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News |Company |Sponsors | Jul 05 2017

Greenbacker Buys Idaho Wind Farm and Additional Solar Systems in Eight States

Greenbacker Renewable Energy Company, a publicly registered, non-traded limited liability company, purchased Fossil Gulch Wind Park for approximately $6.2 million.  Fossil Gulch…

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News |Company |Sponsors | Jul 05 2017

Griffin Capital Interval Fund Reaches $1.7 Billion in AUM in Three Years

Griffin Institutional Access Real Estate Fund (NASDAQ: GIREX, GCREX, GRIFX, GLREX, GMREX), a closed-end interval fund sponsored by Griffin Capital, reaches $1.7 billion in assets…

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News |Company |Sponsors | Jun 30 2017

Former ARCP CFO Found Guilty of Securities Fraud

Brian Block, former chief financial officer of American Realty Capital Properties Inc. (now Vereit), and long-time partner of AR Global’s Nicholas Schorch, was found guilty today of securities fraud and related crimes for reporting false numbers in quarterly filings with the U.S. Securities and Exchange Commission.

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News |Company |Sponsors | Jun 30 2017

KBS Strategic Opportunity REIT II Registers Follow-on Offering

KBS Strategic Opportunity REIT II Inc., a publicly registered non-traded real estate investment trust, filed a registration statement for a $1 billion follow-on offering of its…

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News |Company |Sponsors | Jun 30 2017

CNL Growth Properties Sells Joint Venture Property Near Houston

CNL Growth Properties, a publicly registered non-traded REIT, sold Modera at Spring Town Center, a 396-unit multifamily community, to Abbey Residential LLC for $49.8 million,...

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News |Company |Sponsors | Jun 30 2017

Strategic Storage Trust IV Appoints New Independent Director

Strategic Storage Trust IV Inc., a publicly registered non-traded real estate investment trust sponsored by SmartStop Asset Management, announced that Stephen Muzzy has resigned…

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News |Company |Sponsors | Jun 29 2017

KBS Growth & Income REIT Terminating Offering on Friday

KBS Growth & Income REIT Inc., a publicly registered non-traded real estate investment trust, is closing its primary offering at the end of the month, according to a filing with…

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News |Company |Sponsors | Jun 29 2017

Resource REITs Appoint New Executives Following Kevin Finkel Resignation

A number of non-traded REIT’s sponsored by Resource Real Estate announced that Kevin Finkel has resigned from his executive and board positions at the companies. According to…

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News |Company |Sponsors | Jun 29 2017

Strategic Student & Senior Housing Trust Buys University of Arkansas Student Housing Property

Strategic Student & Senior Housing Trust Inc., a private real estate investment trust sponsored by SmartStop Asset Management LLC, has acquired The District, a 198-unit, 592-bed…

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News |Company |Sponsors | Jun 28 2017

Block Maintains Innocence During ARCP Fraud Trial

Brian Block, former chief financial officer of American Realty Capital Properties, maintained his innocence during testimony at his criminal trial in New York, telling the jury…

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News |Company |Sponsors | Jun 28 2017

ARC NYC REIT Fails to Garner Stockholder Votes, Annual Meeting Adjourned

American Realty Capital New York City REIT Inc., a publicly registered non-traded real estate investment trust, announced that yesterday’s annual meeting of stockholders was…

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News |Company |Broker-Dealers | Jun 28 2017

Ameriprise Schedules Second Quarter 2017 Investor Conference Call

Ameriprise Financial, Inc. (NYSE: AMP), one of the nation’s largest independent broker-dealers, plans to announce its second quarter 2017 financial results on Tuesday, July 25,...

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FINRA Accuses Former National Securities Rep and Assistant of Converting Customer Funds

The Financial Industry Regulatory Authority has filed a complaint against former National Securities Corporation registered representative Kyle Harrington and his assistant Linda…

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News |Company |Sponsors | Jun 27 2017

Behringer Harvard Opportunity REIT II to Sell Hawaii Hotel

Behringer Harvard Opportunity REIT II, a publicly registered non-traded real estate investment trust, has agreed to sell the Courtyard Kauai at Coconut Beach, a 311-room hotel…

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News |Company |Sponsors | Jun 27 2017

Inspired Healthcare Capital Launches Reg D Fund

Inspired Healthcare Capital, a Scottsdale-based sponsor of private investment funds, recently launched a $30 million Reg D offering that intends to invest in senior housing and…

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News |Company |Broker-Dealers | Jun 27 2017

LPL Names New Chief Information Officer

LPL Financial LLC, a leading retail investment advisory firm and independent broker-dealer, has hired Scott Seese to serve as managing director and chief information officer,...

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News |Company |Sponsors | Jun 26 2017

Research Firm Says ARC NYC REIT Investors Should “Brace for Impact” with the Upcoming Valuation

Summit Investment Research, an investment research and due diligence firm, published a report stating that investors in ARC New York City REIT should brace for a valuation decline…

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News |Company |Sponsors | Jun 26 2017

First Capital’s BDC Appoints Chairman as Acting CFO

The board of First Capital Investment Corporation, a publicly registered non-traded business development company, has appointed Suneet Singal, the chairman of the board, to serve…

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News |Company |Sponsors | Jun 26 2017

Two Former ARC Programs Replace Independent Accounting Firms

Business Development Corporation of America, a publicly registered non-traded business development company, dismissed KPMG as the its independent registered public accounting firm…

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News |Company |Sponsors | Jun 26 2017

CNL Growth Continues Liquidation with Latest Property Sale

CNL Growth Properties Inc., a publicly registered non-traded REIT, completed the sale of Aura on Broadway, a 194-unit multifamily property in the Phoenix suburb of Tempe, Arizona….

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