Drexel Hamilton, Reps Sanctioned $1.2M Total for Manipulating Municipal Bond Offerings
November 20, 2024
The Financial Industry Regulatory Authority has censured and fined investment banking firm Drexel Hamilton, along with fining four of its...
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
JLL Income Property Trust Fully Subscribes $100 Million Diversified DST
November 19, 2024
JLL Income Property Trust – a daily net asset value, non-traded real estate investment trust with approximately $6.6 billion in...
Invesco REIT Reports 0.25% October Increase in Total Net Asset Value
November 19, 2024
Invesco Real Estate Income Trust Inc. – a publicly registered non-listed real estate investment trust that invests primarily in stabilized,...
PREP Securities Adds Trio of Senior Sales Professionals to Distribution Team
November 19, 2024
PREP Securities LLC, the broker-dealer affiliate of PREP Property Group, has added several senior professionals to its distribution team. PREP...
Stockholders to Vote on Activities Positioning MSC Income Fund for Public Listing
November 18, 2024
Non-traded business development company MSC Income Fund Inc. announced a flurry of activity last week as it moves toward potentially...
$500M Avenue Real Estate Group Names Former BGO Managing Director as New CIO
November 18, 2024
Avenue – a real estate development, construction and investment group focused on the healthcare, senior living, and active adult sectors...
BREIT Reports 0.13% Increased Total NAV, Good Positioning for ‘Recovery Phase’
November 18, 2024
Blackstone Real Estate Income Trust Inc., a publicly registered non-traded real estate investment trust sponsored by private equity giant The...
Nuveen REIT NAV Per Share Up Approximately 0.32% Across Classes
November 18, 2024
Nuveen Global Cities REIT Inc., a publicly registered non-traded real estate investment trust, had a total aggregate NAV of approximately...
Madison Capital Group Launches $250 Million Go Store It Fund
November 15, 2024
Madison Capital Group, a vertically integrated real estate investment and development firm, has launched the Go Store It Opportunity Fund,...
Investors Fully Subscribe Fifth ExchangeRight All-Cash DST Since April
November 15, 2024
ExchangeRight, a sponsor of Delaware statutory trust and non-traded real estate investment trust investment offerings, has fully subscribed its All-Cash...
Greenwood Star Income & Growth Trust Declares First Monthly Distribution
November 15, 2024
Greenwood Star Income & Growth Trust Inc. – a perpetual life private placement focused on high-quality, multifamily assets structured specifically...
Cove Capital Reports 15% Increase in Distributions for Dallas-Fort Worth Multifamily DST Investors
November 15, 2024
Cove Capital Investments – a Delaware statutory trust sponsor company specializing in debt-free DST offerings – announced a 15.5% increase...
Florida-Based Credit Union With $2.8 Billion-Plus in Client Assets Joins Cetera Network
November 15, 2024
Cetera Financial Group announced that Eglin Federal Credit Union has entered into a networking agreement with Cetera Financial Institutions in...
SEC Declares Effective New CION Investments, GCM Grosvenor Interval Fund
November 14, 2024
Alternative investment solutions platform CION Investments and GCM Grosvenor, a global alternative asset management firm, are launching CION Grosvenor Infrastructure...
LPL Affiliate Lands Pair of Advisers Serving $540 Million in Client Assets
November 14, 2024
Financial advisers Ryan Kirby, CFP, and Michael Alvarez have joined LPL Financial’s broker-dealer, registered independent adviser and custodial platforms, aligned...
FINRA Seeks to Raise Financial Member Fees in 2025
November 14, 2024
The Financial Industry Regulatory Authority announced a proposal to increase fees for financial industry firms. The proposal would increase the...
BGO Industrial REIT Appoints BentallGreenOak, Morgan Stanley Vet to Serve as CEO
November 14, 2024
The board of directors of BGO Industrial Real Estate Income Trust, Inc., a non-traded real estate investment trust sponsored by global...
SoFi Robo-Adviser Gives Everyday Investors’ Access to Diversified Asset Classes
November 13, 2024
Expanding on its current automated investment offering, SoFi launched its new robo-adviser this week. Providing access to alternative asset classes...
Ex-Osaic Adviser With $410 Million in Assets Joins LPL Financial
November 13, 2024
Financial advisers at Nexus Wealth Partners have joined LPL Financial’s broker-dealer, registered investment adviser, and custodial platforms. They reported serving...
Primark Meketa Interval Fund Announces Fee Reductions
November 13, 2024
Primark Meketa Private Equity Investments Fund, a closed-end interval fund advised by Primark Capital LLC and sub-advised by Meketa Investment...
