Former Cetera Broker Sentenced to Federal Prison for Fraud
June 7, 2021
A former Cetera Advisor Networks broker who defrauded clients out of more than $1 million has been sentenced to five...
Stephanie Adamson
Articles
RK Properties Fully Subscribes Latest Delaware Statutory Trust Offering
June 7, 2021
RK Properties, a sponsor of alternative private placements and 1031 exchange offerings, has fully subscribed its $36.5 million Delaware statutory...
Wealth Enhancement Group to Buy $1.5 Billion Philadelphia-Area RIA
June 7, 2021
Wealth Enhancement Group, an independent wealth management firm backed by private equity firm TA Associates, has purchased Hoover Financial Advisors,...
SmartStop Self Storage REIT Buys Southern California Self-Storage Facility
June 7, 2021
SmartStop Self Storage REIT Inc., a publicly registered non-traded real estate investment trust, has purchased a self-storage facility in Riverside,...
Starwood REIT’s $10 Billion Follow-On Offering Declared Effective
June 4, 2021
The $10 billion follow-on offering for Starwood Real Estate Income Trust Inc, a publicly registered non-traded real estate investment trust...
Black Creek Industrial REIT IV to Buy $920 Million Portfolio from Prologis Fund
June 4, 2021
Black Creek Industrial REIT IV Inc., a publicly registered non-traded real estate investment trust, signed an agreement to purchase a...
Centaurus to Pay $1.3 Million to Settle SEC Charges
June 4, 2021
The Securities and Exchange Commission has ordered Centaurus Financial Inc., a dually registered investment adviser and broker-dealer, to pay nearly...
Capital Square Apartment REIT Buys Multifamily Community Near Richmond, Virginia
June 4, 2021
Capital Square Apartment REIT Inc., a Regulation D real estate investment trust, has purchased Sapphire at Centerpointe, a 192-unit multifamily...
Shopoff Breaks Ground on Logistics Center in Southern California
June 4, 2021
Shopoff Realty Investments, a manager of opportunistic and value-add real estate investments, has broken ground on its I-10 Logistics Center...
Study Finds 1031 Exchanges Generate $7.8 Billion in Tax Revenue
June 3, 2021
As the Biden Administration proposes placing limits on a century-old tax deferral provision, a new research study conducted by Ernst...
Griffin-American Healthcare REIT III Reports First Quarter 2021 Results
June 3, 2021
Griffin-American Healthcare REIT III Inc., a publicly registered non-traded real estate investment trust co-sponsored by American Healthcare Investors and Griffin...
EJF Capital JV to Develop Multifamily Property in Downtown Nashville Opportunity Zone
June 3, 2021
EJF Capital LLC, an alternative asset management firm, has formed a joint venture with Chartwell Residential to invest $80 million...
LPL Financial Recruits Former Blucora Team
June 3, 2021
LPL Financial LLC, the nation’s largest independent broker-dealer, has added financial advisor Ashley Dusek and the team at Benchmark Financial...
SEC Charges Former LPL Broker with Stealing $2.9 Million from Clients
June 2, 2021
The Securities and Exchange Commission has charged Massachusetts-based investment adviser and former LPL Financial broker, James K. Couture, with defrauding...
Griffin-American Healthcare REIT IV Reports First Quarter 2021 Results
June 2, 2021
Griffin-American Healthcare REIT IV Inc., a publicly registered non-traded real estate investment trust co-sponsored by American Healthcare Investors and Griffin...
Sierra Income Corporation to Explore Strategic Alternatives Following Resignations
June 2, 2021
The board of Sierra Income Corporation, a non-traded business development company, has started a formal review process to evaluate strategic...
Four Springs Capital Trust Buys Another Amazon-Leased Industrial Property
June 2, 2021
Four Springs Capital Trust, a private real estate investment trust, has purchased MetCenter Building III, a last-mile distribution facility located...
Blackstone Private Credit Fund Declares Monthly NAV Per Share and Portfolio Update
June 1, 2021
Blackstone Private Credit Fund, a recently launched non-traded business development company sponsored by Blackstone, has declared a monthly net asset...
Cottonwood Communities Determines First Net Asset Value Per Share
June 1, 2021
Cottonwood Communities Inc., a publicly registered non-traded real estate investment trust, has declared a net asset value per share of...
Legendary Capital Sponsors Holiday Inn Acquisition in UPREIT Transaction
June 1, 2021
Legendary Capital, a sponsor of non-traded real estate investment trusts and other alternative investment offerings, has sponsored a 175-room Holiday...
