SEC Charges Rep in $8 Million Scam Targeting Long-Standing Brokerage Customers
May 31, 2018
The Securities and Exchange Commission has charged Steven Pagartanis with defrauding long-standing brokerage customers in an $8 million investment scam...
Stephanie Adamson
Articles
The Parking REIT Declares Net Asset Value, Suspends Share Repurchase Plan
May 31, 2018
The board of The Parking REIT Inc., a publicly registered non-traded real estate investment trust, has approved an estimated per...
Triad Advisors Recruits $750 Million Advisory Firm from LPL Financial
May 31, 2018
Triad Advisors LLC, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE: LTS), has recruited Boston-area independent advisory...
RBC Partners with Artivest to Launch Digital Alts Platform
May 31, 2018
RBC Wealth Management U.S., a full-service wealth management firm, has launched a new digital alternative investment platform for high-net worth...
Israeli Investment Fund Offers $8.52 for Cole REIT Shares
May 30, 2018
Comrit Investments 1 LP, a Tel Aviv-based investment fund, has launched an unsolicited tender offer to purchase up to 3.4...
FINRA Bars Former Ameriprise Rep for Unauthorized Trades, Failure to Respond
May 30, 2018
The Financial Industry Regulatory Authority has barred a former Ameriprise Financial Services Inc. representative for failing to timely respond to...
KBS Appoints Co-Directors of Asset Management
May 30, 2018
KBS, a private equity real estate company and sponsor of non-traded direct investment programs, has appointed Brent Carroll and Giovanni...
ProEquities Appoints Former Lincoln Financial Exec to Lead Practice Management Group
May 30, 2018
ProEquities, Inc., an independent RIA and a broker-dealer, is launching a practice management group which the company said is “designed...
Flat Rock Global to Launch $100 Million Interval Fund
May 29, 2018
Flat Rock Global LLC, an alternative asset management firm, is planning to launch a $100 million interval fund named Flat...
Hartman Explains NAV Decline for Three REITs Involved in Proposed Merger
May 29, 2018
Hartman Short Term Income Properties XX Inc., Hartman Income REIT Inc., and Hartman Short Term Income Properties XIX Inc., three...
Passco Buys Class A Multifamily Property in Sarasota
May 29, 2018
Passco Companies LLC, a sponsor of 1031 Delaware statutory trusts and other alternative investments, has acquired a Class A multifamily...
Lightstone Value Plus REIT II Secures $140 Million Credit Facility
May 29, 2018
Lightstone Value Plus Real Estate Investment Trust II Inc., a publicly registered non-traded REIT, has secured a $140 million revolving...
Feds Arrest Former Royal Alliance Broker for $2 Million Fraud Against Elderly Clients
May 25, 2018
A former Royal Alliance broker was indicted and arrested by federal agents yesterday for allegedly stealing more than $2.1 million...
Summit: Perpetual Life REITs Raised 75% of Total Non-Traded REIT Equity in 1Q18
May 25, 2018
Non-traded real estate investment trusts raised a total of $919 million in capital in the first quarter of 2018, according...
Black Creek Industrial REIT IV to Buy $46 Million Florida Industrial Property
May 25, 2018
Black Creek Industrial REIT IV Inc., a publicly registered non-traded real estate investment trust, has agreed to purchase Park 429 Logistics...
Kestra Private Adds Another Former Wells Fargo Advisors Team
May 25, 2018
Kestra Private Wealth Services LLC, a registered investment adviser subsidiary of Kestra Financial Inc., has added St. Louis-based Undivided Wealth...
Private Equity Firm Acquires Compliance Software Provider “RIA in a Box,” Appoints New Executive Chairman
May 24, 2018
Aquiline Capital Partners LLC, a New York-based private equity firm investing in financial services and technology, has acquired software service...
FINRA Fines Former MSI Broker for Giving Client Information to Fired Son
May 24, 2018
The Financial Industry Regulatory Authority has suspended and fined a former MSI Financial Services Inc. broker for allegedly giving non-public,...
KBS Strategic Opportunity REIT Releases Preliminary Results of $90 Million Self-Tender Offer
May 24, 2018
KBS Strategic Opportunity REIT, a non-traded real estate investment trust, has released the preliminary results of its $90 million self-tender...
Strategic Storage Trust IV Buys Self Storage Facility Near Tacoma
May 24, 2018
Strategic Storage Trust IV Inc., a publicly registered non-traded real estate investment trust sponsored by SmartStop Asset Management LLC, has...
