Orlando Bermudez, Author at AltsWire

CION Ares Interval Fund Extends Special Distribution Rate Increase

June 24, 2024

CION Ares Diversified Credit Fund, a globally diversified interval fund that currently manages approximately $5.1 billion in assets, has elected...

Apollo REIT Total Monthly NAV Up 3.87%; Acquires Two Properties

June 21, 2024

Apollo Realty Income Solutions Inc., a non-traded net asset value real estate investment trust sponsored by Apollo Global Management Inc.,...

Walton Global Closes on 76+ Acre Sale Within Master Planned Community in Central Florida

June 21, 2024

Walton Global, a real estate investment and land asset management company and sponsor of private placement investments, announced the sale...

Former AIG Adviser Managing $275 Million Assets Joins LPL Financial

June 21, 2024

Financial adviser David Hilbig, CFP, has joined LPL Financial’s broker-dealer, registered investment adviser, and custodial platforms. He reported serving approximately...

Croatan Investments Adds VP of Asset Management

June 21, 2024

Croatan Investments, a rental housing investment manager for private wealth and institutional capital, announced the addition of Jane Finch as...

Carter Funds Expands Sales Team With New Internal Sales Director

June 20, 2024

Real estate acquisition and investment management firm Carter Funds has expanded its independent broker-dealer wholesaling team with the appointment of...

Brookfield REIT Acquires Two Properties, Reports Decrease in Monthly NAV

June 20, 2024

Brookfield Real Estate Income Trust Inc., a publicly registered non-traded real estate investment trust formerly known as Oaktree Real Estate...

Financial Wealth vs. Financial Wisdom: Rethinking the Accredited Investor Definition

June 20, 2024

The accredited investor definition is a cornerstone of U.S. securities regulation, playing a pivotal role in who can participate in...

NewEdge Advisors Recruits $540 Million Wealth Management Firm

June 20, 2024

NewEdge Advisors LLC, a New Orleans-based registered investment adviser, announced that Michigan-based Stonebridge Financial Partners has joined the firm from...

Former Boxabl Employee Charged With Defrauding Investors in $1.6 Million Scheme

June 20, 2024

The U.S. Securities and Exchange Commission announced that it has filed charges against Yanni Tassev, a former vice president of...

ExchangeRight REIT Introduces ER Share Class, Targets 10% Rate of Return

June 19, 2024

ExchangeRight, a sponsor of Delaware statutory trust and non-traded real estate investment trust investment offerings, launched a new share class...

Monthly Redemption Requests Across Top NAVs Surge 65% Since SREIT Announcement

June 19, 2024

Since Starwood Real Estate Income Trust Inc. lowered the capacity under its share repurchase plan beginning with May 2024 redemptions,...

Ares Real Estate Income Trust Total Monthly NAV Decreases by 1.6%

June 19, 2024

Ares Real Estate Income Trust, a publicly registered net asset value-based perpetual life real estate investment trust formerly known as...

Sponsor Growth Solutions Aims to Guide Emerging Companies Entering the Retail Channel

June 19, 2024

When it comes to scaling their business, new companies seeking success in the retail channel might experience challenges raising capital. “While...

Leitbox Storage Partners Announces Second Storage Facility Near Hilton Head, S.C.

June 19, 2024

Leitbox Storage Partners LLC, a self-storage investment and development platform based in Birmingham, Ala., announced the grand opening of a...

SREIT Repurchase Plan Changes Take Effect, Satisfying About 3% of Each Stockholder’s Request

June 18, 2024

The total net asset value of Starwood Real Estate Income Trust Inc. declined in May 2024 by nearly 1.98% month-over-month,...

Due Diligence Platform Alts Fund LINK Secures Partnership With Concorde

June 18, 2024

Alts sponsors and funds must go through rigorous due diligence at the broker-dealer and registered investment adviser levels before being...

LPL Adds Pair of SoCal Financial Adviser Teams With $750 Million in Combined Assets

June 18, 2024

LPL Financial has welcomed several Southern California financial advisers to their team this month with $750 million in combined assets. Tom...

Empire Group Raises $30 Million to Support Future BTR Texas Community

June 18, 2024

The Empire Group of Companies recently raised approximately $30 million of equity via the independent broker-dealer and registered investment adviser...