Securities America Announces Plans to Buy Foothill Securities

Securities America Announces Plans to Buy Foothill Securities

August 2, 2016 | by Beth Glavosek | Blue Vault

Securities America – one of the nation’s largest independent broker/dealers – has announced its plans to acquire Foothill Securities.

Foothill Securities currently has 220 registered representatives and generated $39.8 million in total revenue with a loss of $674,000 in 2015, according to its annual audited financial statement filed with the Securities and Exchange Commission (source: Investment News).

Recent

Demand for ExchangeRight’s All-Cash DSTs Leads to Full Subscription of a $22.9 Million Portfolio

September 30, 2024

ExchangeRight has fully subscribed its All-Cash 4 DST, a $22.9 million portfolio of net-leased properties tenanted by investment-grade companies, providing accredited investors with monthly distributions starting at an annualized rate of 5.15%, backed entirely by in-place revenues.

Griffin Capital Qualified Opportunity Zone Fund, L.P. Announces the Completion of Construction on a 364-Multifamily Community in Austin, TX

September 25, 2024

Griffin Capital has completed construction on 1900 Parmer Apartments, a 364-unit community in Austin, Texas, designed to meet the rising demand for quality housing amid the city’s significant job and population growth.

Inland Securities Corporation Promotes Brian Fritz to SVP of Exchange Solutions

September 25, 2024

Inland Securities Corporation has announced the promotion of Brian Fritz to Senior Vice President, leading the Exchange Solutions Team to provide tailored investment and tax-management solutions for high net-worth investors navigating real estate exchanges.

Hines Private Wealth Solutions Successfully Closes Two Multifamily Private Offerings

September 24, 2024

Hines has successfully closed two private multifamily offerings through Hines Private Wealth Solutions, showcasing its commitment to the Living sector and providing diverse investment opportunities for private wealth investors.

Most Popular

Blue Vault Performance Reports Update 10-23-2023

October 23, 2023

Blue Vault has published the following Interval Fund and Tender Offer Fund individual performance reports...

Blue Vault Q2 2023 Performance Reports Update

October 3, 2023

Blue Vault Q2 2023 Performance Reports Update 10-3-2023 Blue Vault wishes to acknowledge and apologize for the delay in publishing some Q2 2023 NTR Individual Performance Pages (IPPs) as well as the full review. We recently added additional reporting metrics to our IPPs, and that, combined with coverage of all share classes and some additional…

Blue Vault Q2 2023 Performance Reports Update

September 25, 2023

Blue Vault Q2 2023 Performance Reports Update 9-25-2023 Blue Vault has published the Q2 2023 Nontraded BDC Industry Review as well as Individual Performance Report and Limited Operations pages for the following offerings (newly published pages in bold font): Nontraded REITS American Healthcare REIT Q2 2023 Apollo Realty Income Solutions Q2 2023 (limited operations) Ares…

Explore

Don’t miss alts news
and educational events
Subscribe Now