W.P. Carey-Sponsored REIT Issues Revised Net Asset Value Per Share
December 10, 2020
Corporate Property Associates 18 – Global Inc., a publicly registered non-traded real estate investment trust managed by W.P. Carey Inc....
Stephanie Adamson
Articles
Skyway Capital Markets Expands Wholesaling Team
December 10, 2020
Skyway Capital Markets LLC, a boutique investment banking, managing broker-dealer and wholesale securities distribution firm, has hired John Napoleone as...
Wealth Enhancement Group to Buy $3.2 Billion RIA
December 10, 2020
Wealth Enhancement Group, an independent wealth management firm backed by TA Associates that oversees $22 billion in client assets, has...
FINRA Bars Longtime Broker for Selling Illegitimate Investments
December 10, 2020
Financial Industry Regulatory Authority has barred longtime broker, Michael Edward Magill, for allegedly participating in illegitimate investments that caused three...
Sila Realty Trust Increases Net Asset Value Per Share
December 9, 2020
The board of Sila Realty Trust Inc., a publicly registered, non-traded real estate investment trust, has declared a net asset...
NexPoint Launches Self-Storage Investment Platform
December 9, 2020
NexPoint, an alternative investment firm, has launched NexPoint Storage Partners, a real estate investment platform dedicated to originating, executing, financing,...
ExchangeRight Fully Subscribes $100 Million Delaware Statutory Trust
December 9, 2020
ExchangeRight, a sponsor of securitized 1031 exchange real estate offerings, has fully subscribed its $99.7 million Net-Leased Portfolio 40 Delaware...
Securities America Recruits Wealth Management Team from Ameriprise
December 9, 2020
Securities America, a wealth management firm within Advisor Group’s network, has recruited Gaulden & Associates Wealth Management, a North Carolina-based...
Hines Global Income Trust Registers $2 Billion Follow-On Offering
December 8, 2020
Hines Global Income Trust Inc., a publicly registered non-traded real estate investment trust, has registered a $2 billion follow-on offering...
Pacific Oak Capital Markets Group Adds Two to Sales Team
December 8, 2020
Pacific Oak Capital Markets Group, a wholesaler and managing broker-dealer for alternative investment offerings, has hired Rigo Medina as senior...
ADISA Names 2021 Board of Directors
December 8, 2020
Members of the Alternative & Direct Investment Securities Association (ADISA), a trade association representing the alternative investment and securities industry,...
LPL Recruits $900 Million Team from Cambridge
December 8, 2020
LPL Financial, the nation’s largest independent broker-dealer, has added Albany, New York-based Rosemont Financial Group to its broker-dealer and corporate...
Blackstone REIT Buys Industrial Portfolio for $358 Million in Sale-Leaseback
December 7, 2020
Blackstone Real Estate Income Trust, a publicly registered non-traded REIT sponsored by private equity giant The Blackstone Group (NYSE: BX),...
First Eagle Launches $2 Billion Alternative Credit Interval Fund
December 7, 2020
First Eagle Investment Management LLC, a privately-owned investment management firm with approximately $101 billion in assets under management, has launched...
Cottonwood Communities Secures Preferred Equity Investment in West Sacramento Multifamily Project
December 7, 2020
Cottonwood Communities Inc., a publicly registered non-traded real estate investment trust, has agreed to provide a preferred equity investment of...
Elevation Closes Reg D Fund After Raising $130 Million, Launches Eighth Fund
December 7, 2020
Elevation Capital Group, a real estate investment company and sponsor of private placement offerings, has closed its seventh fund, MHPI...
Guest Contributor: ICI Report on Operational Headaches for Interval Fund Sponsors Highlights Areas Where Help Is Needed
December 7, 2020
By: Thomas Wiedecker, Chief Client Officer at Envision Financial Systems A recent paper from the Investment Company Institutes' (ICI) Broker/Dealer Advisory Committee...
Cantor Fitzgerald and Silverstein to Develop Life Science Project in Philly Opportunity Zone
December 4, 2020
Cantor Fitzgerald, a global financial services firm and real estate investment company, and Silverstein Properties, a private real estate developer,...
SEC Updates Fund Valuation Practices
December 4, 2020
The Securities and Exchange Commission plans to adopt a new rule that establishes what it claims is an updated regulatory...
Pacific Oak Consolidates and Rebrands Single-Family Rental Subsidiaries
December 4, 2020
Pacific Oak Capital Advisors LLC, a sponsor of alternative investment programs, has rebranded several single-family rental subsidiaries and has renamed...
