Phoenix American Financial Services Hires Vice President of Fund Accounting
May 10, 2018
Phoenix American Financial Services Inc., a provider of transfer agent services for alternative investments, has hired Samuel Petrecky to serve...
Stephanie Adamson
Articles
Resource Income Opportunity REIT to Close Offering
May 9, 2018
The board of Resource Income Opportunity REIT, a publicly registered non-traded real estate investment trust, unanimously voted to terminate the...
Griffin Capital Essential Asset REIT Buys Distribution Center in Savannah, Georgia
May 9, 2018
Griffin Capital Essential Asset REIT Inc., a publicly registered non-traded real estate investment trust, has purchased the Shaw Distribution Center...
FINRA Fines Fifth Third Securities $4 Million for Unsuitable Variable Annuity Exchanges
May 9, 2018
The Financial Industry Regulatory Authority Inc. has fined Fifth Third Securities Inc. $4 million and required the firm to pay...
EP Wealth Names Patrick Goshtigian as CEO
May 9, 2018
EP Wealth Advisors LLC, a fee-only registered investment advisory and financial planning firm, has appointed Patrick Goshtigian to serve as...
Major Carter Validus REIT Tenant to Declare Bankruptcy
May 8, 2018
Carter Validus Mission Critical REIT Inc., a publicly registered non-traded real estate investment trust, disclosed that one of its major...
Black Creek Group Names Former Morgan Stanley Exec as First CEO
May 8, 2018
Black Creek Group, a real estate investment management firm and sponsor of non-traded direct investment programs, has appointed Raj Dhanda...
Commissioner Michael Piwowar to Resign from SEC
May 8, 2018
The Securities and Exchange Commission announced that commissioner Michael Piwowar plans to leave the agency at the end of his...
Shopoff Land Fund V Closes After $71 Million Equity Raise
May 8, 2018
Shopoff Realty Investments, a national manager of opportunistic and value-add real estate investments, has fully subscribed and closed its Shopoff...
LPL Nearly Doubles Earnings in 1Q18, Provides Update on NPH Acquisition
May 7, 2018
LPL Financial, the nation’s largest independent broker-dealer, announced its financial results for the first quarter ended March 31, 2018 and...
NorthStar Securities and S2K Complete Merger
May 7, 2018
NorthStar Securities LLC, the broker-dealer platform of Colony NorthStar Inc. (NYSE: CLNS), and S2K Financial Holdings LLC have completed the...
Carter Validus Mission Critical REIT II Expands Credit Facility to $700 Million
May 7, 2018
Carter Validus Mission Critical REIT II Inc., a publicly registered non-traded real estate investment trust, has increased the maximum commitments...
FINRA Suspends Former J.W. Cole Broker for Borrowing from Clients to Cover Gambling Losses
May 7, 2018
The Financial Industry Regulatory Authority has suspended a former J.W. Cole Financial broker for 18 months for borrowing money from...
AR Global’s American Finance Trust Obtains $415 Million Unsecured Credit Facility
May 4, 2018
American Finance Trust Inc., a publicly registered non-traded real estate investment trust, has entered into a new $415 million revolving...
SEC Shuts Down $85 Million Alleged Timber Rights Ponzi Scheme and Obtains Asset Freeze
May 4, 2018
A federal court in Jackson, Mississippi unsealed the SEC’s previously filed fraud charges against a Mississippi company and its principal...
Corporate Capital Trust II Names New CFO
May 4, 2018
The board of Corporate Capital Trust II, a publicly registered non-traded business development company advised by a partnership between FS...
Strategic Storage Growth Trust Buys 730-Unit Self Storage Facility in the Dallas-Fort Worth Metroplex
May 4, 2018
Strategic Storage Growth Trust Inc., a publicly registered non-traded real estate investment trust sponsored by SmartStop Asset Management LLC, has...
Fifth Circuit Denies AARP/States’ Fiduciary Rule Intervention Attempt
May 3, 2018
The Fifth Circuit Court of Appeals has rejected the motions submitted by the AARP and the attorneys general of California,...
LPL Fined $26 Million Over Sales of Unregistered Securities
May 3, 2018
LPL Financial LLC., the nation’s largest independent broker-dealer, will pay a settlement totaling $26 million over the sale of unregistered...
Griffin-American Healthcare REIT IV Buys Medical Office Building Near Phoenix
May 3, 2018
Griffin-American Healthcare REIT IV Inc., a publicly registered non-traded real estate investment trust, has purchased Surprise Medical Office Building located...
