JPMorgan Chase Prepares to Launch Its First Interval Fund
February 18, 2025
JPMorgan Chase filed a preliminary prospectus with the U.S. Securities and Exchange Commission for what would be the firm’s first...
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
Thompson Thrift to Develop 255-Unit Multifamily Community Near Denver
February 18, 2025
Thompson Thrift, a full-service national real estate company, announced that it will develop Stack at Wheat Ridge – a 255-unit...
Montego Minerals Fully Subscribes 23rd Portfolio, a $17M Permian Basin Offering
February 18, 2025
Montego Minerals, an investor in oil and gas royalties and mineral rights, has announced the full subscription of its 23rd...
Filing Fees to Start July 1 for Private Placements Seeking to Raise More Than $25M
February 17, 2025
The Financial Industry Regulatory Authority announced the implementation of new private placement filing fees for placements over $25 million, starting...
Strategic Realty Trust Completes Final Sale of Assets, Continues With Plan to Liquidate
February 17, 2025
Strategic Realty Trust Inc., a publicly registered non-traded real estate investment trust, completed the sale of all its remaining operating...
Walton Global Launches $2.77M North Carolina Growth 2 DST Offering
February 17, 2025
Walton Global, a real estate investment and land asset management company and sponsor of private placement investments, launched North Carolina...
SEC Charges One Oak Capital and Rep With Breaching Fiduciary Duties
February 17, 2025
The U.S. Securities and Exchange Commission has charged One Oak Capital Management, a New York-based registered investment adviser, and one...
U.S. Department of Labor Seeks Pause in Fiduciary Rule Appeals
February 13, 2025
Earlier this week under the Trump administration, the U.S. Department of Labor paused its appeals of court rulings that suspended...
Succession Plans Loom Large in Adviser Practices, Says Latest Cerulli Report
February 13, 2025
Cerulli Associates, an international research and consulting firm, recently published the latest Cerulli Edge—U.S. Advisor Edition, which analyzes the trends...
Ashford Closes $580M Loan Secured By 16 Hotels, ‘Eliminates All Corporate-Level Debt’
February 13, 2025
Ashford Hospitality Trust Inc. (NYSE: AHT), a sponsor of two non-listed preferred stock offerings, closed on $580 million refinancing secured...
Financial Services Vet Joins DealPoint Merrill as Chief Risk Officer
February 13, 2025
Southern Calif.-based DealPoint Merrill announced the appointment of James A. "Jim" Kamradt as chief risk officer. In the role, Kamradt...
SmartStop Self Storage REIT Reinstates Distribution Reinvestment Plan
February 12, 2025
The board of directors for SmartStop Self Storage REIT Inc. – a self-managed and non-traded real estate investment trust focused...
Snapbox Opens Self-Storage Facility in North Bergen, N.J., Opportunity Zone
February 12, 2025
Snapbox, a Go Store It Self Storage company, announced the opening of its newest self-storage facility in North Bergen, N.J. Located in...
Bluespring Acquires $560 Million AUM, Louisville-Based Wealth Management Firm
February 12, 2025
Bluespring Wealth Partners, a subsidiary of Kestra Holdings and an acquirer of both independent registered investment advisers and hybrid wealth...
NexPoint Fully Subscribes $39 Million Industrial Small Bay II DST
February 11, 2025
Alternative investments firm NexPoint has fully subscribed Small Bay II DST, a Delaware statutory trust offering comprised of two small...
Eastham Capital Fund Acquires Multifamily Community in Chicago Suburb for $75.8M
February 11, 2025
Eastham Capital – a sponsor of multifamily private real estate offerings – has announced the acquisition of Haven Hoffman Estates,...
Hightower Announces Successor to CEO Bob Oros: Goldman Sachs’ Larry Restieri
February 11, 2025
In a planned leadership transition, Hightower Advisors announced that Larry Restieri will become its next chief executive officer and a...
Bank- and Credit Union-Focused Cetera Financial Institutions Adds $691M Kansas City Mainstay
February 11, 2025
Cetera Financial Group announced that Mainstreet Credit Union has entered into a networking agreement with Cetera Financial Institutions to advance...
LPL Financial Adds Ex-AIG Subsidiary With $630 Million in Assets
February 11, 2025
Financial advisers Carmen M. Lex Jr., CFP, RICP, and Chris Lex, CRPC, have joined LPL Financial’s broker-dealer, registered investment adviser,...
Shopoff Secures $60.9M Financing From Lionheart for SoCal Magnolia Coast Project
February 10, 2025
Shopoff Realty Investments, a national manager of opportunistic real estate investments and a sponsor of private placement offerings, has received...
