Asset Manager News & Perspectives

September 2, 2016

NexPoint Advisors Announces Management Proposal to the Board of Directors of the Business Development Corporation of America (BDVC)

NexPoint Advisors Announces Management Proposal to the Board of Directors of the Business Development Corporation of America (BDVC) AUG 30, 2016, 21:24 ET News provided by NexPoint Advisors, L.P. DALLAS, Aug. 30, 2016 /PRNewswire/ -- NexPoint Advisors, L.P. ("NexPoint") announced today that it has submitted a compelling management proposal to the Board of Directors (the "Board") of…

September 2, 2016

Sierra Income Corporation Supports ZS Fund L.P.’s Acquisition of AmeriJet

Sierra Income Corporation Supports ZS Fund L.P.’s Acquisition of AmeriJet August 31, 2016 07:32 PM | Business Wire NEW YORK--(BUSINESS WIRE)--Sierra Income Corporation, a business development company that makes senior secured investments in U.S. middle market companies, and its affiliate Medley Management Inc. (“Medley”), announced today that it provided a senior secured first lien term…

September 2, 2016

Inland Private Nets 148% Return with Sale of Illinois Supermarket

Inland Private Nets 148% Return with Sale of Illinois Supermarket August 31, 2016 | DI Wire Inland Private Capital Corporation, a sponsor of 1031 tax deferred exchanges, sold Mariano’s Fresh Market in Vernon Hills, Illinois for $36.4 million. The sale was facilitated on behalf of one of its 1031 investment programs. Located at 1720 North…

September 2, 2016

Cetera names Robert Moore CEO, replacing Larry Roth

Cetera names Robert Moore CEO, replacing Larry Roth Mr. Moore, Cetera's non-executive chairman, will take over the reins Sept. 12 Sep 1, 2016 @ 2:00 pm | By Christine Idzelis | Investment News Cetera Financial Group Inc. has named Robert Moore chief executive officer, replacing Larry Roth. Mr. Moore, the brokerage firm's non-executive chairman, will take over…

August 31, 2016

Real Estate Strikes Out on Its Own in the Stock Indexes

Real Estate Strikes Out on Its Own in the Stock Indexes AUG. 26, 2016 | By PAUL SULLIVAN | New York Times A change is coming at the end of the month in the way stock indexes are classified. Real estate, now part of the broader financials category, will go out on its own. But…

August 31, 2016

Lightstone Value Plus REIT III Acquires Two Home2 Suites By Hilton Near Salt Lake City And Seattle

Lightstone Value Plus REIT III Acquires Two Home2 Suites By Hilton Near Salt Lake City And Seattle $47.25 million acquisition marks the sixth and seventh hotel properties for Lightstone Value Plus REIT III 26 August 2016 | HospitalityNet NEW YORK, NY -- Today, Lightstone Value Plus Real Estate Investment Trust III, Inc. ("LVPR III") announced…

August 31, 2016

Finra wants to raise the annual gift limit

Finra wants to raise the annual gift limit Brokerage representatives will be able to breathe a little easier when they're buying gift baskets for fellow professionals during the next holiday season Aug 24, 2016 @ 11:49 am | Investment News With any luck, brokerage reps will be able to breathe a little easier when they're…

August 31, 2016

InvenTrust Properties Corp. Announces Acquisition of Old Grove Marketplace in Oceanside, CA

InvenTrust Properties Corp. Announces Acquisition of Old Grove Marketplace in Oceanside, CA August 29, 2016 OAK BROOK, Ill.--(BUSINESS WIRE)-- InvenTrust Properties Corp. (“InvenTrust” or “the Company”) today announced that it has acquired Old Grove Marketplace, a 91% leased, 81,279 square foot grocery anchored community center located in Oceanside, California, for approximately $23.25 million. “We are…

August 31, 2016

Roth Tells Cetera Reps He’ll Bring ‘Clarity’ on Leadership Soon

Roth Tells Cetera Reps He’ll Bring ‘Clarity’ on Leadership Soon AUGUST 30, 2016 |By Janet Levaux, Editor in Chief, Research Magazine | Think Advisor The executive sent a memo to the IBD's 9,000 reps on Monday amid intense industry chatter Amid intense industry speculation that he could be pushed out, the head of Cetera Financial Group is telling…