Blackstone REIT Increases Monthly Net Asset Value Per Share
May 21, 2020
Blackstone Real Estate Income Trust, a publicly registered non-traded REIT sponsored by private equity giant The Blackstone Group (NYSE: BX),...
Stephanie Adamson
Articles
Griffin Capital Essential Asset REIT Reports 2020 First Quarter Results
May 21, 2020
Griffin Capital Essential Asset REIT Inc., a publicly registered non-traded real estate investment trust, announced its results for the quarter...
Watermark Lodging Trust Delays Filing 1Q20 Financials, Provides COVID-19 Update
May 21, 2020
Watermark Lodging Trust, a non-traded real estate investment trust created by the merger of Carey Watermark Investors and Carey Watermark...
Greenbacker Declares Increased NAV Per Share
May 21, 2020
Greenbacker Renewable Energy Company LLC, a manager of sustainable infrastructure investments, recently declared a new net asset value per share...
Advisor Group Hires Former United Capital Exec as Chief Financial Officer
May 20, 2020
Advisor Group, a network of independent wealth management firms, has hired Jon Frojen as chief financial officer. In his new role,...
Sortis Launches $50 Million Distressed Real Estate Fund Amid Pandemic
May 20, 2020
Sortis Holdings Inc., an alternative investment fund manager, has launched its sixth investment fund, the Sortis Distressed Opportunity Fund, which...
ExchangeRight Names New National Sales Director
May 20, 2020
ExchangeRight, a sponsor of securitized 1031 exchange real estate offerings, has promoted Weldon Evans to national sales director. Evans was hired...
Inland Securities Appoints Senior Vice President of Institutional Relations
May 20, 2020
Inland Securities Corporation, the dealer-manager and placement agent for real estate investment programs sponsored by Inland Real Estate Investment Corporation...
Capital Square 1031 Fully Subscribes DST Offering of Fresenius Dialysis Clinic Near Chicago
May 19, 2020
Capital Square 1031, a sponsor of Delaware statutory trust offerings, has fully subscribed CS1031 Midwest Dialysis DST, a Regulation D...
KBS REIT III Sells Salt Lake City Multifamily Development in Off-Market Transaction
May 19, 2020
KBS Real Estate Investment Trust III Inc., a publicly registered non-traded REIT, has sold Hardware Apartments, a 453-unit, Class A...
SEC Charges Three Texans for Offering and Selling Fraudulent Oil and Gas Investments
May 19, 2020
The Securities and Exchange Commission has charged three Texas residents who allegedly used deceptive offering materials and promotional videos to...
LPL Recruits $305 Million Team from Wells Fargo Advisors
May 19, 2020
LPL Financial LLC, the nation’s largest independent broker-dealer, has added financial advisors Brian Lynn, John Fessler and Jim Pacheco to...
Black Creek Industrial REIT IV Declares Slightly Lower Net Asset Value Per Share
May 18, 2020
Black Creek Industrial REIT IV Inc., a publicly registered non-traded real estate investment trust, has updated the monthly per share...
Rodin Global Property Trust Lowers Net Asset Value Per Share
May 18, 2020
The board of Rodin Global Property Trust Inc., a publicly registered non-traded REIT sponsored by Cantor Fitzgerald Investors, has approved...
Woodbury Recruits Two Brokers in Succession Plan Merger Transaction
May 18, 2020
Woodbury Financial Services, a broker-dealer within the Advisor Group network, has recruited two independent financial advisors with combined client assets...
AltsWire Q&A with John Harrison, Executive Director of ADISA
May 18, 2020
John Harrison, executive director of the Alternative and Direct Investment Securities Association (ADISA), discusses the current economic environment relating to...
FINRA Fines Merrill Lynch for Allowing Unregistered Executive to Act as Principal
May 15, 2020
The Financial Industry Regulatory Authority has censured and fined Merrill Lynch $150,000 for purportedly allowing an executive with its non-FINRA...
Goldman Sachs to Buy Wealth Management Custodian Folio Financial
May 15, 2020
The Goldman Sachs Group Inc. has agreed to purchase Folio Financial, a wealth management custodian and financial technology company, in...
Starwood REIT Increases Monthly NAV Per Share
May 15, 2020
Starwood Real Estate Income Trust, Inc, a perpetual-life monthly NAV REIT sponsored by private investment firm Starwood Capital Group, updated...
MacKenzie Suspends Share Repurchases Amid Pandemic
May 15, 2020
The board of MacKenzie Realty Capital, a publicly registered non-traded business development company, has approved the suspension of the company’s...
