Ex-Goldman Sachs VP Joins Hines Private Wealth Services to Lead Strategic Accounts
September 17, 2024
Global real estate investment firm Hines hired John Caruso as managing director and head of strategic accounts for Hines Private...
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
Madison Capital Markets Names Former Hines Vet to Helm Southeastern Sales
September 17, 2024
Madison Capital Markets, an affiliate of Madison Capital Group, has appointed Richard “Rick” Shearer as executive vice president to lead sales efforts...
Starwood REIT Total Monthly NAV Declines 1% Month-Over-Month
September 17, 2024
The total net asset value for Starwood Real Estate Income Trust Inc. declined by approximately 1.03% month-over-month, from approximately $9.53...
Ares REIT Reports Debt-Related Investment, 0.93% Decrease in Total Monthly NAV
September 17, 2024
Ares Real Estate Income Trust, a publicly registered net asset value-based perpetual life real estate investment trust formerly known as...
LRT Company Launches $17 Million All-Cash DST Offering Near Hilton Head
September 16, 2024
LRT Company, a development firm and sponsor of Section 1031 exchange investment offerings, announced today that it has launched LRT...
Comrit Acquires Half-Million CIM REIT Shares at a Discount Through Mini-Tender Offer
September 16, 2024
Comrit Investments 1 LP, a Tel Aviv-based investment fund, announced the results of an unsolicited tender offer for shares of...
Summit Healthcare REIT Sells Skilled Nursing Facility Portfolio for 50% IRR
September 16, 2024
Summit Healthcare REIT Inc., a publicly registered non-traded real estate investment trust, sold a portfolio of three skilled nursing facilities...
LPL Adds Ex-Ameriprise Team Serving $650 Million in Assets
September 16, 2024
Financial advisers Brett Howard, CTFA, AAMS, APMA, CRPC; Marco Rivera, APMA; Brooks Crissey, CFP, APMA; Henry “Hank” DesJardins; and Ryan...
FINRA Sanctions Wells Fargo Clearing Services Nearly $3 Million for Short-Term Trading Abuses
September 16, 2024
The Financial Industry Regulatory Authority has again taken action against Wells Fargo Clearing Services, LLC, or WFCS, the clearing subsidiary...
Directory Spotlight: CNB Custody
September 16, 2024
Stanger Reiterates BREIT Overweight Rating, Cites Return of $23B to Shareholders
September 13, 2024
Investment banking firm Robert A. Stanger & Co., Inc. has issued an updated research report on Blackstone Real Estate Income...
Origin Investments, Morgan Group Team on San Antonio Qualified Opportunity Zone Project
September 13, 2024
Multifamily investment sponsor Origin Investments and Morgan Group, a vertically integrated investment and development firm, have formed a joint venture...
Kestra Financial Grows Partnership With iCapital to Enhance Advisers’ Alts Offerings
September 13, 2024
Kestra Financial is expanding its strategic partnership with iCapital to enable more comprehensive access to alternative investment offerings and related resources....
SEC Settles Charges Against Three StraightPath Sales Agents for Unregistered Broker Activity
September 13, 2024
The U.S. Securities and Exchange Commission settled charges against three sales agents from StraightPath Venture Partners – Anthony Guarino, Robert...
Lanni Assumes Leadership Reins at Strategic Realty Trust
September 13, 2024
The board of directors of Strategic Realty Trust, Inc. – a publicly registered non-traded real estate investment trust – recently...
DST Fundraising Ticks Up Over the Summer
September 12, 2024
As of Aug. 31, 2024, the year-to-date equity raise for Delaware statutory trust offerings was just less than $3.5 billion,...
Eastham Capital Fund VI Invests in Chicago Apartment Community for $16.8 Million
September 12, 2024
Eastham Capital – a sponsor of multifamily private real estate offerings – has again partnered with Bender Companies, this time...
ExchangeRight Adds SVP to Lead Sales Efforts in the Mid-Pacific Region
September 12, 2024
ExchangeRight, a sponsor of Delaware statutory trust and non-traded real estate investment trust investment offerings, has expanded its strategic relations...
Capital Square Hires Former Head of National Accounts From Peachtree Group
September 11, 2024
Capital Square, a sponsor of tax-advantaged real estate investments, announced that Jessica Correnti has joined the firm as senior vice...
Ex-BofA Pair With $700 Million in Assets Joins LPL to Launch BrookBridge Private Wealth
September 11, 2024
Private client adviser John Duane and portfolio manager Gregory Giantsos have joined LPL Financial’s high-net-worth-focused employee affiliation model, LPL Private Wealth...
