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Concerns percolate about how SEC’s AI proposal aligns with Reg BI

Concerns percolate about how SEC’s AI proposal aligns with Reg BI

An SEC proposal to eliminate conflicts of interest in financial advisors’ use of technology that predicts investor behavior is raising concerns about how it will work with Regulation Best Interest. A split Securities and Exchange Commission voted 3-2 Wednesday to release a proposal for public comment that would require brokerages and investment advisory firms to “eliminate or neutralize” conflicts related to conducting investor interactions through artificial intelligence, predictive data analytics and similar technology…

Blackstone’s EQ Office sells Costa Mesa office campus at 10% loss

Blackstone has sold an office campus in Costa Mesa for $91.5 million — about 10 percent less than what it assembled it for between 2013 and 2015. MGR Real Estate, run by Michael Rademaker, bought the 553,000-square-foot complex at 3070 and 3100 Bristol Street, according to Orange County property records. The sale came to about $165 per square foot…

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KBS Growth & Income REIT to Delay Liquidation

KBS Growth & Income REIT to Delay Liquidation

KBS Growth & Income REIT to Delay Liquidation January 28, 2021 In a letter to shareholders filed with the SEC in a January 27, 2021, 8-K, the board of directors of KBS...

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Hartman¹ – A History of Delivering Value to Investors

Hartman¹ – A History of Delivering Value to Investors June 7, 2017 | PR Rocket  HOUSTON (PRWEB) June 07, 2017 The following footnotes are meant to accompany the table. (1) “Hartman” refers to Allen R. Hartman and all affiliated companies. (2) These programs are closed...

Industrial Investors Drawn To Non-Traditional Locations

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