Proxy Advisory Firms Recommend Against AR Global Directors of GNL and RTL
May 10, 2023
Proxy advisory firms Institutional Shareholder Services and Glass Lewis urged shareholders in Global Net Lease Inc. (NYSE: GNL) and Necessity...
Rafael Novales
Articles
FINRA Orders Oppenheimer to Pay $14 Million to Ponzi Scheme Victims
May 10, 2023
The Financial Industry Regulatory Authority ordered Oppenheimer & Co. Inc. to pay nearly $14 million to several victims of a...
Cove Capital Acquires Maryland Walgreens for Opportunistic Fund
May 10, 2023
Cove Capital Investments LLC, a private equity real estate firm and Delaware statutory trust sponsor, announced it completed the purchase...
Former RBC Wealth Management Advisor with $250 Million in Assets Joins Advisor Group
May 10, 2023
Advisor Group, one of the nation's largest networks of independent wealth management firms, announced that Tom Delich, founder of Delich...
SEC Charges Two for Facilitating Multi-Million Dollar Offering Fraud
May 10, 2023
The Securities and Exchange Commission charged Wayne McLean and Joan Powell in connection with a fraudulent scheme to sell purported...
SEC Files Emergency Action to Halt $155 Million Fraudulent Oil & Gas Offering
May 9, 2023
The Securities and Exchange Commission announced that it filed an emergency action in U.S. District Court for the Western District...
Capital Square Fully Subscribes Georgia DST Offering
May 9, 2023
Capital Square, a sponsor of tax-advantaged real estate investments, announced that its offering, CS1031 Lakeside on Riverwatch Apartments DST, has...
FINRA Censures and Fines Centaurus Financial
May 9, 2023
The Financial Industry Regulatory Authority censured and fined broker-dealer and investment adviser Centaurus Financial Inc. and suspended and fined Donnie...
LPL Adds Father/Son Advisor Duo with $210 Million in Assets from Wells Fargo
May 9, 2023
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that a father/son duo of financial advisors, Jeffrey and Justin Katz,...
AR Global Rebuffed by Federal Judge in Fight Against Blackwells Capital
May 8, 2023
Blackwells Capital LLC, was vindicated last week by a New York federal judge who rejected The Necessity Retail REIT Inc....
Court Reaches Final Judgment Against Sponsor of OZ Investment Scheme
May 8, 2023
The U.S. District Court for the Southern District of New York last week entered a final judgment against Joshua Burrell,...
Former Securities America Firm with $400 Million in Assets Joins LPL
May 8, 2023
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisors Thomas Reynolds and Kathleen Gfrorer of Landmark Capital...
SmartStop Self Storage Recommends Shareholders Reject CMG Tender Offer
May 8, 2023
The board of SmartStop Self Storage REIT Inc., a publicly registered non-traded real estate investment trust, sent a letter to...
Newly Appointed Silver Star CEO Resigns
May 5, 2023
Silver Star Properties REIT Inc., a publicly registered non-traded real estate investment trust formerly known as Hartman Short Term Income...
Financial Advisor with $300 Million in Assets joins LPL
May 5, 2023
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisor Nate Carlon of Carlon Wealth Advisors has joined...
Origin Investments Closes OZ Fund; Plans to Launch Another
May 5, 2023
Origin Investments, a real estate fund manager, announced the final close of Origin Qualified Opportunity Zone Fund II after raising...
SEC Charges Florida Man with Operating Ponzi Scheme That Targeted Black Community
May 5, 2023
The Securities and Exchange Commission filed charges against Cedric Dewayne Griffin alleging that he raised approximately $5.9 million from at...
NAV REIT Index Declines by 1% in First Quarter of 2023
May 4, 2023
Net asset value real estate investment trusts had a combined aggregate net asset value of over $107 billion as of...
FINRA Adopts Change to BrokerCheck that Discloses Restricted Firms
May 4, 2023
The Financial Industry Regulatory Authority announced that the agency has adopted amendments to Rule 8312, the FINRA BrokerCheck Disclosure, to...
SREIT Provides Quarterly Update for the First Quarter of 2023
May 4, 2023
Starwood Real Estate Income Trust Inc., a publicly registered non-traded real estate investment trust sponsored by Starwood Capital Group, provided...
