28, 2024
Ares Industrial Real Estate Income Trust Inc., a monthly net asset value real estate investment trust sponsored by Ares Management...
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
Multifamily-Focused JVM Realty Names Chief Investment Officer
August 28, 2024
JVM Realty, a vertically integrated multifamily real estate investment and property management firm, has hired Adam Short as the company’s...
SEC Charges Brothers With $60 Million Crypto-Based Ponzi Scheme
August 27, 2024
To halt an alleged $60 million Ponzi scheme impacting more than 80 investors across the country, the U.S. Securities and...
Cantor Fitzgerald REIT Meets 100% Repurchase Requests; Total NAV Drops 6.5%
August 27, 2024
Cantor Fitzgerald Income Trust Inc., a publicly registered non-traded real estate investment trust formerly known as Rodin Global Property Trust,...
Financial Services Institute Announces 2024 Advocacy Award Honorees
August 27, 2024
The Financial Services Institute, a primary advocacy organization for the independent financial services industry, announced the honorees of its annual...
Cove Capital Purchases Texas Retail Property for New DST Offering
August 27, 2024
Cove Capital Investments LLC, an investment sponsor that specializes in providing accredited investors access to debt-free Delaware statutory trust investment...
Blackstone Registers New Interval Fund Focused on Private Credit With the SEC
August 26, 2024
Blackstone – the world’s largest alternative asset manager with more than $1.1 trillion in assets under management – registered a...
Twelve of the 15 Largest NAV REITs Post Positive Returns in July
August 26, 2024
Investment banking firm Robert A. Stanger & Co., Inc., reported that 12 of the 15 largest net asset value real...
SREIT Total Monthly NAV Declines 0.5% Month-Over-Month
August 26, 2024
The total net asset value for Starwood Real Estate Income Trust Inc. declined by almost 0.5% month-over-month, from approximately $9.58...
Former Merrill Lynch Firm With $400 Million in Assets Joins Sanctuary Wealth
August 26, 2024
Independent broker-dealer Sanctuary Wealth announced that it has added TOVA Wealth, a former Merrill Lynch practice based in Wilmington, N.C.,...
Sponsor Growth Solutions Adds Veteran to Expand National Accounts and Sales Support Services
August 26, 2024
Sponsor Growth Solutions, a firm that provides emerging sponsors with capital-raising and distribution strategies, has appointed Melissa Wendt as head...
Directory Spotlight: Hamilton Point Investments
August 26, 2024
BREIT Names Wesley LePatner Future CEO; Frank Cohen to Retire at Year-End
August 23, 2024
Blackstone Real Estate Income Trust Inc. announced that Wesley LePatner, currently the chief operating officer of the publicly registered non-traded...
SEC Concludes Its Investigation of Silver Star Properties REIT
August 23, 2024
The U.S. Securities and Exchange Commission recently notified Silver Star Properties REIT Inc. that it had concluded its investigation of...
Diversify Advisor Networks Adds Eight Advisers With $440 Million of Assets
August 23, 2024
Diversify Advisor Network, an adviser-founded and adviser-led wealth management firm, has recruited Perspective Financial Services, a Phoenix-based firm with $290...
Apollo Realty Income Solutions Total Monthly NAV Increases Almost 6.5%
August 23, 2024
Apollo Realty Income Solutions Inc., a non-traded net asset value real estate investment trust sponsored by Apollo Global Management Inc.,...
KKR Real Estate Select Trust Appoints Julia Butler as CEO, Matt Salem as Vice Chairman
August 23, 2024
KKR Real Estate Select Trust Inc., a ’40 Act closed-end fund that qualifies for tax treatment as a real estate...
2024 Alts Fundraising Totals $67.3 Billion Through July; Non-Traded BDCs Surpass $20 Billion for Third Consecutive Year
August 22, 2024
Alternative investment fundraising totaled approximately $67.3 billion through July, led by non-traded business development companies at an estimated $21 billion,...
Former Lincoln Financial Advisers With $4 Billion in Client Assets Join LPL Financial
August 22, 2024
More than 30 financial advisers with Academy Financial Inc. and PFG Advisors have joined LPL Financial’s broker-dealer, registered investment adviser,...
Cetera Appoints Avantax President Todd Mackay to President of Cetera Solutions
August 22, 2024
Cetera Financial Group announced that Avantax Inc.’s President Todd Mackay has been appointed as president of Cetera Solutions. In this...
