REIT looking to lower exposure to noncontrolled ventures, noncare assets, restaurants and certain buildings by the end of 2016.
Director William Kahane, founding partner of Nicholas Schorsch's AR Capital, remains on the board.
Says New York REIT has too much executive and board overlap with AR Capital.
Michael Ezzell resigned on Thursday after months of turmoil at the REIT specialist. He is the latest in a number of Cole personnel to leave the firm.
Broker-dealer built by Nicholas Schorsch nearly doubled first-quarter loss from a year ago, thanks to weakness in the wholesale distribution of investment products.
Most advisers tell clients to think of horse racing as an expensive hobby, not a business venture.
Private core real estate, a staple of institutional investing, can fill the gap for income, return.
<i>Breakfast with Benjamin</i>: The pace of the country's economic recovery is becoming more of a riddle than a reality.
DoubleLine Capital founder warns advisers that unconstrained managers are taking too much risk.
As various forms of legalized marijuana use spreads across the country, firm tests the limits with fund that will invest along the entire marijuana supply and distribution chain.
Fund tracker is at odds with SEC on how some fund report expenses.
<i>Breakfast with Benjamin</i>: Former Treasury Secretary Timothy Geithner spills the beans on how he navigated the financial crisis.
Customized trade-offs between volatility and income benefits can help clients meet a variety of investment goals.
For advisers and investors concerned that all this market intervention will end badly, there are ways to hedge that risk.
Information will help advisers evaluate current offerings in $20 billion industry.
<i>Breakfast with Benjamin</i>: The billionaire investor is calling on the United States to allow China's currency to join the International Monetary Fund's basket of currencies.
Demand evaporates as stocks rally, investors prepare for higher U.S. interest rates.
New fund, limited to accredited investors, will target the secondary PE market.
Studies show socially conscious investing principles positively affect long-term, risk-adjusted returns.