AltsWire

For more than 12 years, The DI Wire has been the trusted source for independent news and analysis for financial professionals who sponsor, distribute or invest in illiquid and semi-liquid alternative investments. During this time, the industry has evolved exponentially, and to better reflect this dynamic evolution, we are excited to announce our new name: The DI Wire is now AltsWire. AltsWire Spotlight Marketing Communications Damon Elder #InsightsFromthePublisher #DamonElder #alternativeinvestments #alts #industry #rebrand #AltsWire #news #analysis #evolution #audience #landscape #realestateinvestmenttrust #Delawarestatutorytrust #1031exchange #businessdevelopmentcompany #privateequity #REIT #DST #BDC

Fueled by a stable network of construction lenders and the financial strength of its parent company, Madison Communities closed eight construction loans in 2024, started leasing four communities, and has a total of 14 projects under construction in high-barrier-to-entry markets across the Southeastern United States. Madison Capital Group Holdings, LLC Madison Communities McCarley Davis Amanda Teeple Ryan Hanks #sponsored #MadisonCapitalGroup #MadisonCommunities #realestate #multifamily #construction #loan #project #development #partner #investor #equity #Southeast #growth #2024

Real estate investment manager Inland Real Estate Investment Corporation and Devon Self Storage – both of which are members of The Inland Real Estate Group of Companies Inc. – jointly announced that they have completed construction of a 59,837-square-foot, Class A self-storage facility located in Springfield, Mass. The Inland Real Estate Group of Companies, Inc. Devon Self Storage Keith Lampi Nati Kiferbaum Greg Mackay #Commercialrealestate #investment #alternativeinvestments #Inland #InlandPrivateCapital #InlandPrivateCapitalCorporation #InlandRealEstateAcquisitions #DevonSelfStorage #selfstorage #construction #Massachusetts

Eastham Capital, a private equity real estate firm and a sponsor of multifamily private real estate offerings, announced the $10 million sale of Ridgeland Station. The 84-unit apartment community, located in Chicago Ridge, Ill., was acquired for the portfolio of Eastham Capital Fund V, LP in partnership with Bender Companies in February 2019. Eastham Capital Bender Companies Matthew Rosenthal Eric Silverman Zach Dovner Brian Hertig Kurt Bender #EasthamCapital #alternativeinvestments #multifamily #realestate #EasthamCapitalFundV #privateequity #ownershipinterest #investors #Illinois #BenderCompanies

The U.S. Securities and Exchange Commission has issued guidance on the "reasonable steps" required to verify accredited investor status in private offerings conducted under Rule 506(c) of Regulation D. #accreditedinvestor #alternativeinvestments #privateoffering #SEC #SecuritiesandExchangeCommission #guidance #LathamandWatkins #RegulationD #minimuminvestment #accreditedstatus #letter

Nearly three years after GWG Holdings Inc. filed for bankruptcy, investors who purchased $1.6 billion in GWG L bonds are facing substantial losses, with a proposed settlement offering only a fraction of their initial investment. #alternativeinvestments #bankruptcy #Lbonds #GWGHoldings #GWG #settlement #bondholders #financialservices #sponsor #brokerdealer #SEC #SecuritiesandExchangesCommission #Trust #Beneficient

Pacific Oak Strategic Opportunity REIT Inc., a publicly registered non-traded real estate investment trust formerly known as KBS Strategic Opportunity REIT Inc., reported this month that its operating partnership had entered into a loan agreement for $8 million from Pacific Oak Capital Advisors LLC. The loan matures in May 2025, and bears interest at a 12% annual rate. Pacific Oak Capital Advisors KBS #alternativeinvestments #realestateinvestmenttrust #REIT #PacificOakStrategicOpportunityREIT #KBSStrategicOpportunityREIT #loan #adviser #PacificOakCapitalAdvisor #disposition #refinancing #debt

Arch – a digital alternative investment management platform modernizing workflows, data standardization, and portfolio insights – announced a strategic partnership with RSM US LLP, i.e., RSM, a provider of assurance, tax, and consulting services for middle-market companies. Arch Ryan Eisenman RSM Jason Trigg Joel Stein Matt Bradvica #alternativeinvestments #partnership #technology #tech #AI #Arch #RSM #tax #consultingservice #familyoffice #RIA #registeredinvestmentadviser #brokerdealer #datamanagementplatform #workflow #efficiency #privatemarkets #digitalplatform

InCommercial Capital Corporation has announced the launch of InCommercial Motor Fuel Fund IV LLC, a fund aiming to raise $75 million from investors seeking tax advantages through leveraged bonus depreciation. ? InCommercial, Inc Erik Conrad Andrew Haleen Dan Mercer JoAnn Saguto #alternativeinvestments #InCommercial #InCommericalPropertyGroup #JCCCapitalMarkets #MotorFuelFund #brokerdealer #RIA #registeredinvestmentadviser #offering #capitalraise #Houston #Texas

A federal court has upheld the convictions of David Gentile and Jeffry Schneider, who were found guilty of securities fraud, conspiracy to commit securities fraud, and wire fraud on Aug. 1, 2024. #alternativeinvestments #securitiesfraud #Gentile #Schneider #brokerdealer #SecuritiesandExchangeCommission #SEC #conspiracy #wirefraud #federalcourt #GPBCapitalHoldings #Ponzi #acquittal #GPB