Strategic Storage Growth Trust III, Inc. (“SSGT III”), a private company sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”) that intends to qualify as a real estate investment trust, announced the acquisition of an approximately 78,000 net rentable square foot stora...

LaSalle St., a family of wealth management firms encompassing independent broker-dealer and two registered investment adviser (RIA) platforms, today announced former UBS Financial Services Vice President Cari Schulz has joined the firm as an advisor-owner under its new advisor-ownership program. Ms....

Despite the market turbulence last year, private investments were more resilient to rising interest rates and inflation than their public market counterpartsm according to a market overview by Conshohocken, Pa.-based Hamilton Lane, a leading private equity firm. The report concluded that private equ...

LPL Financial LLC announced today that financial advisor Nick Lalonde CFP®, CEPA®, has launched an independent practice and joined LPL Financial’s broker-dealer, RIA and custodial platforms. He reported having served approximately $200 million in advisory, brokerage and retirement plan assets*, ...

In anticipation of its intended listing on the New York Stock Exchange, Griffin Realty Trust today announced it has changed its name to Peakstone Realty Trust (the “Company”), effective today. In addition, the Company is implementing a 1-for-9 reverse share split with respect to each class of it...

Eagle Point Credit Management LLC (“Eagle Point”), a specialist credit asset manager with approximately $7.5 billion of assets under management,1 announced that Eagle Point Institutional Income Fund (the “Fund”), a non-traded closed-end fund registered under the Investment Company Act of 194...

Eversheds Sutherland has completed its annual study of the disciplinary actions reported by the Financial Industry Regulatory Authority (FINRA) in 2022. By reviewing FINRA’s monthly disciplinary reports, press releases and online database, Partners Brian L. Rubin and Adam C. Pollet found that in 2...

The Biden Administration released its 2024 budget plan this week that proposes sweeping tax increases on investors and the nation’s highest earners. Once again, among the proposals is the requested elimination of like-kind exchanges that allow for deferral for capital gains taxes under Internal Re...

CNL Healthcare Properties, a real estate investment trust focused on seniors housing, announced that its board of directors unanimously approved an estimated net asset value (NAV) per share of $6.92 as of Dec. 31, 2022. The company’s previous estimated NAV was $7.37 per share as of Dec. 31, 2021. ...

JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with more than $7.1 billion in portfolio assets, announced that on March 7, 2023, its Board of Directors declared a dividend for the first quarter of 2023 of $0.145 per share, a 3.6% increas...