December 2016 Alternative Investment Sales January 13, 2017 | Blue Vault   Blue Vault has compiled sales data on nontraded alternative investments for the month of December, 2016. Sales for all categories of alternative investments came in at $684.8 million compared to $621.8 million in November, and combined fundraising for 2016 totaled $6.83 billion*. In…

Strategic Storage Trust II, Inc. Purchases 400-Unit Self Storage Facility in Colorado January 12, 2017 | by James Sprow | Blue Vault Strategic Storage Trust II, Inc. (SST II)—which is sponsored by SmartStop Asset Management, LLC—recently purchased a self storage facility located in Aurora, Colorado totaling approximately 400 units and approximately 53,360 rentable square feet.…

InvenTrust Snaps Up $73M Retail Asset in San Diego Metro January 11, 2017 | Evelina Croitoru | Commercial Property Executive  The company purchased a 144,000-square-foot shopping center that is home to highly ranked tenants like CVS, Bank of America and Starbucks, among others. San Marcos, Calif.—InvenTrust Properties Corp. has announced the purchase of Campus Marketplace…

Foundation for Financial Planning Names New Chair, Appoints Three New Trustees (Trisha Miller) Kenneth (Kacy) Gott, CFP®, Assumes Chair; Lazetta Rainey Braxton, MBA, CFP®, Ben Harrison, and Trisha Miller Join Its Board January 5, 2017, 10:11 ET | Foundation for Financial Planning WASHINGTON, Jan. 5, 2017 /PRNewswire-USNewswire/ -- The Foundation for Financial Planning, a 501(c)(3) nonprofit…

Former ARCP accounting officer Lisa McAlister expected to testify at ex-CFO Brian Block's securities fraud trial Both resigned in the wake of the accounting scandal that rocked Nicholas Schorsch's real estate empire January 11, 2017 @ 11:29 am | Bruce Kelly | InvestmentNews.com Lisa McAlister, the former chief accounting officer of a giant real estate investment trust once…

Chamber of Commerce calls on Trump to delay DOL fiduciary rule The business interest group would like the new administration to halt and then replace the regulation that requires advisers act in the best interests of clients in retirement accounts January 11, 2017 @ 1:39 pm | Mark Schoeff Jr. | InvestmentNews.com  One of the largest and most…

RIAs could be ultimate winners if DOL fiduciary rule is repealed or delayed Differentiating themselves from brokers would be easier now that debate has raised investor awareness of the role of a fiduciary January 11, 2017@ 12:42 pm| Jeff Benjamin | InvestmentNews.com  As potential delays and road blocks pile up in front the Department of Labor's fiduciary…

Carter Validus Mission Critical REIT II, Inc. Acquires 153,000-Square-Foot Data Center January 10, 2017 05:26 PM Eastern Standard Time TAMPA, Fla.--(BUSINESS WIRE)--Carter Validus Mission Critical REIT II, Inc. (“CVMC REIT II”) acquired the Andover Data Center II on November 8, 2016, for $37 million. The two-story, 153,000-square-foot facility is located on 22.77 acres in Andover,…

REITs Return 8.6% in 2016 January 10, 2017 | Loretta Clodfelter | Linkedin, Salika Khiser Although U.S. REITs struggled in the fall, they achieved a total return of 8.63 percent in 2016, according to the FTSE NAREIT All Equity REITs Index. The performance was far better than the 2.83 percent the index returned in 2015.…