Strategic Student & Senior Housing Trust Sells Final Student Property for $72.25 Million
August 9, 2024
Strategic Student & Senior Housing Trust Inc. – a publicly registered, non-traded real estate investment trust – sold its final...
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
Walton Global Launches $5.1 Million DST Offering in Delaware’s Kent County
August 9, 2024
Walton Global, a real estate investment and land asset management company and sponsor of private placement investments, has launched Delaware Growth 1...
Cetera RIA Adds $180 Million-Asset Watters Financial Services
August 9, 2024
Cetera's employee-based registered investment adviser, The Retirement Planning Group, or TRPG, has acquired Watters Financial Services. With approximately $180 million in assets...
Capital Square Fully Subscribes Multifamily OZ Development in Knoxville
August 8, 2024
A Knoxville, Tenn., opportunity zone offering sponsored by Capital Square has been fully subscribed. The Regulation D private placement offering...
Inland Fully Subscribes $54 Million Build-to-Rent DST in Florida
August 8, 2024
Real estate investment manager Inland Private Capital Corporation, or IPC, fully subscribed an IPC-sponsored Delaware statutory trust: Fort Myers BTR...
Non-Listed BDCs Have $78.8 Billion Combined NAV, a Year-Over-Year Increase of 65%
August 8, 2024
Non-listed business development companies had a combined aggregate net asset value of $78.8 billion, a 16% increase from the previous...
Former BofA Adviser With $725 Million Book Joins LPL Private Wealth Model
August 8, 2024
Financial adviser Alberto Francis has joined LPL Financial’s high-net-worth-focused employee affiliation model, LPL Private Wealth Management, to launch Rockview Private...
BREIT Among Blackstone Entities Making $964 Million Residential Sale to Equity Residential
August 7, 2024
Blackstone Real Estate Income Trust Inc. – a publicly registered non-traded real estate investment trust – along with other Blackstone...
Investors Fully Subscribe ExchangeRight’s All-Cash 3 DST With 5.15% Monthly Cash Flow
August 7, 2024
ExchangeRight, a Pasadena, Calif.-based sponsor of Delaware statutory trust and non-traded real estate investment trust investment offerings, fully subscribed its...
Leon Capital Opens Offerings to Third-Party Investors Via iCapital Partnership
August 7, 2024
Leon Capital Group announced its partnership with iCapital, a global fintech platform driving access to alternative investments for the wealth...
RREEF Property Trust Meets Just 32% of Each Stockholder’s July Redemption Requests
August 7, 2024
RREEF Property Trust Inc., a publicly registered daily net asset value real estate investment trust advised by DWS Group, reported...
SEC Obtains Final Judgment Against N.Y. Real Estate Developer for Perpetrating $229 Million EB-5 Fraud
August 7, 2024
The U.S. District Court for the Eastern District of New York entered a final judgment against Yi (Richard) Xia, his company...
LPL Lures Former Edward Jones Adviser Who Brings $170 Million in Assets
August 7, 2024
Financial adviser Alex Williams, CFP, recently joined LPL Financial’s broker-dealer, registered investment adviser, and custodial platforms to launch a new independent...
AHR Shares Fall Nearly 3% as Lock-Up Period Ends for Legacy Non-Traded REIT Shareholders
August 6, 2024
American Healthcare REIT Inc. (NYSE: AHR) reported its second quarter 2024 results yesterday, the same day in which legacy investors...
ARCTRUST Co-Launches Offering to Fund the Redevelopment of Two DC Multifamily Communities
August 6, 2024
ARCTRUST Private Capital, the capital markets division of the ARCTRUST Group of Companies, has launched Project DC DuPont Circle LLC...
Inland Appoints Investment System Strategies Lead as Next Chief Information Officer
August 6, 2024
The Inland Real Estate Group LLC announced the appointment of Jovan Marconi to chief information officer. In this role, Marconi...
Bridgeview Launches $27 Million Student Housing DST Offering
August 6, 2024
Bridgeview Real Estate, a Delaware statutory trust sponsor company and developer, has begun marketing a $27.2 million DST offering comprised...
LRT Company Fully Subscribes Florida Land-Based DST Offering
August 5, 2024
LRT Company, an opportunistic development firm and new sponsor of Section 1031 investment offerings, announced that it has fully subscribed...
Two Former Osaic Firms With $1 Billion in Combined Assets Join LPL Financial
August 5, 2024
Independent broker-dealer LPL Financial added two new financial adviser teams with approximately $1 billion in combined assets. Both teams joined...
Cerulli: Partnerships Between Alts Providers and Asset Managers Are Increasing
August 5, 2024
Cerulli Associates, an international research and consulting firm, recently published The Cerulli Report—U.S. Alternative Investments 2024, which examines the overall...
