Court Orders Over $5M in Penalties as SEC Cracks Down on Global Investment Scam
March 20, 2025
The U.S. District Court for the District of Massachusetts entered final judgment against Norman V. Meier in the U.S. Securities...
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
Lincoln Financial Teams Up with Bain Capital for Debut Interval Fund Filing
March 19, 2025
Lincoln Bain Capital Total Credit Fund has filed its initial registration statement with the U.S. Securities and Exchange Commission. The...
Shopoff Acquires 13.75-Acre Property for Future SoCal Residential Development
March 19, 2025
Shopoff Realty Investments – a national manager of opportunistic real estate investments and a sponsor of private placement offerings –...
FNEX Launches Alternatives Marketplace for Wealth Managers
March 19, 2025
FNEX, a fintech-enabled investment bank, has launched the FNEX Alternatives Market. The platform is designed to provide wealth managers with...
Starwood REIT Exceeds Monthly Repurchase Requests as NAV Dips Slightly
March 19, 2025
Starwood REIT, or SREIT, a publicly registered non-traded REIT sponsored by Starwood Capital Group, announced that its total net asset...
JLL Income Property Trust Acquires Richmond Industrial Asset for $40.7 Million
March 18, 2025
JLL Income Property Trust, a daily net asset value, non-listed real estate investment trust with approximately $6.6 billion in portfolio...
Cetera Financial Institutions Adds $2.5 Billion Bank of Hawai’i Broker-Dealer
March 18, 2025
Bank of Hawai'i has entered into a networking agreement with Cetera Financial Institutions to provide broker-dealer services for its investment services...
Fraud and Fiduciary Breach: SEC Alleges Repeat Violations by N.J. Investment Firm and Exec
March 18, 2025
The U.S. Securities and Exchange Commission has filed charges against 67-year-old David Yow Shang Chiueh of East Hanover, N.J., and his investment...
Highlands REIT Appoints New CEO, President, and Secretary
March 18, 2025
Highlands REIT Inc., a publicly registered non-traded real estate investment trust, announced the appointment of Robert J. Lange as its...
SEC Extends Compliance Dates for Funds’ Adherence to ‘Names Rule’ Amendments
March 17, 2025
The U.S. Securities and Exchange Commission announced a six-month extension of the compliance dates for amendments adopted in September 2023...
Blackstone Real Estate Income Trust Announces Leadership Changes
March 17, 2025
Blackstone Real Estate Income Trust Inc. – a publicly registered non-traded real estate investment trust sponsored by private equity giant...
SST VI Refinances Seven Additional Properties, Bringing Total to 11 for Year
March 17, 2025
Strategic Storage Trust VI Inc. – a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop...
LPL-Affiliated RIA Carnegie Private Wealth Adds Four Advisers With $475M Assets
March 17, 2025
Financial advisers James Larsen, CFP; Lucas Decker, CFP; Kevin Lewis, CFP, CEPA; and Seth Miller, CFP, CEPA, have joined LPL...
SEC Obtains Final Judgment Against Texas Oil and Gas Fraudster and His Companies
March 17, 2025
The U.S. District Court for the Northern District of Texas entered a final judgment against defendants Leon Ali Parvizian a/k/a...
DST Fundraising Off to a Steady Start in 2025 Despite 12.5% Decrease Month-to-Month
March 16, 2025
The equity raise for Delaware statutory trust offerings in February 2025 was approximately $531.2 million, a 12.5% slide from the...
Stifel on Wrong Side of One of the Largest Damages Awards in FINRA Arbitration History
March 16, 2025
A FINRA arbitration panel has ordered Stifel Financial to pay $132.5 million to a family for misrepresenting the risk of...
Massachusetts Man Defrauds Cemetery Employees, Soliciting $1.7M for Forex Investments
March 16, 2025
The U.S. Securities and Exchange Commission charged Tewksbury, Mass., resident Jonathan Webb for defrauding investors, many of which did not...
Distressed GWG Bondholders Offered Pennies on the Dollar in Proposed Settlement
March 13, 2025
Nearly three years after GWG Holdings Inc. filed for bankruptcy, investors who purchased $1.6 billion in GWG L bonds are...
SEC Issues Guidance on Accredited Investor Verification in Private Offerings
March 13, 2025
The U.S. Securities and Exchange Commission has issued guidance on the "reasonable steps" required to verify accredited investor status in...
Eastham Capital Announces $10M Disposition of Illinois Multifamily Asset
March 13, 2025
Eastham Capital, a private equity real estate firm and a sponsor of multifamily private real estate offerings, announced the $10...
