Dan Alper Joins GPB Capital as Senior Advisor for Retail Energy Strategy
September 7, 2017
GPB Capital, a New York-based asset management firm, has appointed Dan Alper, former CEO of Major Energy Services LLC, as...
Stephanie Adamson
Articles
Dividend Capital Restructures with New Name and Lower Fees
September 6, 2017
Black Creek Diversified Property Fund Inc., a daily NAV REIT formerly known as Dividend Capital Diversified Property Fund (NASDAQ: ZDPFAX;...
Colony NorthStar sheds ‘Non-Core’ Townsend Group
September 6, 2017
Colony NorthStar Inc. (NYSE: CLNS), a real estate and investment management firm, has entered into a definitive agreement to sell...
Sen. Warren Blasts Proposed DOL Fiduciary Rule Delay
September 6, 2017
Senator Elizabeth Warren (D-Mass) sent a letter to Labor Secretary Alexander Acosta urging him not to delay the remaining provisions...
KBS Strategic Opportunity REIT II JV to Buy Phoenix Office Portfolio for $33 Million
September 6, 2017
KBS Strategic Opportunity REIT II Inc., a publicly registered non-traded real estate investment trust, has agreed to purchase Grace Court,...
Phillips Edison Grocery Center REITs Cut Ties with AR Global Advisors
September 5, 2017
Phillips Edison Grocery Center REIT I Inc. and Phillips Edison Grocery Center REIT II Inc., two publicly registered non-traded REITs,...
SEC Charges Broker with Defrauding Elderly Customers of $1 Million
September 5, 2017
The Securities and Exchange Commission has charged Connecticut-based broker and investment adviser Leon Vaccarelli and his company with fraudulently persuading...
First Capital BDC Replaces Accounting Firm and Appoints New Senior Executives
September 5, 2017
First Capital Investment Corporation, a publicly registered non-traded business development company, has replaced RSM US LLP as the company’s independent...
KBS Growth & Income REIT to Buy Historic Chicago Office Property for $44 Million
September 5, 2017
KBS Growth & Income REIT Inc., a publicly registered non-traded real estate investment trust, signed an agreement to purchase 213...
First Capital REIT Subsidiaries Declaring Bankruptcy
June 12, 2017
A number of indirect subsidiaries of First Capital Real Estate Trust, a publicly registered non-traded REIT, have filed for relief...
Triad Advisors Hires Cetera’s Former Chief Compliance Officer
June 12, 2017
Triad Advisors Inc., a hybrid independent broker-dealer, announced that industry executive Bernie Breton joined the company as chief compliance officer....
Hamilton Point Buys Multifamily Property Near Memphis
June 12, 2017
HPI Real Estate Fund V LLC, a $100 million real estate private equity fund sponsored by Hamilton Point Investments, purchased...
FINRA Fines Ameriprise Rep for Unsuitable MLP Investment
June 12, 2017
The Financial Industry Regulatory Authority fined 22-year Ameriprise veteran advisor Geraldine Gordon for recommending a client invest half of her...
House Passes Legislation to Halt DOL Fiduciary Rule
June 9, 2017
The House approved legislation on Thursday that seeks to repeal certain Dodd-Frank banking and securities regulations, as well as the...
Cole REITs Name New VP of Accounting
June 9, 2017
The boards of five non-traded real estate investment trusts sponsored by Cole Capital appointed Jeffrey Smith as the vice president...
Houston-Area Adviser Pleads Guilty in $1.9 Million Fraud
June 9, 2017
Lawrence Allen DeShetler, an investment adviser and certified financial planner in The Woodlands, Texas pleaded guilty to mail fraud in...
SEC Names New Enforcement Co-Directors
June 9, 2017
The Securities and Exchange Commission named acting director of the division of enforcement Stephanie Avakian and former federal prosecutor Steven...
Labor Secretary Indicates that Changes Are Coming to Fiduciary Rule
June 8, 2017
Labor Secretary Alexander Acosta sat before a House Appropriations subcommittee during a budget hearing on Wednesday and suggested that the...
KBS Strategic Opportunity REIT II Declares Net Asset Value
June 8, 2017
The board of KBS Strategic Opportunity REIT II Inc., a publicly registered non-traded real estate investment trust, approved an estimated...
Cetera to Utilize Facial Recognition Software for Financial Advisors and Clients
June 8, 2017
Cetera Financial Group, an independent broker-dealer network, is launching a new facial recognition software named Decipher to be used by...
