Jay Clayton as Next SEC Chairman January 5, 2016 | by James Sprow | Blue Vault President-elect Donald Trump plans to nominate Jay Clayton, a partner in Sullivan & Cromwell LLP, to be the next chairman of the Securities and Exchange Commission. Clayton has worked with Wall Street firms to do M&A deals, prepare initial…

Coming off a disastrous 2016, sales of nontraded REITs could bounce back in 2017 Newly designed products and Blackstone Group's entrance into the industry could pump up the market Dec 27, 2016 @ 12:16 pm | By Bruce Kelly | Investment News After a disastrous 2016, industry analysts and executives are cautiously optimistic that sales of nontraded…

SEC Offers Guidance on DOL Fiduciary Rule Compliance Since the DOL conflict of interest rule’s publication, mutual fund providers and their adviser-intermediaries have also been asking the SEC extensive questions about sales loads, fee schedules, etc.  By John Manganaro EDITORS@ASSETINTERNATIONAL.COM | December 30, 2016 The Securities and Exchange Commission (SEC) will not be in charge…

Multifamily Developers Eye Housing For Seniors DECEMBER 28, 2016 | BY BRIAN J. ROGAL CHICAGO—The demographic trends look good for the sector, and many multifamily developers feel senior housing is a natural extension of their core business. The Sheridan at Mason, a new seniors community in Mason, OH, that CA Ventures will open in 2017.…

Amy Webber to replace Eric Schwartz as CEO of Cambridge Investment Research Mr. Schwartz will still be involved as executive chairman of the independent broker-dealer he founded Jan 3, 2017 @ 12:54 pm | By Bruce Kelly | Investment News Eric Schwartz, the founder of independent broker-dealer Cambridge Investment Research Inc., has stepped down as the firm's…

‘The Liquidity Is Still There’ SOUTHFIELD, MI—Berkadia’s Ernie Katai considers the long-term implications of the Federal Reserve’s apparent new stance on rate increases from the standpoint of a lender. December 19, 2016 | by Paul Bubny | GlobeSt.com Over the past five days since the Federal Reserve’s Federal Open Market Committee closed out 2016 with…

Finra enforcement chief Brad Bennett to resign Susan Schroeder, deputy head of enforcement, will take his place on an acting basis while regulator conducts a search for permanent replacement Dec 15, 2016 @ 10:53 am | By Mark Schoeff Jr. | Investment News Finra pursued broad, sweeping cases and also ramped up its crackdown on smaller violations…

After Macy's deal, affiliated investors sell downtown office buildings for $33.4M Dec 8, 2016, 6:00am PST | Jon Bell | Portland Business Journal An affiliate of the company that just a few weeks ago bought five floors of the iconic Meier & Frank Building in Portland has now sold one of its other downtown assets…

The Pack Rat Indicator: Why Hoarding Is a Good Sign No longer just for death, disaster, and divorce, self-storage construction is booming as Americans buy more stuff. December 13, 2016, 4:00 AM EST | by Patrick Clark | Bloomberg For John Bull, a Portland, Ore.-based contractor who specializes in self-storage centers, a typical day entails supervising…