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Search Results: REIT
Results 160-170 of about 228
Date: April 19, 2015
The securities lawsuit contends that because the lower than desired price was holding up ARCP’s ability to raise a significant amount of capital, the acquisition strategy allegedly involved artificially raising adjusted operation funds—a key metric for investors when evaluating an ...
Date: April 7, 2015
The securities case springs from transactions involving an 81-year-old state resident that purchased a nontraded REIT from the firm in 2008. ... The state regulator contends that the 48 REIT sales, totaling $2.4 million lead to concentration that went beyond ...
Date: March 15, 2015
According to the nontraded REIT’s filing with the SEC, as of the end of 2014 its board of directors approved a $5.20/share valuation—that’s a 24% decline from a year before when the share valuation had been modified to $6.85/share. ... ...
Date: February 25, 2015
Prior to that, concluding 2013, the nontraded REIT said that its most recent valuation was at $6.94/per share value.
Date: January 25, 2015
The securities laws claims are related to a $23 million accounting error that REIT made during last year’s first stated quarters, misstating the company’s adjusted operation funds.
Date: December 15, 2014
The downgrade comes following this week’s management shakeup at the REIT and its disclosure several weeks ago of massive accounting irregularities that were covered up. ... The change in management comes weeks after the REIT disclosed that it misstated financial ...
Date: December 2, 2014
SEC Claims Fraud Involving a REIT and Bogus Senior Resident Occupants
Date: November 12, 2014
(ARCP) which is Schorsch’s publicly treated REIT. ... Fidelity noted that it was going to stop facilitating subscriptions for certain Cole and Realty Capital Securities-affiliated nontraded REITs.
Date: November 6, 2014
., which is the traded REIT under Schorsch’s control. ... Another brokerage network, AIG Advisor Group, which has four broker dealers and 6,000 registered representatives and advisers, said it was suspending its sale of two Schorsch-related nontraded REITS: the Phillips ...
Date: October 30, 2014
American Realty Capital is the top sponsor of nontraded REITs. ... The National Planning Holding suspension impacts just one Schorsch product, the Phillips Edison – ARC Grocery Center REIT II. This is a new REIT with about $207 million in ...
