Edmonton, Alberta-based KV Capital has launched KV Building Products Access Fund LP, a closed-end fund that will enable accredited Canadian investors to invest alongside KV and its institutional partners in the firm’s Building Products Strategy. The fund focused on...
A fraudster whose chicanery was inspired by a “Seinfeld” joke was sentenced in Brooklyn federal court to 45 months in prison for wire fraud and ordered to pay $1.3 million in forfeiture. Thomas John Sfraga, also known by the alias TJ Stone, presented himself to...
The New York metro area is home to highest potential returns on single-family rentals (SFR), according to a new data report from ATTOM. The report analyzed single-family rental returns in 361 counties with sufficient rental and home-price data. The analysis...
McLean, Virginia-based Gladstone Investment Corporation (NASDAQ:GAIN) has sold its portfolio company Nocturne Luxury Villas Inc. to an affiliate of Calera Capital. According to Gladstone Investment, the company “received full repayment of its debt investment and...
The Chicago-based title insurance underwriter Advocus National Title Insurance Company has rolled out a new 1031 exchange service offering. The Advocus National 1031 Exchange LLC is an entity owned and operated by Accruit, a leading 1031 exchange Qualified...
New York City-based Franklin BSP Realty Trust Inc. (NYSE: FBRT) is acquiring NewPoint Holdings JV LLC, a privately held commercial real estate finance company headquartered in Plano, Texas. The financial terms of the deal were not disclosed. According to the...
