Bluerock DST Program Goes Full Cycle with 364% Total Return to Investors
June 18, 2019
Bluerock Value Exchange, a sponsor of syndicated 1031 exchange offerings, has sold the Residences of Stonebrook, a 320-unit apartment community...
Stephanie Adamson
Articles
KBS REIT II Declares Special Distribution
June 18, 2019
The board of KBS Real Estate Investment Trust II Inc., a publicly registered non-traded real estate investment trust, has declared...
Massachusetts Solicits Preliminary Comments on Proposed Fiduciary Rule
June 18, 2019
The Massachusetts Securities Division plans to enter the state fiduciary rulemaking ring and is seeking preliminary comment on a proposed...
Hines and Cresset-Diversified QOZ Fund to Build Denver Multifamily Development
June 18, 2019
Cresset-Diversified QOZ Fund, an opportunity zone fund launched by Cresset Partners and Diversified Real Estate Capital, and international real estate...
Phillips Edison Grocery Center REIT III Suspends Offering
June 17, 2019
The board of Phillips Edison Grocery Center REIT III Inc., a publicly registered non-traded real estate investment trust co-sponsored by...
Massachusetts Regulators Charge Company in $10 Million Ponzi Scheme That Targeted Employees
June 17, 2019
The Massachusetts Securities Division has charged a Rhode Island man with operating a Ponzi scheme which defrauded more than 40...
FSI Comments on New Jersey’s Proposed Fiduciary Rule
June 17, 2019
The Financial Services Institute, a trade group representing independent financial advisors and financial services firms, has submitted a 12-page comment...
JLL Income Property Trust Buys Dallas Industrial Distribution Center
June 17, 2019
JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), has purchased a Class A...
Atria Wealth Solutions Adds General Counsel to Executive Team
June 17, 2019
Atria Wealth Solutions, Inc. (Atria), a wealth management holding company, has hired Patricia Solfaro as general counsel. In this executive management...
Lightyear-backed Wealth Enhancement Group to Buy Hybrid with $1.3 Billion in Client Assets
June 14, 2019
Wealth Enhancement Group, an independent wealth management firm that oversees $11.3 billion in client assets, has agreed to purchase Planning...
Virtua Partners Breaks Ground on Tempe Opportunity Zone Project
June 14, 2019
Virtua Partners, the Scottsdale-based private equity firm, has broken ground on 90-unit apartment complex located in a Tempe, Arizona opportunity...
Phoenix American Hospitality Expands Sales Team with Two New Hires
June 14, 2019
Phoenix American Hospitality, a Dallas-based opportunistic hotel fund manager, has appointed Conan Porter as regional vice president and wholesaler for...
FINRA Bars Former LPL Rep
June 14, 2019
Financial Industry Regulatory Authority has barred former LPL Financial representative Jason Nelson for refusing to provide testimony to regulators in...
Inland Private Takes Another DST Program Full Cycle with 141% Total Return
June 13, 2019
Inland Private Capital Corporation, a sponsor of 1031 tax deferred exchanges, has sold Hurstbourne Estates Apartments, a 270-unit multifamily community...
Carter Validus REITs Name New Financial Exec Following Resignation of Todd Sakow
June 13, 2019
Carter Validus Mission Critical REIT Inc. and Carter Validus Mission Critical REIT II Inc., two affiliated publicly registered non-traded real...
LPL Financial Adds Former Oppenheimer Advisor with $220 Million in Client Assets
June 13, 2019
LPL Financial LLC, the nation’s largest independent broker-dealer, recruited J.R. Frenzel, a Bridgeport, West Virginia-based financial advisor who has aligned...
Resource Real Estate Opportunity REIT Urges Against Unsolicited Tender Offer
June 13, 2019
Resource Real Estate Opportunity REIT Inc., a publicly registered non-traded real estate investment trust, is urging investors to reject an...
Non-traded REIT Sales Surging in 2019
June 12, 2019
Robert A. Stanger & Company has reported that sales of non-traded REITs totaled $869 million in May. Year-to-date fundraising of...
Massachusetts Regulators Halt Million Dollar Real Estate Investment Scheme
June 12, 2019
The Massachusetts Securities Division has charged an Illinois man for selling unregistered securities to Massachusetts investors totaling nearly $1 million...
Highmore Launches $200 Million Real Estate Opportunity Zone Fund
June 12, 2019
Highmore, a global alternative asset manager, has launched a real estate opportunity zone fund in the first quarter of 2019...
