Rafael Novales

Articles

FINRA Censures and Fines LPL Financial $3 Million

July 27, 2023

The Financial Industry Regulatory Authority has censured and fined LPL Financial LLC for failing to properly supervise two reps who...

RREEF Property Trust Third Quarter Redemptions Already Exceed Quarterly Limit

July 27, 2023

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

iCapital Launches Alts Portfolio Construction Tool for Advisors

July 27, 2023

iCapital, the fintech platform focused on alternative investments, announced iCapital Architect, a portfolio construction tool that supports financial advisors to...

Cove Capital Fully Subscribes $21.6 Million DST Offering

July 27, 2023

Cove Capital Investments LLC, a private equity real estate firm and Delaware statutory trust sponsor, announced its Cove Parkdale Commons...

Former Merrill Lynch Advisors with $425 Million in Assets Joins LPL Financial

July 27, 2023

LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisors Terri L. Conger, Joseph Blackner, Jace Kasteler, and...

Non-Traded REIT Fundraising Rebounds to $597 Million in June, BDCs Raise $1.3 Billion

July 26, 2023

Non-traded REIT fundraising rebounded 39% to $597 million in June, as compared to the 2023 monthly low of $428 million...

KBS REIT Loses Portland Office Tower to Foreclosure

July 26, 2023

KBS Growth & Income REIT Inc., a publicly registered non-traded real estate investment trust, reported that the Commonwealth Building, an...

LPL to Acquire Crown Capital Securities

July 26, 2023

LPL Financial LLC, the nation’s largest independent broker-dealer, announced that the firm has entered into a definitive purchase agreement to...

Griffin Capital Names Managing Director of Asset Management

July 26, 2023

Griffin Capital Company, a private real estate investment manager that sponsors opportunity zone funds and other private placements, announced the...

BREIT Sells Simply Self Storage for $2.2 Billion

July 25, 2023

Blackstone Real Estate Income Trust Inc., a publicly registered non-traded REIT sponsored by private equity giant The Blackstone Group (NYSE:...

Non-Listed REITs Return to Growth During Second Quarter 2023

July 25, 2023

According to the latest report by investment bank Robert A. Stanger & Co., non-listed net asset value real estate investment...

Apollo Debt Solutions BDC Reports 1% Increase to NAV Per Share

July 25, 2023

Apollo Debt Solutions BDC, a non-traded perpetual-life business development company sponsored by affiliates of Apollo Global Management, has announced its...

SEC Obtains Final Judgments Against Ponzi Scheme Operators

July 25, 2023

The U.S. District Court for the District of Oregon entered final judgments against Oregon residents Robert D. Christensen and Anthony...

Former Wells Fargo Advisors with $245 Million in Assets Join LPL Financial

July 25, 2023

LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisors John Thornton and Jake McLean have joined LPL’s...

Cantor Fitzgerald Income Trust Reports Lower NAV Per Share

July 25, 2023

Cantor Fitzgerald Income Trust Inc., a publicly registered non-traded real estate investment trust formerly known as Rodin Global Property Trust,...

BREIT Reports Higher Monthly NAV Per Share for June

July 24, 2023

Blackstone Real Estate Income Trust, a publicly registered non-traded REIT sponsored by private equity giant The Blackstone Group (NYSE: BX),...

SEC Resolves “Saivian” Ponzi Scheme

July 24, 2023

The Securities and Exchange Commission announced the resolution of its case against Ryan Morgan Evans, the last remaining defendant in...

Cottonwood Communities June Monthly NAV Per Share Declines 1.7%

July 24, 2023

Cottonwood Communities Inc., a publicly registered non-traded real estate investment trust focused on multifamily real estate investments, has reported its...

Syracuse Wealth Management Joins LPL Financial

July 24, 2023

LPL Financial LLC, the nation’s largest independent broker-dealer, announced that Syracuse Wealth Management has joined LPL Financial’s broker-dealer, registered investment...