NB Private Capital Changes Name and Expands National Sales Team
January 11, 2021
NB Private Capital LLC, a real estate investment firm focused on student housing and a sponsor of private placement offerings,...
Stephanie Adamson
Articles
Alts Custodian Names New President
January 11, 2021
Nuview Trust Company, a custodian for self-directed alternative investments, has promoted Jason DeBono to president of the company. DeBono started...
Carter Multifamily Buys Apartment Community Near Jackson, Mississippi
January 11, 2021
Carter Multifamily, the sponsor of private placement offerings that invest in value-add multifamily assets, has purchased the 392-unit The Reserve...
Shopoff Reports Nearly $350 Million of Transactions in 2020
January 11, 2021
Shopoff Realty Investments, a manager of opportunistic and value-add real estate investments, has completed more than $347.7 million in real...
SEC Charges Utah Company, its Principals, and Two Recidivists with Securities Fraud
January 11, 2021
The Securities and Exchange Commission has settled charges against a Utah corporation, its principals, and two securities fraud recidivists for...
Capital Square Reports Record-Breaking Year in 2020
January 8, 2021
Capital Square, an investment sponsor specializing in tax-advantaged real estate offerings, announced that 2020 was a record-breaking year for the...
Flat Rock Opportunity Fund Increases Monthly Distribution
January 8, 2021
Flat Rock Opportunity Fund, a closed-end interval fund that invests in collateralized loan obligations, has increased its monthly distribution to...
Red Oak Provides Financing for Detroit Riverfront Building Purchase
January 8, 2021
Red Oak Financial, a Michigan-based commercial real estate finance company, funded a loan to Moceri Companies and 400 Monroe Associates...
Captrust Expands into Southwest Market with Latest RIA Purchase
January 8, 2021
Captrust Financial Advisors, an independent registered investment advisor, has purchased Phoenix-based MRA Associates, a 59-person firm with $3.3 billion in...
Scaramucci’s SkyBridge Enters Bitcoin Market with Latest Fund
January 7, 2021
SkyBridge Capital, a global alternative investment firm, has launched the SkyBridge Bitcoin Fund LP, which intends to provide accredited investors...
JLL Income Property Trust Buys Atlanta Multifamily Property Using UPREIT Structure
January 7, 2021
JLL Income Property Trust, a non-traded daily net asset value real estate investment trust, has purchased Siena Suwanee Town Center,...
RW Holdings NNN REIT Details Upcoming Company Changes
January 7, 2021
RW Holdings NNN REIT Inc., a publicly registered non-traded real estate investment trust formerly known as Rich Uncles NNN REIT...
LPL Financial Recruits Former Kestra Team
January 7, 2021
LPL Financial LLC, the nation’s largest independent broker-dealer, has added Florida-based FDR Financial Group Inc. to its broker-dealer and corporate...
Capital Square and Greystar Buy Land for OZ Multifamily Development
January 6, 2021
Capital Square, a sponsor of tax-advantaged real estate investments, and real estate company Greystar, have purchased nearly 2.3 acres of...
Griffin Capital Essential Asset REIT Sells California Office Building Leased to BofA
January 6, 2021
Griffin Capital Essential Asset REIT Inc., a publicly registered non-traded real estate investment trust, has sold a 207,900-square-foot office property...
Shopoff JV Buys California Office Campus
January 6, 2021
Shopoff Realty Investments, a manager of opportunistic and value-add real estate investments, and its co-investment partner, Praelium Commercial Real Estate,...
SEC Obtains Judgment Against Adviser Who Stole Millions from Clients
January 6, 2021
The Securities and Exchange Commission has obtained a final judgment against former Morgan Stanley Smith Barney broker, Barry F. Connell,...
FINRA Fines LPL $6.5 Million for “Supervisory Deficiencies”
January 5, 2021
The Financial Industry Regulatory Authority has issued a $6.5 million fine against LPL Financial, the nation’s largest independent broker-dealer, for...
Griffin Capital Essential Asset REIT’s Chief Legal Officer and Secretary Resigns
January 5, 2021
Griffin Capital Essential Asset REIT Inc., a publicly registered non-traded real estate investment trust, reported that chief legal officer and...
Hightower Completes Largest RIA Purchase in 12-Year History
January 5, 2021
Hightower, a registered investment advisor, has purchased Bel Air Investment Advisors LLC, a Los Angeles-based RIA with $8 billion in...
