Inland Institutional Fund Acquires Pennsylvania Shopping Center
June 8, 2017
Inland Institutional Capital LLC announced that an institutional fund that it advises has acquired Lower Makefield Shopping Center, a grocery...
Stephanie Adamson
Articles
LPL to Limit Fees on Non-Traded REITs and BDCs
June 7, 2017
LPL Financial, the nation’s largest independent broker-dealer, is limiting sales commissions on certain illiquid investments in preparation for the Department...
Medley Launches $1 Billion Interval Fund
June 7, 2017
Medley Management (NYSE: MDLY) has launched the Sierra Total Return Fund (NASDAQ: SRNTX), a $1 billion interval fund, and is...
Resource Royalty Oil and Gas Fund Goes Full-Cycle
June 7, 2017
Resource Royalty Fund LLC, a Reg D oil and gas fund based in Dallas-Texas, has gone full cycle. According to...
Texas Securities Board Fines Firm for Falling for SPAM Emails
June 7, 2017
The Texas State Securities Board has fined and reprimanded a Chicago-based securities dealer whose compliance officer repeatedly wired funds to...
Steadfast and BNY Mellon Affiliate Launch $3 Billion Global Credit Fund
June 6, 2017
Steadfast Capital Markets Group and Alcentra NY LLC, a BNY Mellon investment boutique, launched the Steadfast Alcentra Global Credit Fund,...
Supreme Court Rules on SEC Disgorgement Statute of Limitations
June 6, 2017
The U.S. Supreme Court unanimously voted to reverse a Tenth Circuit ruling and held that the 5-year statute of limitations...
Mark Goldberg to Resign from W.P. Carey
June 6, 2017
W.P. Carey (NYSE: WPC), publicly traded real estate investment trust and sponsor of non-traded investment programs, announced that Mark Goldberg...
Rockspring Capital Buys 2.9-Acres in Downtown San Antonio
June 6, 2017
Rockspring Capital, a privately-owned real estate investment firm and Reg D fund sponsor, purchased a 2.9-acre tract in San Antonio...
Former Ameriprise Advisor Sentenced to 5 Years for Fake REIT Scheme
June 5, 2017
An Ohio financial advisor was sentenced to 60 months in prison for an investment fraud scheme that bilked his clients...
W.P. Carey REIT Buys Charlotte Marriott City Center
June 5, 2017
Carey Watermark Investors 2 Inc., a publicly registered non-traded real estate investment trust, purchased the Charlotte Marriott City Center in...
Steadfast Apartment REIT III Purchases Multifamily Community Near Dallas
June 5, 2017
Steadfast Apartment REIT III Inc., a publicly registered non-traded real estate investment trust, acquired The Pointe at Vista Ridge (formerly...
Strategic Storage Growth Trust Buys Florida Self Storage Facility
June 5, 2017
Strategic Storage Growth Trust Inc., a publicly registered non-traded REIT, purchased a newly constructed, 510-unit self storage facility in Sarasota,...
ARC NYC REIT Shareholders Urge Fellow Investors to Vote Against “Schorsch Control”
June 2, 2017
Cove Partners III LLC, a dissident shareholder of American Realty Capital New York City REIT Inc., issued a letter to...
S2K Financial Expands Sales Team with Four New Hires
June 2, 2017
S2K Financial, a wholesale broker-dealer, has hired Brendan McLaughlin, Kurt Gunderson, Felix Vera, and Michael Roman to its sales team. McLaughlin,...
SEC Engages in DOL Fiduciary Rule Debate, Seeks Public Comment
June 2, 2017
The Securities and Exchange Commission is entering the fiduciary rule debate and seeking the public’s input on standards of conduct...
JLL Income Property Trust Closes $250 Million Credit Facility
June 2, 2017
JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), has secured a $250 million...
Block Seeking to Prevent Testimony of “Cover Story” in ARCP Fraud Trial
June 1, 2017
Federal prosecutors have filed new documents in the criminal case against Brian Block, the former chief financial officer of American...
CNL Growth Continues Liquidation Plan with Latest Potential Sales
June 1, 2017
CNL Growth Properties, a publicly registered non-traded REIT, has agreed to sell three of its joint venture-owned Texas multifamily properties...
Shopoff Joint Venture Buys Future Apartment Site Near Los Angeles
June 1, 2017
Shopoff Realty Investments, a manager of opportunistic and value-add real estate investments, has acquired a 2.8-acre prime infill site in...
