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...

Aphorio Carter Fund Management Company, LLC (“Aphorio Carter”), the critical infrastructure and data center division of Carter Funds, announced today that it has acquired the Fibertown Data Center in Bryan, Texas for $55 million. Fibertown Data Center is 100% net leased to Fibertown, ...

Federal regulators on Tuesday announced charges against the Church of Jesus Christ of Latter-day Saints and its nonprofit investment arm, alleging they took measures to conceal the size of the church’s considerable investments, including creating shell companies with phony office addresses. The ch...

Blackstone Real Estate Income Trust, known as Breit, had a negative return of 0.2% in January, badly lagging publicly traded real estate investment trusts, which showed gains of about 10% in the month. This marks a change from the situation in 2022 when the $71 billion Blackstone Real Estate Income ...

Griffin Realty Trust (“GRT” or the “Company”) today announced a plan to pursue a listing of the Company’s common shares on the New York Stock Exchange (“NYSE”). With the guidance of its advisors, GRT’s Board of Trustees (“Board”) and management team unanimously determined that pu...

NewStar Exchange (the “Company”) announced today its acquisition of The Residences at Village Park Center, a built-to-rent single family residential community located in The Villages, approximately 55 miles northwest of Orlando, Florida. According to the U.S. Census Bureau, The Villag...

Skyway Capital Markets has named Barry Shevlin leads as Senior Managing Director, where he will work within Skyway Capital Markets Technology practice for the middle-market sector identifying and facilitating customized financial solutions, including restructuring advice, capital raising (debt and e...

The Securities and Exchange Commission (the “SEC”) proposed a significant transformation of Rule 206(4)-2 (the “Custody Rule”) under the Investment Advisers Act of 1940 (the “Advisers Act”) into a new Rule 223-1 under the Advisers Act (the “Safeguarding Rule”) applicable to SEC-regis...

On January 18, 2018, KBS Growth & Income REIT, Inc. (the “Company”), through an indirect wholly owned subsidiary (the “Commonwealth Borrower”) entered into a loan agreement (the “Commonwealth Loan Agreement”) secured by the Commonwealth Building in Portl...

The Securities and Exchange Commission announced that broker-dealer and investment adviser Centaurus Financial Inc., branch manager Ricky A. Mantei, and registered representative Atul Makharia agreed to settle charges in connection with the unsuitable recommendation of variable interest rate structu...