The company will be joined by Firestone Investments in the acquisition of International Market Centers. The transaction is on track to close in the third quarter of 2017.

The DI Wire Q&A with SC Distributors President Pat Miller July 7, 2017 | The DI Wire The DI Wire sat down with SC Distributors president Pat Miller to discuss the company, his background in the direct investment space, and the new regulatory landscape. Can you briefly share a bit about your background and history…

Phillips Edison Grocery Center REIT I Shareholders to Vote on Internalization July 7, 2017 | by James Sprow | Blue Vault At a shareholder meeting set for September 20, Phillips Edison Grocery Center REIT I (“PECO I”) shareholders will vote on a transaction which will make the REIT an internally-managed, non-traded grocery-anchored shopping center REIT…

What Finra pays its top executives July 7, 2017 | by Mark Schoeff Jr. | InvestmentNews Each year, the Financial Industry Regulatory Authority Inc., the brokerage industry self-regulator, publishes the total compensation for its 10 highest-paid executives in its annual report. In a message accompanying this year’s report, Finra president and chief executive Robert W. Cook said that…

1031 'Like-Kind' Exchanges Are Under Fire. Again June 29, 2017 | by Ben Mattlin | Financial Advisor With all the turmoil in Washington, one important proposed tax change has mostly fallen through the cracks: the gutting or outright elimination of the 1031 exchange provision. Essentially, Section 1031 of the tax code allows those who sell a parcel…

Griffin-American Healthcare REIT IV Acquires Five Northern California Senior Housing Facilities July 7, 2017 | by James Sprow | Blue Vault American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has completed the acquisition of the first of two tranches of the total…

Focus on Alternatives: Richard Gann on share classes July 2017 | Real Assets Adviser  Richard Gann, chief products officer at Steadfast Capital Markets Group, discusses the different share class structures in non-traded alternative investments, including the basics of A, T, and R/I shares, differences in pricing and distribution yields, fee structures and more. Read Full Article…

Finra Freezes Executive Pay as Revenue Declines July 5, 2017 | by Mason Braswell | AdvisorHub Seven top executives at the Financial Industry Regulatory Authority earned at least $1 million in 2016 but a 6% decline in revenue has led the industry-financed organization to freeze salaries and promotions in 2017, according to the group’s annual report. “We expect…

Trump Administration Rebuffs Challenge to Fiduciary Rule in Appeals Court U.S. asks Fifth Circuit largely to uphold the rule as regulators move to revise it, or further delay implementation July 4, 2017 | by Mike Scarcella | ThinkAdvisor   The U.S. Labor Department late Monday urged a federal appeals court to largely uphold Obama-era regulations that confronted…