Watermark Residential to Build Multifamily Community Near Huntsville, Alabama
February 25, 2020
Watermark Residential, a multifamily developer and wholly owned affiliate of Thompson Thrift, has purchased 22.5 acres of land in the...
Stephanie Adamson
Articles
Former Woodbridge Broker Indicted for Alleged $9 Million Fraud on Elderly
February 25, 2020
The Texas State Securities Board announced that Brett Pittsenbargar, an Austin-based insurance agent who allegedly sold $9.3 million in fraudulent...
Megatel Hires Industry Veteran as Vice President of National Accounts
February 24, 2020
Megatel Capital Investment (MCI), the capital markets division of The Megatel Group, has hired Sean Boyd as vice president of...
Massachusetts Finalizes State Fiduciary Rule
February 24, 2020
Secretary of the Commonwealth William Galvin has filed regulations to impose a fiduciary conduct standard in Massachusetts. The new regulations...
Private Equity-Backed Wealth Enhancement Group Buys $1.3 Billion RIA
February 24, 2020
Wealth Enhancement Group, an independent wealth management firm that oversees $17 billion in client assets, has purchased JOYN Advisors Inc.,...
Resource Real Estate Opportunity REIT Partially Suspends Share Redemption Program
February 24, 2020
The board of Resource Real Estate Opportunity REIT Inc., a publicly registered non-traded real estate investment trust, has approved a...
Pacific Oak Strategic Opportunity REITs to Merge and Create $2.6 Billion REIT
February 21, 2020
Pacific Oak Strategic Opportunity REIT Inc. (POSOR I) and Pacific Oak Strategic Opportunity REIT II Inc. (POSOR II), two publicly...
Phoenix American Hospitality Adds Internal Wholesaler
February 21, 2020
Phoenix American Hospitality, a Dallas-based opportunistic hotel fund manager, has added Brad Cooke to its distribution team as an internal...
SEC Obtains Judgment Against Former Adviser Charged with Defrauding Retirees
February 21, 2020
A federal district court in Massachusetts entered a final judgment against Richard Cody, a former investment adviser and broker representative...
LPL Recruits Credit Union Wealth Management Practice from Cetera
February 21, 2020
LPL Financial LLC, the nation’s largest independent broker-dealer, has added Tarik Eldin and Mike Hastings with SCU Investment Services at...
Hatteras Sky Names Managing Director of Capital Markets
February 21, 2020
Hatteras Sky, a commercial real estate development firm focusing on tax-incentivized and conventional development, has named Jay Rosoff as managing...
Blackstone REIT Increases Monthly NAV Per Share
February 20, 2020
Blackstone Real Estate Income Trust, a publicly registered non-traded REIT sponsored by private equity giant The Blackstone Group (NYSE: BX),...
Hines Global Income Trust Sells Amazon Distro Facility to Publicly Traded REIT
February 20, 2020
Hines Global Income Trust Inc., a publicly registered non-traded real estate investment trust, has sold Goodyear Crossing II, a Class...
Resource Real Estate Opportunity REIT II Partially Suspends Share Redemption Program
February 20, 2020
The board of Resource Real Estate Opportunity REIT II Inc., a publicly registered non-traded real estate investment trust, has approved...
TruAmerica Multifamily Hires Senior Director of Acquisitions to Lead New Investment Initiative
February 20, 2020
TruAmerica Multifamily, a Los Angeles-based value-add multifamily investment firm, has established a Central U.S. headquarters office in Dallas under the...
Video: Investing Through 506(c) Offerings
February 20, 2020
At the most recent ADISA conference, AltsWire interviewed Louis Rogers, founder and chief executive officer of Capital Square, which specializes...
Bloomberg Plans to Restore DOL Fiduciary Rule if Elected
February 19, 2020
Former New York City mayor and presidential candidate Michael Bloomberg seeks to restore the Department of Labor’s now-defunct fiduciary rule,...
Shopoff and Contour Real Estate JV Buy Land on Las Vegas Strip to Build Luxury Hotel
February 19, 2020
A joint venture between Shopoff Realty Investments and Contour Real Estate has purchased nearly 5.3 acres of vacant land on...
Franklin Templeton to Buy Legg Mason for $4.5 Billion
February 19, 2020
Franklin Resources Inc. (NYSE: BEN), a global investment management organization operating as Franklin Templeton with approximately $688 billion in assets...
Ladenburg Thalmann Completes Merger with Advisor Group
February 19, 2020
Ladenburg Thalmann Financial Services Inc., a financial services company, has completed its merger with Advisor Group Inc., one of the...
