LPC: BDC space ripe for consolidation Sep 16, 2016, 1:26 PM | By Leela Parker Deo | Yahoo NEW YORK, Sept 16 (Reuters) - Business development companies (BDCs), which extended share price gains this summer after a prolonged slump, still face hurdles that prime the specialized closed end investment funds for consolidation, according to sources. While…

Cole and KBS Vets Join DFPG Sep 16 2016 | by DI Wire DFPG Investments Inc., a dually-registered independent broker-dealer and registered investment advisor, announced that Mike Crimmins, formerly the CEO and managing director of KBS Capital Markets Group, and Robert Straton, previously a senior vice president at Cole Real Estate Investments, have joined the…

DOL fiduciary rule's unintended consequence: higher fees for investors As broker-dealers move toward uniform commissions to comply with the Labor Department rule, investors could end up paying higher prices than in an unregulated environment Sep 16, 2016 @ 11:37 am | By Bruce Kelly | Investment News As broker-dealers adjust to the new Department of Labor…

Office Demand Holding Steady in Tech Markets Requirements by Big Tech Companies Help Keep Office Markets in Balance, Rent Relief May Be on the Way With Several Large Projects Coming On Line Over Next Two Years in Bay Area, Seattle September 15, 2016 | By Randyl Drummer | CoStar Kilroy Realty Corp. is positioned to meet…

Cetera to Sell Legend Group to Lincoln Investment The deal allows Cetera to exit a business it says is not core to its future growth plans SEPTEMBER 14, 2016 | By Janet Levaux | ThinkAdvisor Cetera Financial Group said it has struck a deal to sell Legend Group, a broker-dealer with about 350 advisors and $6…

AR Global Non-Traded REITs to Merge in $1.4B Deal Once combined, the retail-focused portfolio will comprise 494 properties in 39 states with a total of 20.8 million square feet. September 9, 2016 | by Gail Kalinoski | Commercial Property Executive New York—Two non-traded REITs sponsored by New York-based AR Global plan to merge, with American Finance…

Six Apartment Markets That Have Recovered the Most Since the Housing Crash Sep 13, 2016 | Bendix Anderson | National Real Estate Investor The apartment markets that were hurt the most by the housing crash are now experiencing steady growth. “All of these markets now are posting very healthy job growth that is helping to stimulate…

Blackstone is Paving the Way For Lower Fees in the Alternative Investment Industry.   September 16, 2016 | by Beth Glavosek | Blue Vault In a move closely watched by industry observers and participants, Blackstone has rolled out its first nontraded REIT – Blackstone Real Estate Income Trust – and it’s further paving the way for…

House Committee Approves Bill to Kill Dodd-Frank and Fiduciary Rule 9/14/16 | by DI Wire The House Financial Services Committee passed H.R. 5983, the Financial CHOICE Act, on Tuesday in a 30-26 vote mostly along party lines. No Democrats voted for the bill, while one Republican, Rep. Bruce Poliquin (R- ME), voted against it. As…