Thompson National Properties wants investors to exchange dead-in-the-water high-yield notes for stock, but are they getting a good deal?
The giant nontraded real estate investment trust, with $7.5 billion in total assets at the end of 2014, received a clean bill of health but joined a lawsuit against former business partners.
Two dozen wholesalers and account executives have left, with the lion's share joining a rival nontraded REIT wholesaler.
Longtime industry exec to use Cetera's First Allied as broker-dealer in setting up OSJ.
Girard Secuirities is being audited by the SEC, which is focusing on the firm's supervision of branch offices. CEO suggests move is part of larger investigation.
The estimated per share valuation of CNL Lifestyle Properties, a large nontraded REIT that owns ski and mountain resorts, continues to sink despite the recent broad rally in commercial real estate.
New acquisition by nontraded REIT czar costing him — $3.74 million in Texas state court settlement over sale of DBSI notes.
CNL Lifestyle CEO tells shareholders he's seeking 'attractive' exit for portfolio.
In an updated lawsuit, plaintiffs allege American Realty Capital Properties insiders artificially inflated a key metric to help it grow into a powerhouse with 4,400 properties and $21 billion in assets.
The audit committee for troubled traded REIT American Realty Capital Properties Inc. said it “found certain material weaknesses in the company's internal controls over financial reporting and its disclosure controls and procedures.”
