Comrit Investments 1, LP, has made a third-party tender offer for shares of Pacific Oak Strategic Opportunity REIT, Inc., a nontraded REIT formerly known as KBS Strategic Opportunity REIT, Inc. The offer price is $7.44 per share. The Board of Directors of Pacific Oak Strategic Opportunity REIT recom...

Cetera Financial Group (Cetera), an at-scale wealth hub that offers financial professionals and institutions the latest solutions, support and services, announced today that the advisors of True Wealth Advisor Group have affiliated with Cetera Advisor Networks via Cetera Wealth Partners.** The True ...

As of December 16, 2022, RREEF Property Trust had received share redemption requests during the quarter ending December 31, 2022 in excess of the limit of 5% of the REIT’s combined NAV as of September 30, 2022. Pursuant to the terms of the share redemption plan, all redemption requests received du...

Urban Catalyst, Silicon Valley’s most active Opportunity Zone Fund, has started demolishing the site of its Keystone project, a 176-key Marriott TownePlace Suites that’s Downtown San Jose’s first extended-stay hotel. Demolition crews began on Feb. 16 to raze the project site at the northeast c...

THE MSNBC anchor-turned-CEO of the beleaguered Ozy Media, was arrested Thursday on charges related to securities fraud. The Wall Street Journal reports that Watson’s arrest comes less than two days after Ozy’s former chief operating officer Samir Rao pleaded guilty to federal fraud charges relat...

Leitbox Storage Partners (“Leitbox”), a self-storage investment and development platform, based in Birmingham, Alabama, announced today that it has added Kevin Holst to their executive team as Chief Operating Officer. In this role, Kevin oversees the company’s operational and development activ...

Axos Advisor Services, a hybrid custodian and financial services company with powerful, integrated custodial and banking solutions, has teamed up with Forum Capital Advisors LLC(“Forum”) to expand investment offerings for its advisors by adding the Forum Real Estate Income Fund (“the Fund”) ...

LPL Financial LLC announced today that Aneri Jambusaria has been promoted to managing director, LPL Services Group, and has joined the LPL Financial Management Committee. She will continue to lead the development and delivery of LPL’s portfolio of business, planning, and advice services, which app...

Starwood Real Estate Income Trust, a nontraded real estate investment trust, is curbing redemptions after investor withdrawal requests exceeded the REIT’s monthly limit in November. Known as SREIT, the $14.6 billion REIT is chaired by Barry Sternlicht, the founder and CEO of Starwood Capital, a pr...

Bain Capital Credit, a Boston-based credit specialist with AUM of approximately $43 billion, has launched a business development company. The launch, Bain Capital Private Credit, is a perpetual, non-traded BDC. BCPC expects to invest at least 80 percent of its total assets (net assets plus borrowing...