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News |Company |Broker-Dealers | Jul 27 2017

Ameriprise Reports 17% Increase in Net Income and 4% Growth in Net Revenues

Ameriprise Financial Inc. (NYSE: AMP), one of the nation’s largest independent broker-dealers, reported its financial results for the second quarter of 2017 and held a conference…

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News |Company |Sponsors | Jul 27 2017

FS Investments Promotes Mike Kelly to President

FS Investments, an alternative investment manager formerly known as Franklin Square Capital Partners, has promoted chief investment officer, Mike Kelly, to president of the firm….

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News |Company |Sponsors | Jul 27 2017

Steadfast Apartment REIT III Buys $63.3 Million Multifamily Community Near Denver

Steadfast Apartment REIT III Inc., a publicly registered non-traded real estate investment trust, purchased Belmar Villas, a 318-unit multifamily community in the Denver suburb of…

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The DI Wire Q&A with Sandlapper Founder and CEO Trevor Gordon

The DI Wire sat down with Trevor Gordon, founder and chief executive officer of Sandlapper Securities LLC, to discuss the company, the future of the 1031 exchange industry, and his…

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News |Company |Sponsors | Jul 26 2017

Behringer Harvard Opportunity REIT II Changes Name

Behringer Harvard Opportunity REIT II Inc., a publicly registered non-traded real estate investment trust, has changed its name to Lightstone Value Plus Real Estate Investment…

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News |Company |Sponsors | Jul 26 2017

Rockspring Capital Acquires 7-Acre Property in Houston

Rockspring Capital, a privately-owned real estate investment firm and Reg D fund sponsor, purchased a 7-acre site in Houston, Texas in a joint venture with other Rockspring funds….

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News |Company |Sponsors | Jul 25 2017

Three Hartman REITs Announce Definitive Merger Agreement

Hartman Short Term Income Properties XX Inc., Hartman Income REIT Inc., and Hartman Short Term Income Properties XIX Inc., three affiliated real estate investment trusts, have…

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News |Company |Sponsors | Jul 25 2017

NexPoint Multifamily Capital Trust to Change Name and List on NYSE

NexPoint Multifamily Capital Trust Inc., a publicly registered non-traded real estate investment trust, terminated its $1 billion offering and deregistered its remaining Class A…

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News |Company |Sponsors | Jul 25 2017

BDCA Reduces Distribution Rate

Business Development Corporation of America, a publicly registered non-traded business development company advised by an affiliate of Benefit Street Partners, reduced its annual…

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News |Company |Sponsors | Jul 25 2017

Thomas Gentry Joins MCI as Regional Vice President

MCI (Megatel Capital Investment), the capital markets division of the Megatel Group of companies, has hired Thomas Gentry to serve as regional vice president of the Central…

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News |Company |Sponsors | Jul 24 2017

Blackstone Real Estate Income Trust Declares Monthly NAV Per Share

Blackstone Real Estate Income Trust, a publicly registered non-traded REIT sponsored by private equity giant The Blackstone Group (NYSE: BX), updated its aggregate monthly net…

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News |Company |Sponsors | Jul 24 2017

Carter Validus Mission Critical REIT II Sets Date for Offering Close

The board of Carter Validus Mission Critical REIT II Inc., a publicly registered non-traded real estate investment trust, has determined to terminate the company’s offering on…

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News |Company |Sponsors | Jul 24 2017

JLL Income Property Trust Buys $75 Million Multifamily Property Near Portland

JLL Income Property Trust, an institutionally managed, daily valued perpetual life REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), has purchased Jory Trail at the Grove, a Class A…

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News |Company |Sponsors | Jul 24 2017

Summit Healthcare REIT Buys Arizona Assisted Living Facility

Summit Healthcare REIT Inc., a publicly registered non-traded real estate investment trust, acquired Pennington Gardens Assisted Living and Memory Care, an assisted living and…

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News |Company |Broker-Dealers | Jul 21 2017

Newbridge Fined $500,000 for Not Supervising Pennsylvania Broker

The Pennsylvania Department of Banking and Securities has fined Newbridge Securities Corporation $499,000 for failing to supervise one Pennsylvania broker that sold structured…

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News |Company |Broker-Dealers | Jul 21 2017

Georgia Advisory Firm with $351 AUM Joins LPL

LPL Financial LLC, the nation’s largest independent broker-dealer, announced that Strong Gaddy Lee Wealth Management has joined its broker-dealer platform and aligned with…

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News |Company |Sponsors | Jul 21 2017

ARC NYC REIT Adjourns Stockholder Meeting Again

American Realty Capital New York City REIT Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, adjourned its annual meeting of stockholders…

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News |Company |Sponsors | Jul 20 2017

ARC Healthcare Trust III Declares First Net Asset Value and Shareholder Consideration for Merger

The board of American Realty Capital Healthcare Trust III Inc., a publicly registered non-traded REIT sponsored by AR Global, approved a $17.64 net asset value per share of the…

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News |Company |Sponsors | Jul 20 2017

MVP REITs Move Closer to Merger Vote

MVP REIT II, a publicly registered non-traded real estate investment trust that invests in parking-related properties, filed preliminary proxy materials with the Securities and…

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News |Company |Sponsors | Jul 20 2017

Advisor Group Hires Former LPL Exec to Lead Wealth Management Platform

Advisor Group, one of the nation’s largest networks of independent financial advisory firms, has hired Micah Wei to serve as the vice president of wealth management sales, where he…

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