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Real Estate/REITs Articles
The direct investment industry could see a changing of the guard as the dominant firms controlled by non-traded REIT magnate Nicholas Schorsch continue to suffer a crisis of confidence.
With part of Nicholas Schorsch’s real estate empire fracturing into warring factions, a chunk of his fortune may depend on his RCS Capital distancing itself from ARCP accounting problems.
If you client has the extra space and the right attitude, renting out part of a home can be a profitable undertaking, says HGTV celebrity Scott McGillivray.
Notably, RCAP CEO Michael Weil left open the possibility that the company’s retail brokerage unit could be separated from its product wholesaling business.
It can be a good idea for some, not so good for others, say advisors.
The accounting scandal at American Realty Capital Properties is threatening to upend a real estate empire built by Nicholas Schorsch in an industry where reputation propels growth.
The AIG Advisor Group and LPL Financial have become the latest broker-dealers to suspend the sale of American Realty Capital REITs following turmoil at ARCP.
U.S. authorities have opened a criminal probe of American Realty Capital Properties in the wake of the real estate investment trust's disclosure that it had uncovered accounting errors, sources say.
Models can be changed so clients can spend more earlier.
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