Wells Fargo to Sell Asset Management Arm to Two Private Equity Firms
February 24, 2021
Wells Fargo & Company (NYSE: WFC) has agreed to sell Wells Fargo Asset Management to private equity firms GTCR LLC...
Stephanie Adamson
Articles
Red Oak Funds Bridge Loan for Las Vegas Office Complex
February 24, 2021
Red Oak Financial, a Michigan-based commercial real estate finance company, has funded an $8.4 million bridge loan for Centennial Office,...
CNL Healthcare Urges Shareholders to Reject Comrit Tender Offer
February 24, 2021
CNL Healthcare Properties Inc., a publicly registered non-traded real estate investment trust focused on senior housing, has recommended that shareholders...
Two AR Global REITs Appoint New CFO Following Resignation
February 23, 2021
Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, and American Finance Trust (Nasdaq:...
SEC Obtains Judgment Against Former LPL Broker that Ran $5 Million Ponzi Scheme
February 23, 2021
The Securities and Exchange Commission has obtained a final judgement against James T. Booth, a former LPL Financial broker who...
Hines Global Income Trust Buys Office R&D Property in Silicon Valley
February 23, 2021
Hines Global Income Trust Inc., a publicly registered non-traded real estate investment trust, has purchased 5301 Patrick Henry Drive, a...
Aurora Securities Names President and Chief Compliance Officer
February 23, 2021
Aurora Securities Inc., an independent broker-dealer, has hired Lori Kamen to serve as its president and chief compliance officer. She...
1031 Exchange Programs Raise $3.2 Billion in 2020
February 22, 2021
Securitized 1031 exchange offerings raised just shy of $3.2 billion in 2020, down from last year's total of nearly $3.5...
Black Creek Industrial REIT IV Declares Monthly NAV Per Share
February 22, 2021
Black Creek Industrial REIT IV Inc., a publicly registered non-traded real estate investment trust, has updated the monthly per share...
Phillips Edison Buys Minnesota Shopping Center
February 22, 2021
Phillips Edison & Company, Inc., an internally managed non-traded real estate investment trust focused on grocery-anchored shopping centers, has purchased...
Cetera’s Farpointe Wealth Partners Recruits $190 Million Team
February 22, 2021
Farpointe Wealth Partners LLC, an independent financial advice firm within the Cetera network, has added Schexnayder Wealth Advisors, a $190...
JLL Income Property Trust Fully Subscribes Third DST Offering
February 19, 2021
JLL Income Property Trust, a daily net asset value real estate investment trust, has fully subscribed its $33 million 1031...
SEC Bars Longtime Broker Sentenced to 170 Months in Prison
February 19, 2021
The Securities and Exchange Commission has barred 60-year-old former broker, Steven Pagartanis, who was sentenced to 170 months in prison...
FS Credit REIT Declares Monthly NAV Per Share, Provides Portfolio Update
February 19, 2021
FS Credit Real Estate Income Trust Inc., a monthly NAV REIT sponsored by FS Investments, has declared a monthly net...
Comrit Launches Unsolicited Tender Offer for Shares of CNL Healthcare
February 19, 2021
Comrit Investments 1 LP, a Tel Aviv-based investment fund, has launched an unsolicited tender offer to purchase up to 8.8...
Team with $350 Million in Client Assets Returns to LPL Financial
February 19, 2021
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that New Jersey-based Foran Financial Group has returned to the firm....
Starwood REIT Declares NAV Per Share for January 2021
February 18, 2021
Starwood Real Estate Income Trust, Inc, a perpetual-life monthly NAV REIT sponsored by private investment firm Starwood Capital Group, updated...
FINRA Suspends Two Former Transamerica Reps for Designating Themselves as VA Beneficiaries
February 18, 2021
The Financial Industry Regulatory Authority has fined and suspended former Transamerica registered representatives, Wenru Liang and Jenny Xinfang Feng, who...
Urban Catalyst Launches Second Opportunity Zone Fund
February 18, 2021
Urban Catalyst, a San Jose-based opportunity zone fund sponsor, has launched its second real estate fund, Urban Catalyst Opportunity Zone...
iCapital and CAIA Launch Alts Education Program for Financial Advisors
February 18, 2021
iCapital Network, a financial technology platform focused on alternative investing for the asset and wealth management industries, and Chartered Alternative...
