Caliber Opportunity Zone Fund Buys Arizona Office Property
December 31, 2019
Caliber, a full-service real estate investment company based in Scottsdale, has closed on a 50,000 square-foot building in a Mesa,...
Stephanie Adamson
Articles
Strategic Wireless Adds Indianapolis Cell Tower to Portfolio
December 31, 2019
Strategic Wireless Infrastructure Funds Management LLC, an investment manager focused on telecom infrastructure assets, has purchased a multi-tenant tower located...
Massachusetts Fines Next Financial Group $150,000 Over Unsuitable REIT Sales
December 30, 2019
The Massachusetts Securities Division has fined Texas-based broker-dealer and investment adviser, NEXT Financial Group $150,000 over unsuitable sales of non-traded...
Two Cantor Fitzgerald REITs Name New CFO, Treasurer, and Director
December 30, 2019
Rodin Global Property Trust Inc. and Rodin Income Trust Inc., two real estate investment trusts sponsored by Cantor Fitzgerald Investors,...
GWG Holdings Hires Vice President of Due Diligence
December 30, 2019
GWG Holdings Inc. (NASDAQ: GWGH), a sponsor of non-traded life settlement investment programs, has hired Christina Granada as its vice...
Phillips Edison & Company Secures $200 Million Secured Debt Facility
December 30, 2019
Phillips Edison & Company Inc., an internally managed real estate investment trust that invests in grocery-anchored shopping centers, has secured...
FINRA Files Complaint Against Broker for Unsuitable REIT and BDC Investments
December 27, 2019
The Financial Industry Regulatory Authority has filed a complaint against Southeast Investments broker Mercer Hicks III, aka Toby Hicks, alleging...
KBS REIT III Declares NAV Per Share
December 27, 2019
The board of KBS Real Estate Investment Trust III Inc., a publicly registered non-traded real estate investment trust, has approved...
Starwood REIT Buys Salt Lake City Multifamily Property
December 27, 2019
Starwood Real Estate Income Trust Inc, a perpetual-life monthly NAV REIT sponsored by private investment firm Starwood Capital Group, has...
Private Equity-Backed Wealth Enhancement Group to Buy $990 Million Hybrid
December 27, 2019
Wealth Enhancement Group, an independent wealth management firm that oversees $15.1 billion in client assets, has agreed to purchase BPU...
Cole Office & Industrial REIT Declares Special Distribution
December 26, 2019
The board of Cole Office & Industrial REIT Inc. (CCIT II), a publicly registered non-traded real estate investment trust, has...
Rich Uncles REITs Shareholders Approve Merger
December 26, 2019
Shareholders of RW Holdings NNN REIT Inc., a publicly registered non-traded real estate investment trust also known as Rich Uncles...
Strategic Capital Hires Former Digital Realty Trust Exec to Run Data Center Platform
December 26, 2019
Strategic Capital Fund Management, an alternative investment product sponsor and asset management arm affiliated with SC Distributors, has hired Bryan...
Strategic Storage Trust IV Buys First Self Storage Facility in the Phoenix Area
December 26, 2019
Strategic Storage Trust IV Inc., a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self...
Treasury Releases Final Rules on Opportunity Zones
December 24, 2019
The U.S. Treasury Department and the Internal Revenue Service have issued final regulations implementing the opportunity zone tax incentive. Opportunity zones,...
Blackstone REIT Increases Monthly NAV Per Share
December 24, 2019
Blackstone Real Estate Income Trust, a publicly registered non-traded REIT sponsored by private equity giant The Blackstone Group (NYSE: BX),...
RREEF Property Trust Buys Industrial Distribution Center Near Seattle
December 24, 2019
RREEF Property Trust Inc. (NASDAQ: ZRPTAX; ZRPTIX; ZRPTTX), a publicly registered, daily NAV REIT advised by DWS Group, has purchased...
Capital Square Launches OZ Fund for Third Richmond Multifamily Development
December 24, 2019
Capital Square, a sponsor of tax-advantaged real estate investments, has launched CSRA Opportunity Zone Fund III LLC. The project-specific opportunity...
SEC Charges Recidivist Investment Adviser with Defrauding Retirees
December 23, 2019
The Securities and Exchange Commission has charged Sacramento, California-based investment adviser firm Springer Investment Management Inc., doing business as Springer...
Carter Validus Mission Critical REIT II Lowers Net Asset Value
December 23, 2019
The board of Carter Validus Mission Critical REIT II Inc., a publicly registered non-traded real estate investment trust, approved an...
