Finra CEO Robert Cook promises to give brokerages more guidance on overseeing rogue brokers Initiative is part of an effort to crack down on brokers who move from firm to firm and put investors at risk June 12, 2017 | by Mark Schoeff Jr. | InvestmentNews.com Finra intends to help brokerages better identify and supervise brokers with…

Wagner writes in favor of like-kind exchanges in Crain’s Chicago Business June 9, 2017 | by Bill Kozar | Illinois Realtors By preserving 1031 like-kind exchanges in the midst of calls for tax reform, legislators will help small business owners and investors, writes Illinois REALTORS® Treasurer Dan Wagner in an opinion piece for Crain’s Chicago…

Fed rate hike and FANG shakeup could snap stocks out of spring lull June 9, 2017 | by Patti Domm | CNBC Stock market volatility could pick up in the week ahead, as traders await the Federal Reserve and watch to see whether the shakeout in tech and momentum stocks continues. The Fed begins its two-day meeting…

Why Plugged-In Properties Need Backup Plans June 8, 2017 | by Robert Bianco | Commercial Property Executive  Connectivity is now as important to occupants as location. A veteran telecommunication executive contends that redundant technology adds to asset values and offers peace of mind. For generations, the formula for determining a property’s value was simple: Location was…

Constructed in 2012, the approximately 300,000-square-foot apartment property includes nine buildings with 92 one-bedroom, 124 two-bedroom and 56 three-bedroom units.

Ameriprise Cuts Offerings Ahead of DOL Rule June 7, 2017 | Financial Advisor IQ Ameriprise is joining its brokerage rivals in reducing the number of funds available on its platform ahead of the Department of Labor’s fiduciary rule, InvestmentNews reports. The firm told its advisors this week that it’s eliminating more than 1,500 mutual funds,…

LPL Caps Non-Traded REIT Pay Ahead of DOL Rule, Delays Off-Platform Fund Ban June 6, 2017 | by Mason Braswell | AdvisorHub Taking advantage of the Department of Labor’s announcement that it will not actively enforce its fiduciary rule until at least January, LPL Financial is offering its 14,400 brokers a reprieve on its plan to prohibit…

Industrial Investors Drawn To Non-Traditional Locations CHICAGO—Distribution has changed, and many properties in out-of-the-way locations have assumed tremendous importance in some firms’ operations. June 7, 2017 | by BRIAN J. ROGAL | GlobeSt.com CHICAGO—A Chicago-based team from Avison Young just completed the sale of an 851,370-square-foot General Electric Co. lighting distribution facility in Cleveland, TN. Although it…

Nashville’s Supply Side Shines June 6, 2017 | by Evelina Croitoru | Commercial Property Executive  With strong demand fueled by robust population gains and consistent job growth, the market remains a hot ticket. Investors acquired more than $1 billion in apartments in 2016, according to Yardi Matrix. Nashville’s multifamily fundamentals continue to be solid on most…