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Search Results: REIT
Results 180-190 of about 258
Date: February 8, 2016
Kyle Bass, the hedge fund manager who runs the Dallas-based Hayman Capital, has set up a website accusing Texas-based REIT United Development Funding IV of running a Ponzi-like real estate scam .
Date: February 6, 2016
Broker Accused of Fraud, Targeting Native American Tribe Broker Gopi Krishna Vungarala is facing FINRA charges for lying to a Native American Tribe about the $11M in commissions they paid him when he sold the tribe $190M of business development ...
Date: January 5, 2016
A shareholder of Resource Capital Corp. is suing the real estate investment trust (REIT) because of the way it dealt with a Puerto Rico hotel loan portfolio and a $41 million write-down that resulted last year.
Date: December 15, 2015
The state says that the sale of the nontraded REITs were unsupervised, causing the investor to sustain substantial losses in 2008.
Date: December 12, 2015
United Development Funding IV Shares Fall After Allegations of Texas Ponzi Scheme United Development Funding IV (“UDF IV”), a Texas-based real estate investment trust (“REIT”), saw its share price drop after Harvest Exchange published a post that said the REIT ...
Date: December 2, 2015
It was Realty Capital Securities that raised hundreds of millions of dollars in equity each month for retail investors who bought Schorsch REITs just a few years ago. Continue Reading ›
Date: November 16, 2015
Also, Cetera Financial Group said it would stop the sales of AR Capital-branded alternative investments, including REITs. The retail brokerage network announced the cessation a day after Galvin charged RCS with fraud. Continue Reading ›
Date: October 9, 2015
This means that the REIT’s price, which is typically at $10/share with the broker getting a 70 cent commission, can go down to $9.90/share and a commission of 60 cents. FINRA said that J.P. Turner, Voya Financial Inc.
Date: September 23, 2015
The settlements were reached with the Non-Traded REIT Task Force of the North American Securities Administrators Association and regulators in Massachusetts and Delaware. The firm sold the REITs at issue for six years beginning in 2008.
Date: August 15, 2015
Unlike older and more traditional REIT ETFs, REM does not own companies that possess properties. Instead, the exchange-traded fund puts its money in financial firms that borrow at short-term rates and buy long-term mortgage securities while making a profit from ...
