Cresset Asset Management Names Chief Operating Officer
August 6, 2020
Cresset Asset Management, a registered investment advisor with $9.8 billion in assets under management, has appointed Randall Conte as chief...
Stephanie Adamson
Articles
Inland Securities Hires New External Wholesaler
August 5, 2020
Inland Securities Corporation, the dealer manager and placement agent for real estate investment programs sponsored by Inland Real Estate Investment...
Comrit Launches Unsolicited Tender Offer for Shares of CNL Healthcare
August 5, 2020
Comrit Investments 1 LP, a Tel Aviv-based investment fund, has launched an unsolicited tender offer to purchase up to 9...
Sierra Income Corporation Provides Update on Monthly Distribution Suspension
August 5, 2020
The board of Sierra Income Corporation, a non-traded business development company, has provided an update on the company’s investor distribution...
LPL Financial Recruits $670 Million Firm from Kestra
August 5, 2020
LPL Financial LLC, the nation’s largest independent broker-dealer, has added Cashman Consulting to its broker-dealer and corporate registered investment advisor...
Prospect Capital Corporation Launches $1 Billion Perpetual Preferred Stock Offering
August 4, 2020
Prospect Capital Corporation (NASDAQ: PSEC), a listed business development company, has launched a continuous preferred stock offering of up to...
NexPoint Advisors Affiliate to Buy Listed REIT in Transaction Valued at $900 Million
August 4, 2020
Listed real estate investment trust Jernigan Capital Inc. (NYSE: JCAP), an owner of self-storage facilities and a capital partner for...
Capital Square 1031 Launches DST Offering of Georgia Multifamily Property
August 4, 2020
Capital Square 1031, a sponsor of Delaware statutory trust offerings for 1031 exchange and other accredited investors, has launched CS1031...
Red Oak Capital Group Names Chief Executive Officer
August 4, 2020
Red Oak Capital Group, an investment manager and provider of debt capital for commercial real estate projects, has hired Gary...
Cottonwood Makes Preferred Equity Investment in NYC Multifamily Project
August 4, 2020
Cottonwood Communities, Inc., a publicly registered non-traded real estate investment trust, has closed on a preferred equity investment of $15...
FS Credit REIT Registers Follow-On Offering
August 3, 2020
FS Credit Real Estate Income Trust Inc., a monthly NAV REIT sponsored by FS Investments, has registered a $2.75 billion...
SEC Charges Former Broker Using SEC Letterhead with Defrauding First Responders and Others
August 3, 2020
The Securities and Exchange Commission has charged a San Antonio-area businessman and his company with running an alleged multimillion-dollar scheme...
KBS Growth & Income REIT Adjusts Distribution Policy
August 3, 2020
The board of KBS Growth & Income REIT Inc., a publicly registered non-traded real estate investment trust, has adjusted the...
Securities America Recruits $150 Million Team
August 3, 2020
Securities America, a wealth management firm within Advisor Group’s network, has recruited Heritage Harbor Financial Associates, an independent financial advisory...
Sponsored: Altigo’s Success Continues with 4 New Broker-Dealer Partnerships
August 3, 2020
Altigo, an electronic trade processing platform from WealthForge, has expanded its user-base with 4 new broker-dealer partnerships. Great Point Capital,...
SEC Charges Former Georgia State Legislator with Defrauding Investors in Alleged Ponzi Scheme
July 31, 2020
The Securities and Exchange Commission has charged Clarence Dean Alford, a former Georgia state legislator and former member of the...
FactRight Promotes Kevin Kirkeby to Manager
July 31, 2020
FactRight LLC, a provider of financial due diligence and risk management services for the alternative investment industry, has promoted Kevin...
Shopoff Sells 320 Acres Near Chino Hills State Park for Permanent Conservation
July 31, 2020
Shopoff Realty Investments, a private placement sponsor and manager of opportunistic and value-add real estate investments, has sold 320 acres...
Strategic Wireless Buys Multi-State Tower Portfolio
July 31, 2020
Strategic Wireless Infrastructure Funds Management LLC, a private placement sponsor and the wireless infrastructure division of Strategic Capital Fund Management,...
Sponsored: The Pandemic – A View from Asset Management’s Seat
July 31, 2020
By: Cindy Daly, vice president of underwriting at Four Springs Capital Trust During the past few weeks and months as we’ve...
