Industry Groups File Suit to Block DOL Fiduciary Rule
June 2, 2016
Industry trade groups have filed a lawsuit challenging the Department of Labor’s controversial fiduciary rule that was released in April. ...
Stephanie Adamson
Articles
No- and Low-Commission NTR Shares Reached a Record 39 Percent in 1Q16
June 2, 2016
Summit Investment Research, a new research and due diligence firm founded by Michael Stubben, recently released its Non-Listed REIT Equity...
JLL Income Property Trust Acquires Birmingham Multifamily Community for $73.3 Million
June 2, 2016
JLL Income Property Trust (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), a non-listed, daily valued perpetual life real estate investment trust, purchased...
SC Distributors Hires Michele Drummond and Others to Sales and Account Management Teams
June 2, 2016
SC Distributors LLC, a provider of select alternative investments to financial advisors and their clients, hired Michele Drummond as senior...
Three New Offerings Added to the AI Insight Platform
June 1, 2016
AI Insight, a leader in alternative investment education for broker-dealers and advisors, has activated three new offerings for training and...
AR Global Plan Blasted as “A Clear and Present Danger”
June 1, 2016
Editor’s Note: As reported by AltsWire, the planned roll-up of a number of non-traded REITs sponsored by AR Global, the successor...
Inland Private Capital Corporation Sells Illinois Retail Property for $25 Million
June 1, 2016
Inland Private Capital Corporation, a sponsor of 1031 tax deferred exchanges, sold Mariano’s Fresh Market in Elmhurst, Illinois, for $25...
Strategic Storage Growth Trust Acquires Phoenix Self Storage Development for $7 Million
June 1, 2016
Strategic Storage Growth Trust Inc., a publicly registered non-traded real estate investment trust, closed on its first “certificate of occupancy”...
ARC-Retail Investor Files Lawsuit to Block Proxy and Roll-up
May 31, 2016
The law firm of Kessler Topaz Meltzer & Check, LLP has filed a federal lawsuit on behalf of a shareholder...
Founding Partner Barbara Halper to Depart FactRight
May 31, 2016
Barbara Halper, JD, MBA, a founding partner of FactRight, will step down from day-to-day corporate operations later this year. FactRight...
Former Independent Director Continues to Blast AR Global
May 27, 2016
Dr. Robert Froehlich, who recently resigned as the lead independent director of two AR Global-sponsored non-traded REITs, submitted a follow-up...
Griffin-American Healthcare REIT IV Inks Deal to Acquire First Asset
May 27, 2016
Griffin-American Healthcare REIT IV has entered into an agreement to acquire Auburn Medical Office Building, an approximately 19,000-square-foot medical office...
KBS Hires Dominic Alto to Lead Florida Sales
May 27, 2016
KBS Capital Markets Group, a distributor of real estate-related investment products, has hired Dominic Alto as regional vice president. He...
Cetera Charts Independent Path Following Completion of RCS Bankruptcy
May 26, 2016
Following the conclusion of the RCS bankruptcy earlier this week, Cetera Financial Group, a network of independent broker-dealer firms, has...
Strategic Storage Growth Trust Buys Canadian Industrial Facility for $2.3 Million
May 26, 2016
Strategic Storage Growth Trust Inc., a publicly registered non-traded real estate investment trust, purchased an industrial facility in Ontario, Canada...
Hamilton Point Hires Randee Soriano as Senior Internal Wholesaler
May 26, 2016
Hamilton Point Investments, a sponsor of alternative investment offerings, hired Randee Soriano to serve as senior internal wholesaler. In her...
Senate Passes Roe Bill to Stop Fiduciary Rule, Obama Veto Likely
May 25, 2016
On Tuesday, the U.S. Senate voted on H.J. Res. 88, a joint resolution introduced by Rep. Phil Roe (R-TN) seeking...
KBS Strategic Opportunity REIT II Buys Silicon Valley Property for $51.5 Million
May 25, 2016
KBS Strategic Opportunity REIT II, a publicly registered non-traded real estate investment trust, purchased Lincoln Court, a three-story office building...
JLL Income Property Trust Buys Chicago Warehouse for $27.7 Million
May 25, 2016
JLL Income Property Trust (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), a non-listed, daily valued perpetual life REIT, has acquired Aurora Distribution...
C-III Capital Partners to Buy Resource America for $207 Million
May 24, 2016
Resource America, Inc. (NASDAQ: REXI), an asset management company and external advisor to four non-traded REITs, has entered into an...
