Wentworth Buys Purshe Kaplan
December 6, 2017
Albany, New York-based independent broker-dealer Purshe Kaplan Sterling Investments was acquired by Wentworth Management Services LLC, a holding company that...
Stephanie Adamson
Articles
Kestra Acquires H. Beck
December 6, 2017
Independent advisor platform Kestra Financial Inc. has completed the acquisition of H. Beck Inc., an independent financial advisor with...
Phoenix American Financial Services Hires Chief Risk and Compliance Officer
December 6, 2017
Phoenix American Financial Services, a provider of transfer agent services for alternative investments, has hired Ned Montenecourt as the company’s...
Griffin Capital Essential Asset REIT Buys LPL Corporate Campus in 1031 Exchange Deal
December 5, 2017
Griffin Capital Essential Asset REIT Inc., a publicly registered non-traded real estate investment trust, has purchased the two-building LPL Financial...
IMS Securities Shutting Down
December 5, 2017
IMS Securities Inc., a Houston-based broker-dealer, is terminating its registration with FINRA and shutting down, according to the company’s BrokerCheck...
SEC Charges Financial Adviser with Aiding and Abetting Dawn Bennett’s Offering Fraud
December 5, 2017
The Securities and Exchange Commission has charged Bradley Mascho, a Maryland-based financial adviser and the onetime chief financial officer of...
Cottonwood Residential O.P. Increases Net Asset Value
December 5, 2017
Cottonwood Residential Operating Partnership LP, the operating partnership of private REIT Cottonwood Residential Inc., has declared an estimated net asset...
Inland Residential to Stop Accepting Subscriptions on December 31
December 4, 2017
Inland Residential Properties Trust, Inc., a publicly registered non-traded real estate investment trust, will stop accepting subscription agreements after December...
Hines Global REIT II Amends Share Prices and Changes Name
December 4, 2017
Hines Global REIT II, a publicly registered non-traded real estate investment trust, amended its pre-effective registration statement with the...
BNY Mellon Survey: Political and Regulatory Uncertainty is the Main Challenge to Business
December 4, 2017
A new survey of financial professionals released by BNY Mellon’s Pershing reveals that the financial services industry has yet to...
Daniel Park Joins KBS as Senior Vice President and Asset Manager
December 4, 2017
KBS Realty Advisors, a private equity real estate company and registered investment advisor, has hired Daniel Park as senior vice...
Blackstone REIT Acquires $577 Million in November
December 1, 2017
Blackstone Real Estate Income Trust, a publicly registered non-traded REIT sponsored by private equity giant The Blackstone Group (NYSE:...
LPL Nabs $1.1 Billion NPH Hybrid
December 1, 2017
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that Discovery Financial Centers Inc. has joined its broker-dealer and registered...
MVP REIT II Buys Texas Parking Garage for $11 Million
December 1, 2017
MVP REIT II Inc., a publicly registered non-traded real estate investment trust, has purchased a multi-level parking garage in Lubbock,...
UDF Files Lawsuit in Response to Ponzi Allegations
November 30, 2017
United Development Funding’s family of funds have filed a lawsuit in a Texas court against well-known hedge fund manager Kyle...
Nexpoint Capital Announces Offering Close-out
November 30, 2017
The board of NexPoint Capital Inc., a publicly registered non-traded business development company sponsored by an affiliate of Highland Capital...
RK Properties Fully Subscribes First DST Offering
November 30, 2017
RK Properties, a sponsor of non-traded alternative investment offerings, has sold out $22.5 million in capital raised for RK Edwards...
ARC New York City REIT Executes Three New Leases at 123 William Street
November 30, 2017
American Realty Capital New York City REIT Inc., a publicly registered non-traded real estate investment trust, has entered into three...
Carter Validus Mission Critical REIT II Commences Follow-On Offering
November 29, 2017
The follow-on offering for Carter Validus Mission Critical REIT II Inc., a publicly registered non-traded real estate investment trust, has...
KBS REIT Sells Final Property
November 29, 2017
KBS Real Estate Investment Trust Inc., a publicly registered non-traded real estate investment trust, has sold the last real estate...
