LPL Financial Adds $640 Million Stofan Agazzi Investments
December 21, 2018
LPL Financial LLC, the nation’s largest independent broker-dealer, has added Stofan Agazzi Investments LLC to its broker-dealer and corporate registered...
Stephanie Adamson
Articles
SEC Charges 13 Unregistered Brokers for Selling Woodbridge Securities to Retail Investors
December 20, 2018
The Securities and Exchange Commission has charged an additional 13 individuals and 10 companies for unlawfully selling securities of Woodbridge...
$750 Million Cottonwood REIT Breaks Escrow
December 20, 2018
Cottonwood Communities Inc., a publicly registered non-traded real estate investment trust sponsored by Cottonwood Residential, has reached the minimum offering...
ExchangeRight Fully Subscribes $93.2 Million DST Offering, Increases AUM to $1.7 Billion
December 20, 2018
ExchangeRight Real Estate LLC, a sponsor of 1031 exchange investments, has fully subscribed Net Leased Portfolio 23 DST, a Reg...
U.S. Energy Fund Sells Permian Basin Acreage to Devon Energy
December 20, 2018
Strategic Energy Income Fund V LP, a private placement acquisition fund sponsored by U.S. Energy Development Corporation, has sold a...
Resource Apartment REIT III Plans to Register Follow-On Offering
December 19, 2018
Resource Apartment REIT III, Inc., a publicly registered non-traded real estate investment trust, plans to file a registration statement for...
MacKenzie Concludes Tender Offer for Shares of CNL Healthcare Properties
December 19, 2018
MacKenzie Realty Capital Inc., a non-traded business development company, has completed its unsolicited tender offer for shares of CNL Healthcare...
Commonwealth Recruits $325 Million Team from LPL
December 19, 2018
Commonwealth Financial Network, the nation’s largest privately held registered investment adviser and independent broker-dealer, has added Daley Financial Partners of...
InvenTrust Buys Grocery-Anchored Center in Port Charlotte, Florida
December 19, 2018
InvenTrust Properties Corp., a publicly registered non-traded real estate investment trust, has purchased additional square footage at Peachland Promenade by...
Private Equity Firm Taps Goldman to Sell Kestra Financial
December 18, 2018
Private equity firm Stone Point Capital is planning to sell independent broker-dealer Kestra Financial Inc., less than three years after...
Preferred Apartment Communities Extends Closing Dates of Preferred Stock Offerings
December 18, 2018
The board of Preferred Apartment Communities Inc. (NYSE: APTS), a publicly traded REIT and sponsor of alternative investments, has approved...
SEC Sues Orange County Investment Adviser for Defrauding Clients
December 18, 2018
The Securities and Exchange Commission has charged a Laguna Niguel, California investment adviser with allegedly misappropriating client funds and misleading...
Capital Square 1031 Buys CompuCom Corporate Headquarters Near Charlotte
December 18, 2018
Capital Square 1031, a real estate investment and management firm specializing in Delaware statutory trust offerings, has purchase an approximately...
TH Real Estate Closes Industrial Reg D Fund with $330 Million Equity Raise
December 17, 2018
TH Real Estate, an affiliate of Nuveen – the investment management arm of TIAA, has closed the TH Real Estate...
CION Ares Interval Fund Reduces Fees
December 17, 2018
CION Ares Diversified Credit Fund, a closed-end interval fund, has reduced the incentive fee and management fee paid to its...
Resource Apartment REIT III to Buy Texas Multifamily Property for Nearly $25.9 Million
December 17, 2018
Resource Apartment REIT III Inc., a publicly registered non-traded real estate investment trust, has agreed to purchase an apartment community...
LPL Financial Nabs Former Cetera Trio with $185 Million in Client Assets
December 17, 2018
LPL Financial LLC, the nation’s largest independent broker-dealer, has added John Marshall & Associates Investment Center to its broker-dealer and...
Trump Launches Opportunity Zone Investment Council
December 14, 2018
President Donald Trump has signed an executive order establishing a White House council that will determine how to use taxpayer...
Four Cole Non-Traded REITs Name New Directors
December 14, 2018
Four Cole Capital non-traded real estate investment trusts have named two new directors following the resignation of Glenn Rufrano, effective...
InPoint Originates $24.6 Million First Mortgage Loan for Orlando Multifamily Property
December 14, 2018
InPoint Commercial Real Estate Income Inc., a commercial mortgage real estate investment trust sponsored by Inland Real Estate Investment Corporation...
