Rafael Novales

Articles

Groma OZ Fund Development Near Boston Reaches Full Lease-Up

September 8, 2023

GromaCorp Inc., a real estate and technology startup and real estate sponsor, announced that Mosaic, the flagship property of the...

FINRA Fines and Suspends Ex-LPL Financial Advisor

September 8, 2023

The Financial Industry Regulatory Authority suspended and fined Kevin J. Carroll for borrowing money from one of his LPL Financial...

Legendary Capital Founder and REIT Advisors Ordered to Pay Nearly $5 Million for Inappropriate Expense Reimbursements

September 7, 2023

Corey Maple, the co-founder of non-traded REIT sponsor Legendary Capital, agreed to pay the Securities and Exchange Commission a civil...

ExchangeRight Fully Subscribes $110 Million DST Offering

September 7, 2023

ExchangeRight, a sponsor of diversified real estate DST and REIT investments, announced that the company has fully subscribed its Net-Leased...

SEC Issues Risk Alert Detailing Why a Firm May Be Targeted for Examination

September 7, 2023

The Securities and Exchange Commission’s Examinations Division published a new risk alert yesterday that details reasons why a firm may...

Atria Wealth Solutions Acquires Former Kestra Firm

September 7, 2023

Atria Wealth Solutions Inc., a wealth management solutions holding company, announced the completion of its acquisition of Grove Point Financial...

Former Securities America Advisors Join Cetera Financial Group

September 7, 2023

Cetera Financial Group, one of the nation’s largest networks of independently managed broker-dealers, announced that Brent McDonald and his Tar...

SEC Charges Five Investment Advisers with Custody Rule Violations

September 6, 2023

The U.S. Securities and Exchange Commission on Tuesday said it has charged five investment adviser firms for failing to meet...

Priority Income Fund Increases Annualized Cash Distribution Rate to 11.3%

September 6, 2023

Priority Income Fund, a non-traded closed-end fund, announced that its board of directors has declared additional steady monthly cash “base”...

Former Merrill Lynch Advisors with $205 Million in Assets Join LPL Financial

September 6, 2023

LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisors Ed Winegar and Gregory Berg have joined LPL’s...

BV Capital Announces Plans to Build Two Texas Apartment Projects

September 6, 2023

BV Capital, a member of the Bridgeview family of companies, announced that they have funded the acquisition and development of...

RREEF Property Trust Updates Daily NAV Per Share for August

September 6, 2023

RREEF Property Trust Inc., a publicly registered daily net asset value real estate investment trust advised by DWS Group, reported...

SEC Sued Over Private Funds Rules

September 5, 2023

Six private equity and hedge fund trade groups on Friday sued the U.S. Securities and Exchange Commission, arguing the agency...

JLL REIT Monthly NAV Per Share Largely Unchanged in July; Quarterly Redemptions Remain Well Within Limits

September 5, 2023

JLL Income Property Trust, a daily net asset value non-traded real estate investment trust, provided an update to its monthly...

FINRA Fines and Suspends Former Newbridge Securities Advisor

September 5, 2023

The Financial Industry Regulatory Authority suspended and fined a former Newbridge Securities Corporation advisor, Richard S. Siminou, for excessively trading...

Madison Communities Begins Construction on 288-Unit Multifamily Community

September 5, 2023

Madison Communities, a multifamily subsidiary of Madison Capital Group, began construction on Madison at Mallard Creek, a 288-unit multifamily community...

Greenbacker Renewable Secures $75 Million Warehouse Financing Facility

September 5, 2023

Greenbacker Renewable Energy Company LLC, a climate-focused investment manager and independent power producer, announced that it has closed on a...

Former VALIC Financial Advisors with $350 Million in Assets Join LPL Financial

September 5, 2023

LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisors Steve Boeckmann and David Wyzgowski have joined LPL...