LPL Financial Reports Third Quarter Results
November 1, 2023
LPL Financial LLC, the nation’s largest independent broker-dealer, announced results for its third quarter ended Sept. 30, 2023, reporting net...
Rafael Novales
Articles
New DOL Fiduciary Rule to be Unveiled Today
October 31, 2023
The Department of Labor’s much-anticipated, and highly controversial, new retirement security rule – referred to as the fiduciary rule by...
Inland Private Takes Milwaukee Multifamily DST Full-Cycle
October 31, 2023
Inland Private Capital Corporation, a privately held alternative investment management firm and a member of The Inland Real Estate Group...
FINRA Fines and Suspends Former Adviser over GPB Sales
October 31, 2023
The Financial Industry Regulatory Authority fined and suspended former Aegis Capital Corp. registered representative Salvatore Gambino after he “made unsuitable...
Former UBS Advisers with $250 Million in Assets Join LPL Financial
October 31, 2023
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisers Michael J. Pumo and David A. DiRe have...
BGO Industrial REIT NAV Per Share Increases 2% in September
October 31, 2023
BGO Industrial Real Estate Income Trust Inc., a non-traded REIT sponsored by global institutional investment management firm BentallGreenOak, announced the...
Cottonwood Communities Resumes Public Offering
October 30, 2023
Cottonwood Communities Inc., a publicly registered non-traded real estate investment trust focused on multifamily real estate investments, announced that they...
Shopoff Expected to Resume Construction on $550 Million Las Vegas Resort
October 30, 2023
Shopoff Realty Investments has applied for an extension on building permits with Clark County for its Dream Las Vegas casino...
Passco Sells Florida Multifamily Community for $102 Million
October 30, 2023
Passco Companies LLC, a sponsor of Delaware statutory trust offerings and other alternative investments, announced that they have sold ParkCrest...
ExchangeRight Fully Subscribes $29 Million New York DST Offering
October 30, 2023
ExchangeRight, a sponsor of Delaware statutory trusts and real estate investment trust investments, announced that investors have fully subscribed ExchangeRight's...
PIABA Continues Campaign to Reform Broker Expungement Process
October 30, 2023
The Public Investors Advocate Bar Association, a 501(c)(6) non-profit international bar association, and its sister 501(c)(3) charitable organization, the PIABA...
SEC Charges Former Adviser Over $2 Million Fraud Scheme
October 27, 2023
The Securities and Exchange Commission announced that it has filed charges and obtained a consented-to asset freeze against a Santa...
ARCTRUST III Relaunches Private Offering
October 27, 2023
ARCTRUST III Inc., a private real estate investment trust sponsored by ARCTRUST, has expanded the size of its private placement...
New Orleans RIA Adds Adviser with $500 Million in Assets Under Management
October 27, 2023
NewEdge Advisors LLC, a New Orleans-based registered investment advisor, announced that Bill Laird and, in connection, Riverside Wealth Partners of...
Ares REIT NAV Declined by Nearly 1% in September
October 27, 2023
Ares Real Estate Income Trust Inc., a publicly registered net asset value-based perpetual life real estate investment trust formerly known...
DST Fundraising Stays Steady in September
October 26, 2023
Fundraising for Delaware statutory trust offerings, typically used to facilitate securitized 1031 exchanges, totaled just over $3.8 billion for the...
MacKenzie Capital Offers to Buy BREIT Shares at Steep Discount
October 26, 2023
Shareholders of Blackstone Real Estate Income Trust, a publicly registered non-traded REIT sponsored by private equity giant The Blackstone Group...
The True Life Companies Elite Fund III Sells Two Properties in California
October 26, 2023
The True Life Companies Elite Fund III LLC, a $50 million private placement offering managed by The True Life Companies,...
CAIS Launches Software Platform for Alternatives
October 26, 2023
CAIS, an alternative investment platform for independent financial advisors, announced the launch of its new SaaS platform, CAIS Solutions, which...
Blackstone Private Credit Fund Earnings Double the Private Credit Market
October 25, 2023
Blackstone’s (NYSE: BX) nearly $50 billion non-traded business development company, Blackstone Private Credit Fund or “BCRED,” announced that their portfolio...
