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LPL Financial Welcomes Walker Alston Financial Group

LPL Financial LLC announced today that Walker Alston Financial Group has joined LPL Financial’s broker-dealer, RIA and custodial platforms. The team reported having served approximately $200 million in advisory and brokerage assets*, and joins LPL from Securities America, part of the Advisor Group...
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KBS REIT II Sells Union Bank Plaza for Big Loss

KBS, one of the largest owners and operators of premier commercial real estate buildings in the nation, announces it has sold Union Bank Plaza, a 675,945 square-foot, Class A mixed-use property located in downtown Los Angeles, California. The buyer, Waterbridge Capital, purchased the asset for $104 ...
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FS Credit Income Fund Announces Increase to Distribution Rate

FS Investments, a leading alternative asset manager with over $35 billion in assets under management, today announced that FS Credit Income Fund will increase its distribution for all share classes. This is effective with the payment of the quarterly distribution on April 3, 2023. FS Credit Income F...
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“LPL Financial is a high quality, Fortune 500 firm that I know we can count on …and will help me provide more consistent experiences for my clients.” – Shane Cloninger

LPL Financial LLC announced today that SC Financial Group has joined LPL Financial’s broker-dealer, RIA and custodial platforms. The team reported having served approximately $220 million in advisory, brokerage and retirement plan assets*, and joins LPL from Cadaret Grant & Co, now part of the...
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Blackstone REIT limits investor redemptions again in March

Blackstone Inc (BX.N) said on Monday it had again blocked withdrawals from its $70 billion real estate income trust in March as the private equity firm faced a flurry of redemption requests. Blackstone has been exercising its right to block investor withdrawals from BREIT since November after reques...
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LPL adds Cetera team managing $250 million

Money Matters, a firm that managed $250 million at Cetera, has joined LPL Financial, the firm announced Monday. Money Matters has offices in Tampa, Florida, and Gadsen, Alabama. It was founded by its CEO, Ron Clark. Clark, advisor George Brkljacic and seven staffers are making the move to LPL. Clark...
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Blackstone’s BREIT Now Trading on LODASMarkets.com

“The first trade of Class D BREIT shares was executed in the LODAS marketplace at $14.42, which is equal to January’s NAV and just below February’s NAV of $14.47,” said Brian King, LODAS Markets CEO. “This is big news for investors as BREIT capped redemptions for the fo...
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