Galvin Launches Investigation of Private Placement Sales by “Bad Actors”
July 6, 2018
Secretary of the Commonwealth William Galvin, the securities regulator in Massachusetts, has launched an investigation into sales practices in connection...
Stephanie Adamson
Articles
Strategic Storage Trust II Buys Land to Develop 990-Unit Self Storage Facility in Toronto, Canada
July 6, 2018
Strategic Storage Trust II Inc., a publicly registered non-traded real estate investment trust sponsored by SmartStop Asset Management LLC, has...
UDF Executives Ordered to Pay $8.3 Million to Settle SEC Charges
July 5, 2018
The Securities and Exchange Commission has charged two real estate investment funds and four executives for allegedly misleading investors by...
Strategic Storage Growth Trust to Explore Liquidity Options
July 5, 2018
The board of Strategic Storage Growth Trust Inc., a publicly registered non-traded real estate investment trust sponsored by SmartStop Asset...
Resource Apartment REIT III Declares First Net Asset Value
July 5, 2018
The board of Resource Apartment REIT III, a publicly registered non-traded real estate investment trust, approved an estimated per share...
Griffin-American Healthcare REIT IV Joint Venture Buys Texas Assisted Living Facility
July 5, 2018
Griffin-American Healthcare REIT IV Inc., a publicly registered non-traded real estate investment trust co-sponsored by American Healthcare Investors and Griffin...
AR Global’s American Finance Trust Sets NASDAQ Listing Date
July 3, 2018
The board of American Finance Trust Inc., a publicly registered non-traded real estate investment trust, has approved a plan to...
SEC Fines Morgan Stanley $3.6 Million for Failing to Detect Misappropriation of Client Funds
July 3, 2018
The Securities and Exchange Commission has fined Morgan Stanley Smith Barney $3.6 million for failing to protect against its personnel...
Kingsbarn Realty Capital Buys Six-Property Portfolio for DST Offering
July 3, 2018
Private equity firm Kingsbarn Realty Capital has purchased a 50,000-square-foot portfolio of five dialysis centers and one Walgreens located in...
The Parking REIT Buys Parking Facilities in Honolulu and New Orleans
July 3, 2018
The Parking REIT Inc., a publicly registered non-traded real estate investment trust, has purchased a multi-level parking garage in Honolulu,...
Nelson Partners Expands Sales Team and Names Managing Broker-Dealer
July 2, 2018
Nelson Partners Student Housing, a new investment firm that focuses on student housing assets, has hired a number of sales...
LPL Nabs $415 Million Wealth Management Firm
July 2, 2018
LPL Financial LLC, the nation’s largest independent broker-dealer, has added Rockline Wealth Management to its broker-dealer and corporate registered investment...
Crypto Platform to Acquire New York-Based Broker-Dealer
July 2, 2018
Uphold, an exchange for digital currencies, has agreed to acquire New York-based broker-dealer, JNK Securities Corp. in a bid to...
GPB Capital Finalizes $52 Million Debt Investments in Two Companies
July 2, 2018
GPB Capital, an investment firm that provides senior secured loans to small and midsize businesses, recently completed a $21 million...
SEC Charges Texas Businessman and Others in Oil and Gas Ponzi Scheme
June 29, 2018
The Securities and Exchange Commission has charged Texas resident James VanBlaricum and six others with running an oil and gas...
Commonwealth Financial Names New President and COO
June 29, 2018
Commonwealth Financial Network, the nation’s largest privately held registered investment adviser and independent broker-dealer, announced that president and chief operating...
Carter Validus Mission Critical REIT II Sets Date for Follow-On Offering Close
June 29, 2018
Carter Validus Mission Critical REIT II Inc., a publicly registered non-traded real estate investment trust, plans to close its follow-on...
Black Creek Industrial REIT IV Buys California Distribution Center for $46 Million
June 29, 2018
Black Creek Industrial REIT IV Inc., a publicly registered non-traded real estate investment trust, has purchased Pescadero Distribution Center in...
FINRA Bars Broker for Improper REIT Recommendations
June 28, 2018
The Financial Industry Regulatory Authority has barred a former Independent Financial Group broker for making unsuitable alternative investment recommendations to...
NAPA President Named New Head of IFP Plan Advisors
June 28, 2018
Independent Financial Partners, a registered investment adviser and office of supervisory jurisdiction, has hired Jeff Acheson as divisional president of...
