Devon Self Storage Nearly Doubles in Size, Reaches $2 Billion in AUM
September 1, 2025
Devon Self Storage, a large privately owned national self-storage developer, owner and manager and a member of The Inland Real...
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
A Lost Dream? Shopoff Transfers Ownership of Hotel-Casino Project
August 28, 2025
The long-stalled Dream Las Vegas hotel-casino project has a new owner following a legal settlement over unpaid bills. Developer Bill Shopoff –...
Ex-Cetera Team With $715M in Assets Joins LPL’s Broker-Dealer
August 28, 2025
The advisers of Concentric Wealth Management have joined LPL Financial’s broker-dealer and registered investment adviser. They reported serving approximately $715...
As Asset Managers Expand Into Alts, Product Specialists Seen as Trusted Partners
August 28, 2025
Engaging financial advisers has become a significant challenge for asset managers across all sizes and product lines. As the demand...
Roberts Properties Fully Subscribes $24M Private Placement Offering
August 28, 2025
Roberts Properties, a real estate development company and sponsor, has fully subscribed Artisan Apartments, LLC private placement offering that raised $24 million to fund...
Non-Traded REIT Redemptions Still Outpacing Equity Raise Through Q2 2025
August 27, 2025
Public non-traded, net asset value real estate investment trusts have reported second quarter investor redemption results that revealed an overall...
iCapital Names Industry Veteran to Lead Alts in Retirement Portfolios Strategy
August 27, 2025
Global fintech platform iCapital has appointed Drew Carrington to lead its alternatives in retirement portfolios strategy. Carrington will helm iCapital’s efforts...
Axxes Launches Opportunistic Credit Fund With ‘Flexible Investment Mandate’
August 27, 2025
Axxes Capital, a private markets investment management firm founded by private equity veteran and sports investor Joseph DaGrosa Jr., announced...
FINRA to Streamline Delivery of Required Information Via System Enhancements
August 27, 2025
The Financial Industry Regulatory Authority announced that it will adopt new system enhancements on Nov. 3, 2025, to enable member firms to...
MAI Capital, Evoke Advisors Combine RIAs to Manage $60M in Assets
August 27, 2025
Registered investment adviser MAI Capital Management announced a strategic partnership to purchase Los Angeles-based RIA, Evoke Advisors. This unification of...
Broker-Dealer Pressure Rises as Inspired Healthcare Continues Distribution Suspensions
August 26, 2025
Private real estate investment firm Inspired Healthcare Capital, i.e., IHC, has informed broker-dealers and financial advisers that none of its...
GOP Senators Urge DOL to Implement EO Granting 401(k) Access to Alts
August 26, 2025
A group of nine Republican senators are urging the U.S. Department of Labor to implement an executive order from President...
Ex-Morgan Stanley, Merrill Lynch Teams Combine to Form $2B Firm on Arkadios Capital Platform
August 26, 2025
Two advisory teams from competing wirehouses, Morgan Stanley and Merrill Lynch, announced that they have combined their practices to form...
ExchangeRight Names New Senior Vice President to Lead Sales in Southeast
August 26, 2025
ExchangeRight, a sponsor of Delaware statutory trust and non-traded real estate investment trust offerings, has announced that Bryan Yvon has...
LPL Adds $700 Million-Asset Skyward Financial, Formerly With Wedbush
August 26, 2025
The advisers of Skyward Financial joined LPL Financial’s broker-dealer, registered investment adviser platform. They reported serving approximately $700 million in...
2025 Investment in Alternative Assets Surpasses $102 Billion Through July
August 25, 2025
Alternative investment fundraising totaled approximately $102.3 billion through July 2025, led by public non-traded business development companies at an estimated...
Hamilton Point Investments Launches $225M Offering Targeting Multifamily Assets
August 25, 2025
Hamilton Point Investments LLC announced the launch of HPI Real Estate Fund XV LLC, a Regulation D 506(c) offering which...
FINRA Suspends Centaurus Broker for Unsuitable Alts Guidance to Three Clients
August 25, 2025
The Financial Industry Regulatory Authority has fined and suspended a registered broker for allegedly recommending unsuitable and highly concentrated alternative...
Wells Fargo Wirehouse to Offer Alts Products in Unified Managed Account Program
August 25, 2025
Wells Fargo’s Wealth & Investment Management, or WIM, division, in collaboration with InvestCloud, now offers alternative investments as an eligible investment...
Stanger: Private Non-traded REITs Outraise Publicly Registered Counterparts by 45%
August 23, 2025
Private non-traded real estate investment trusts outraised their publicly registered non-traded counterparts by over 45% to start the year, attracting...
