SEC Charges Founder of Bankrupt Advisory Firm with Fraud
June 25, 2019
The Securities and Exchange Commission has charged a founder and managing principal of a New York-based investment adviser for misappropriating...
Stephanie Adamson
Articles
Strategic Storage Trust IV Declares First Net Asset Value Per Share
June 25, 2019
The board of Strategic Storage Trust IV Inc., a publicly registered non-traded real estate investment trust, has approved an estimated...
Guest Contributor: Fun 1031/DST Facts You Should Know
June 25, 2019
Did you know that a “security” does not qualify for tax deferral under Section 1031 of the Internal Revenue Code? Did...
Steadfast Apartment REIT Remains Neutral in Latest Unsolicited Tender Offer
June 25, 2019
CMG Partners LLC and its affiliates have launched an unsolicited tender offer for 115,000 shares of Steadfast Apartment REIT Inc.,...
Blackstone REIT Forms Joint Venture with Publicly-Traded REIT to Buy $265 Million Portfolio
June 24, 2019
Blackstone Real Estate Income Trust, a publicly registered non-traded REIT sponsored by private equity giant The Blackstone Group (NYSE: BX),...
SEC Bars Ponzi Scheme Operator Sentenced to 13 Years in Prison
June 24, 2019
The U.S. District Court for the Eastern District of Virginia has entered a final judgment against a Virginia investment adviser...
ExchangeRight Expands Sales Team with Hire of Veteran SVP
June 24, 2019
ExchangeRight, a sponsor of 1031 exchanges and other alternative direct investment offerings, has hired David Gunnels as a new senior...
Mortar Capital Management Launches $25 Million Reg D Offering
June 24, 2019
Mortar Capital Management LLC, a New York-based real estate asset management firm, has launched its second fund offering, the Mortar...
Massachusetts Securities Division Launches Sweep of Marijuana-Related Offerings
June 21, 2019
The Massachusetts Securities Division plans will begin a sweep of the growing number of Massachusetts-based business entities that are raising...
Genstar-Backed Mercer Global Advisors Buys $510 Million AUM Firm
June 21, 2019
Mercer Global Advisors Inc., a registered investment advisor backed by Genstar Capital, has purchased Jackson Financial Management Inc., a large...
SC Distributors Hires Regional Vice President for its Great Lakes Territory
June 21, 2019
SC Distributors LLC, a wholesale distributor of alternative investment offerings, has hired Josh Teeters as regional vice president for its...
Nelson Partners Buys Student Housing Property Near the University of Arizona
June 21, 2019
Nelson Partners, a real estate investment firm that sponsors Delaware statutory trust and tenant-in-common 1031 exchange offerings, has purchased Wildcat...
FINRA Bars Former Cetera Advisors Rep
June 20, 2019
Financial Industry Regulatory Authority has barred former Cetera Advisors representative George C. Merhoff Jr. for failing to provide documents and...
Archon Private Equity Partners Hires Former Bluerock VP as Partner and Head of Retail Distribution
June 20, 2019
Archon Private Equity Partners, a private asset manager and investment firm, has hired 20-year industry veteran Ambrose Aston as a...
Owl Rock Capital Corporation II Increases Offering
June 20, 2019
Owl Rock Capital Corporation II, a non-traded business development company, has amended its registration statement to increase the number of...
U.S. Energy Invests in $49 Million Development in the Powder River Basin
June 20, 2019
U.S. Energy Development Corporation, a sponsor of direct-ownership oil and gas investments, has invested in a 9-well, $49 million development...
SEC Seeks Comments Regarding Potential Expansion of Private Placements
June 19, 2019
The Securities and Exchange Commission has requested public comment on ways to simplify and improve private securities offerings in order...
Blackstone REIT Increases Monthly NAV Per Share
June 19, 2019
Blackstone Real Estate Income Trust, a publicly registered non-traded REIT sponsored by private equity giant The Blackstone Group (NYSE: BX),...
SEC Fines Audit Firm KPMG $50 Million for “Astounding” Misconduct
June 19, 2019
The Securities and Exchange Commission has charged audit firm KPMG LLP with altering past audit work after receiving stolen information...
Former Cetera Team Returns to LPL
June 19, 2019
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that Salter Financial Group has returned to its broker-dealer and corporate...
