FINRA Bars Merrill Lynch Broker Accused of Converting State Unemployment Funds
November 2, 2021
The Financial Industry Regulatory Authority has barred former Merrill Lynch broker, Daemon Johnson, after he allegedly failed to return nearly...
Stephanie Adamson
Articles
JLL Income Property Trust Reports Daily NAVs and Share Repurchase Update
November 2, 2021
Jones Lang LaSalle Income Property Trust, a daily net asset value real estate investment trust, has reported its daily share...
Proposal to Prohibit Alternatives in IRAs Removed from Build Back Better Framework
November 1, 2021
A controversial proposal that sought to prohibit holding alternative investments in an individual retirement account has been removed from the...
Bluerock Reports 165% Total Return Following Sale of Florida Multifamily DST Property
November 1, 2021
Bluerock Value Exchange, a sponsor of 1031 exchange offerings, has sold Beach House, a 228-unit multifamily community located in Jacksonville...
Comrit Completes Unsolicited Tender Offer for Shares of CIM Real Estate Finance Trust
November 1, 2021
Comrit Investments 1 LP, a Tel Aviv-based investment fund, has completed its unsolicited tender offer for shares of CIM Real...
SEC Obtains Final Judgment Against Sentenced Merrill Lynch Advisor
November 1, 2021
The Securities and Exchange Commission has obtained a final judgment against former Merrill Lynch financial adviser, Marcus Boggs, who was...
Blackstone REIT and Kimco to Jointly Own Six Sunbelt Shopping Centers
October 29, 2021
Kimco Realty Corp. (NYSE: KIM), a publicly traded real estate investment trust, has purchased the remaining 70 percent interest in...
SEC Charges Adviser with Stealing $3 Million to Pay Off Credit Cards, Buy Gold Coins
October 29, 2021
The Securities and Exchange Commission has charged Kenneth Welsh, a former New Jersey-based broker and investment adviser representative with stealing...
ExchangeRight Affiliate Telos Reports 11% Annual IRR with RV Resort Development
October 29, 2021
Telos Capital, a private equity real estate investment company and affiliate of alternative investment sponsor ExchangeRight, has brought its TCF2...
Greenbacker Buys Pair of Operational Wind Assets in Minnesota
October 29, 2021
Greenbacker Renewable Energy Company, a publicly registered, non-traded limited liability company, has purchased two operating wind assets in Murray County,...
Department of Labor Delays Fiduciary Rule Enforcement
October 28, 2021
The Department of Labor has delayed the implementation of its investment advice rule from December 20, 2021 until February 1,...
JLL Income Property Trust Buys Another Denver-Area Multifamily Property from Inland Private
October 28, 2021
JLL Income Property Trust, a daily net asset value real estate investment trust, has purchased Miramont Apartments in the Denver...
Hartman Income REIT Management Hires Regional Sales Director
October 28, 2021
Hartman Income REIT Management Inc., a sponsor of publicly registered non-traded real estate investment trusts, has hired Matthew Somers as...
RK Properties Buys South Carolina Multifamily Property for DST Offering
October 28, 2021
RK Properties, a sponsor of private placements and 1031 exchange offerings, has purchased Trailside Verdae, a newly developed 276-unit multifamily...
Inland Private Reports 219% Return with DST Multifamily Portfolio Sale
October 27, 2021
Inland Private Capital Corporation, a sponsor of 1031 tax deferred exchanges, has sold three multifamily properties for $206.4 million on...
Capital Square 1031 Buys Virginia Multifamily Property for DST Offering
October 27, 2021
Capital Square 1031, a sponsor of Delaware statutory trust offerings, has purchased a Class A, 339-unit multifamily community in Glen...
Hines Global Income Trust Buys Industrial Property in Prague
October 27, 2021
Hines Global Income Trust Inc., a publicly registered non-traded real estate investment trust, has purchased Eastgate Park, an industrial logistics...
Comrit Launches Unsolicited Tender Offer for Shares of CNL Healthcare
October 27, 2021
Comrit Investments 1 LP, a Tel Aviv-based investment fund, has launched an unsolicited tender offer to purchase up to 8.8...
Blackstone’s BDC Declares Monthly NAV Per Share
October 26, 2021
Blackstone Private Credit Fund, a non-traded business development company sponsored by private equity giant Blackstone (NYSE: BX), has declared its...
Invesco REIT Declares Monthly Net Asset Value Per Share
October 26, 2021
Invesco Real Estate Income Trust Inc., a publicly registered non-traded real estate investment trust, has declared its monthly net asset...
