Nicholas Schorsch's RCS Capital has agreed to buy Cole Capital, which he also controls. <i>Plus: <a href="//www.investmentnews.com/article/20140917/INFOGRAPHIC/140919935"" target=""_blank"" rel="noopener noreferrer">See our map of the REIT czar's empire</a></i>
With special dividend, KBS Real Estate Investment Trust II has paid shareholders $8.50.
The REIT czar's empire is broken down in this "simple" visual covering all entities under his purview
$45 million deal brings burgeoning IBD network to nearly 4,000 reps.
First-time study recognizes growth in industry and also levels criticism.
Scott Welch, co-founder and CIO of Fortigent, is latest to leave.
By year end, RCAP expects to consolidate business groups across 9 B-Ds.
State securities regulators are making noise about implementing changes to policies that would limit how much a client's net worth could be invested in nontraded real estate investment trusts. Those limits would have helped clients in the case of a Louisiana broker who now has a Finra complaint.
The owners of Gemini Real Estate Advisors have dueling claims against each other.
The transaction follows several similar deals in recent months, and the trend is likely to continue.
