Four top executives of private-placement Ponzi scheme Provident Royalties were sentenced to prison, bringing to a close one of the most sordid tales in the history of alternative investments.
Nick Schorsch's American Realty Capital Trust IV strikes $1.45 billion deal with GE Capital for a tasty portfolio of properties. The deal comes hot on the heels of an $807 million purchase for his traded REIT last Friday.
Bitcoin, the digital currency and investment phenomenon that's up 1,000% this year, plummeted on Wednesday afternoon. Jason Kephart looks at what went wrong.
It's good times in the nontraded REIT industry. The lastest sign: ARCP boss Nick Schorsch plans to stage yet another 'liquidity' event — this time, taking a REIT brokerage public.
Apple REITs follow through on plan floated in June.
Broker-dealers, feeling the heat from regulators, are changing how they sell alternatives. Bruce Kelly has all the details.
Latest nontraded property trust to announce liquidity event
But they are more bullish about equities, Natixis survey shows
American Realty Capital strikes a $2.2B deal for traded REIT CapLease as ARC CEO Nicholas Schorsch shakes off his recent Cole bid failure. Bruce Kelly has all the details.
Galvin's tally for investors this year tops $11M, fines reach $1.4M
The battle over Cole III has taken a new twist, as shareholders sued to block the REIT's internal merger. Meanwhile, suitor American Realty Capital waits in the wings.
Nontraded REIT merger includes big upfront payout to management and company founder. Bruce Kelly has the details.
United Realty Trust shelves IPO until it can replace struggling Allied Beacon
Even though American Realty Capital Properties Inc. has withdrawn its bid to acquire Cole Credit Property Trust III, the controversy over the merger of the REIT with its manager is just getting going.
Alternative bond funds passed their first real test last month. Barely. The funds, marketed to advisers as a way to avoid the drama of rising interest rates without ditching bonds, 'could have been a little more hedged' one analyst says.
Advisers, institutions view fees as the main reason to avoid alts, Morningstar/Barron's survey finds
