Carter Validus Mission Critical REITs to Merge in $3.2 Billion Deal
April 12, 2019
Carter Validus Mission Critical REIT Inc. (CVMC REIT I) and Carter Validus Mission Critical REIT II Inc. (CVMC REIT II),...
Stephanie Adamson
Articles
Texas Fines LPL Financial $450,000 for Selling Unregistered Securities
April 12, 2019
LPL Financial LLC, the nation’s largest independent broker-dealer, was fined $450,000 by the State of Texas and ordered to repurchase...
W.P. Carey REIT Increases Net Asset Value
April 12, 2019
The board of Carey Watermark Investors 2 Inc., a publicly registered non-traded real estate investment trust sponsored by W.P. Carey...
LPL Adds Former Voya Team to Platform
April 12, 2019
LPL Financial LLC, the nation’s largest independent broker-dealer, has added O&R Partners, made up of financial advisors Dave Olivieri and...
Non-Traded REIT Fundraising Up Significantly
April 11, 2019
Sales of non-traded REITs totaled more than $1.8 billion during the first quarter of 2019, up 30 percent compared to...
Cole Office & Industrial REIT Sells 18 Properties to Public REIT for $625 Million
April 11, 2019
Cole Office & Industrial REIT (CCIT II) Inc., a publicly registered non-traded real estate investment trust, has sold 18 industrial...
FINRA Fines Former Growth Capital Services Broker for Allegedly Forging CEO’s Signature
April 11, 2019
The Financial Industry Regulatory Authority has suspended and fined John Robert White, a former Growth Capital Services broker, for allegedly...
Lightstone Launches Tech-Related Real Estate Investment Platform
April 11, 2019
Lightstone, a real estate investor, developer and sponsor of alternative direct investments, has launched a new platform to purchase telecommunications...
Principal Financial Group to Buy Wells Fargo Retirement Unit for $1.2 Billion
April 10, 2019
Wells Fargo & Company (NYSE: WFC) has agreed to sell its retirement plan services unit to Principal Financial Group (Nasdaq:...
Cetera to Acquire Assets of Foresters’ Brokerage and Advisory Business
April 10, 2019
Cetera, a network of independent broker-dealer firms, has entered into a definitive agreement to purchase select assets of Foresters Financial's U.S....
Vereit Settles Additional ARCP-Related Lawsuits
April 10, 2019
Vereit Inc. (NYSE: VER), a publicly traded REIT formerly known as American Realty Capital Properties (ARCP), has entered into additional...
Everest REIT Investors Completes Carey Watermark Investors Tender Offer
April 10, 2019
Everest REIT Investors I LLC, a private real estate investment firm, has completed its unsolicited tender offer for shares of...
Griffin-American Healthcare REIT IV Declares New NAV Per Share
April 9, 2019
The board of Griffin-American Healthcare REIT IV Inc., a publicly registered non-traded real estate investment trust co-sponsored by American Healthcare...
CM Pacific Capital Adds Camp Cuthrell and Omar Limon to Sales Team
April 9, 2019
CM Pacific Capital, a capital markets and distribution platform of tax structured real estate investments that include Delaware statutory trusts...
M31 Capital Launches Opportunity Zone Fund to Invest in the San Francisco Bay Area
April 9, 2019
M31 Capital, a real estate investment firm, announced that its affiliate Morpheus General Partner LLC has launched its first opportunity...
Stira Alcentra Global Credit Fund Schedules Shareholder Vote for Priority Income Fund Merger
April 9, 2019
Stira Alcentra Global Credit Fund, a closed-end fund formerly known as Steadfast Alcentra Global Credit Fund, has scheduled its special...
KMS Financial Services Names New Chief Executive Officer
April 8, 2019
KMS Financial Services Inc., an independent advisory and brokerage firm and wholly-owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE:...
Decennial Group Launches $1 Billion Opportunity Zones Platform
April 8, 2019
A group of Chicago-based real estate developers have launched Decennial Group, an investment and development platform that focuses on commercial,...
BDCA Chief Financial Officer and Treasurer to Resign in July
April 8, 2019
Business Development Corporation of America, a non-traded business development company, announced that Corinne Pankovcin is resigning from her position as...
Lightyear-Backed Wealth Enhancement Group to Buy Third Philadelphia Advisory Practice
April 8, 2019
Wealth Enhancement Group, an independent wealth management firm that oversees $10.4 billion in client assets, has signed a definitive agreement...
