Versus Capital Fund Announces Change to Portfolio Leadership
January 2, 2025
Versus Capital Real Assets Fund LLC, a non-diversified continuously offered closed-end interval fund advised by Versus Capital Advisors LLC, kicked...
Mari Nicholson
Mari Nicholson is the managing editor of Alts Wire. 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 Alts Wire 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
LPL Financial Continues to Enhance FinTech, AI Capabilities
January 2, 2025
In 2024, LPL Financial LLC evolved its financial technology, investment solutions, and platform infrastructure. The company said the changes reflect...
Shopoff Sells $9.8M Sacramento Parking Lot Entitled for 48 Townhomes
January 2, 2025
Shopoff Realty Investments, a national manager of opportunistic real estate investments and a sponsor of private placement offerings, has sold...
Cantor Fitzgerald REIT Exercises Fair Value Market Option on Maryland DST, Meets 100% of Repurchase Requests
December 25, 2024
Cantor Fitzgerald Income Trust Inc., a publicly registered non-listed real estate investment trust formerly known as Rodin Global Property Trust,...
J.P. Morgan Securities to Pay $3 Million for Short Interest Reporting Violations
December 25, 2024
The Financial Industry Regulatory Authority announced that it has censured and fined broker-dealer J.P. Morgan Securities, or JPMS, $3 million...
Mountain Dell: DST Fundraise Surpasses $5.3B Halfway Into December
December 23, 2024
Delaware statutory trust offerings have raised approximately $5.14 billion of equity as of Nov. 30, 2024, an 11.8% bump from...
Webinar Recap: A Deeper Dive Into 1031-to-721 Exchange UPREITs
December 23, 2024
If we’ve learned one thing in alternative investments, it’s that change is to be expected and often provides needed and...
Cetera Names New Presidents to Wealth Management and Solutions Divisions
December 23, 2024
Cetera Financial Group announced strategic leadership changes that it said are “aimed at enhancing growth and advancing its adviser-centric platform”...
Wells Fargo, LPL Financial Fined $900K Each for Inaccurate Reporting
December 23, 2024
Two major broker-dealers, Wells Fargo Clearing Services and LPL Financial, have each been censured and fined $900,000 by the Financial...
Walton Global Closes Trio of Land Sales Across Texas
December 22, 2024
Arizona-based real estate investment and land asset management company Walton Global has closed on three land sales in Austin, San...
ICAN Files Petition, Pressing SEC to Review Accredited Investor Definition
December 19, 2024
The Investor Choice Advocates Network, or ICAN – a nonprofit public interest litigation organization dedicated to serving as a legal...
Starboard Realty Advisors Announces Launches $28.1M DST Offering in Ohio
December 19, 2024
Real estate investment firm Starboard Realty Advisors LLC announced a $28.1 million investment opportunity with Starboard Elan DST. This 1031...
FINRA Hits UBS With Nearly $3.5M Penalty for Unsuitable Short-Term Trading of Syndicate Preferred Stocks
December 19, 2024
The Financial Industry Regulatory Authority has acted against global brokerage firm and investment adviser UBS Financial Services Inc., or UBS-FS....
NewStar Exchange Launches $14 Million DST Offering on Behalf of Charlotte, N.C., Asset
December 19, 2024
NewStar Exchange, a subsidiary of NEWSTAR, has acquired Hadley Crossing by Stella Homes, a single-family rental subdivision located in Charlotte,...
Inland, J.P. Morgan Expand Adviser Access for Alts With CAIS Platform Partnerships
December 19, 2024
Several more industry powerhouses have made their alternative investment strategies available to advisers through the CAIS platform for advisers. Inland...
Webinar: All About UPREITs, 1031 and 721 Exchanges
December 19, 2024
Interested in the latest ways to build potential wealth with alternative investments? Increasingly, real estate investment trust sponsors are providing...
Bluerock Value Exchange Fully Subscribes Third Industrial Portfolio DST for $41.2 Million
December 18, 2024
Bluerock Value Exchange, a national sponsor of 1031 exchange and Delaware statutory trust investment programs, has fully subscribed BR Diversified...
Commonwealth Adds Two Former Osaic Firms With Nearly $500 Million in Assets
December 18, 2024
Registered investment adviser Commonwealth Financial Network welcomed a pair of Jericho, N.Y.-based independent advisory firms that were previously affiliated with...
Capital Square Fully Subscribes DST Build-for-Rent Offering Near Chattanooga
December 18, 2024
Capital Square, a sponsor of tax-advantaged real estate investments, announced that its CS1031 Valley Ridge BFR Housing, DST offering has...
Pacific Oak Capital Markets Hires Senior Wholesaler for SoCal Territory
December 18, 2024
Alternative investment distributor Pacific Oak Capital Markets LLC announced that financial services industry veteran Tracy Mousner has joined the company...
