Rafael Novales

Articles

Capital Square Reaches Construction Milestone on Charleston OZ Development

December 14, 2023

Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer and manager of...

ExchangeRight Fully Subscribes $126 Million DST Offering

December 14, 2023

ExchangeRight, a sponsor of Delaware statutory trusts and real estate investment trust investments, announced that the company has fully subscribed...

CNL Healthcare Properties Refinances $600 Million Credit Facilities

December 14, 2023

CNL Healthcare Properties, Refinances $600 Million Credit Facilities, a publicly registered non-traded limited liability company, reported that they have negotiated...

Cove Capital Investments Buys New York Distribution Property for DST Offering

December 14, 2023

Cove Capital Investments LLC, a private equity real estate firm and Delaware statutory trust sponsor, announced it has completed the...

Ares Real Estate Income Trust Appoints New CFO and Treasurer

December 14, 2023

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

GPB Capital Transferred to Receivership to Split Assets Among Investors

December 13, 2023

The U.S. District Court for the Eastern District of New York has officially granted the SEC’s request to convert the...

DOL Fiduciary Rule Receives Praise, Criticism on Day 1 of Hearing

December 13, 2023

The first day of the Department of Labor’s two-day public, online hearing regarding its controversial, new retirement security rule –...

Griffin Capital Breaks Ground on Multifamily Development in Maryland Opportunity Zone

December 13, 2023

Griffin Capital Company LLC, a private real estate investment manager and sponsor of opportunity zone funds, together with their joint...

FINRA Suspends and Fines NY Rep. for Failure to Report Felonies

December 13, 2023

The Financial Industry Regulatory Authority suspended and fined Joseph Neil Savasta for failing to report multiple felony charges brought against...

NewEdge Capital Group Recruits Add $9.6 Billion in AUM

December 13, 2023

NewEdge Capital Group LLC, a Pittsburgh-based registered investment advisor, announced that the firm has surpassed last year’s record growth in...

LPL Financial Recruits Former Securities America Firm with $130 Million in Assets

December 12, 2023

LPL Financial, the nation’s largest independent broker-dealer, announced that financial advisors Michael Gandet Jr., Mark Choinski and Arthur Sisco of...

Ares Private Markets Fund Reports Semi-Annual Returns North of 4.5%

December 12, 2023

Ares Private Markets Fund, a continuously offered non-traded closed-end fund that invests in private equity and other private assets principally...

Former Cambridge Advisor with $47 Million in Assets Joins Cetera Financial Group

December 12, 2023

Cetera Financial Group, one of the nation’s largest networks of independently managed broker-dealers, announced that Kathryn Duclo has joined Cetera...

Go Store It Opens Florida Storage Facility

December 12, 2023

Go Store It Self-Storage, a self-storage provider and an affiliate of Madison Capital Group, has opened a storage facility in...

KBS Growth & Income REIT Takes Big Haircut on Chicago Office Sale

December 11, 2023

KBS Growth & Income REIT Inc., a publicly registered non-traded real estate investment trust, completed the sale of the Institute...

FINRA Files Accusations of Unsuitable Trading Against former IFG and LPL Advisor

December 11, 2023

The Financial Industry Regulatory Authority alleges various charges against D. Allen Blankenship, including unsuitable mutual fund trading on behalf of...

Pacific Oak Strategic Opportunity REIT Reports 23.5% Annual Decline in NAV

December 11, 2023

Pacific Oak Strategic Opportunity REIT Inc., a publicly registered non-traded real estate investment trust formerly known as KBS Strategic Opportunity...

Captrust Financial Advisors Acquires $1.1 Billion RIA in Washington

December 11, 2023

Captrust Financial Advisors, an independent registered investment advisor with more than $832 billion in assets, announced the acquisition of Trutina...