National

LPL Financial LLC has announced that Townsgate Wealth Management has joined its broker-dealer, RIA, and custodial platforms. The Westlake Village-based team, managing approximately $1.15 billion in assets, has transitioned from Wells Fargo Advisors Financial Network (FiNet).  The team includes six financial advisors: Jim Murray, Larry Bernstein, Abby Goldstein, Michael Kazmer, Brett Goldberg, and Wesley Wong. ...

Broadstone Net Lease (BNL), an industrial-focused, diversified net lease REIT, has closed a $1.5 billion Amended and Restated Credit Agreement, comprising a $1 billion revolving credit facility and a $500 million term loan. The revolving facility matures in March 2029 with two six-month extension options, while the term loan matures in March 2028 with two ...

Cantor Fitzgerald, L.P. and Silverstein Properties, Inc. have finalized fundraising for Cantor Silverstein Opportunity Zone Trust II, Inc. (CSOZ Trust II), securing over $470 million in equity. The fund is set to back four multifamily and mixed-use projects, totaling 1,932 residential units and 1.5 million square feet, spread across Tempe, AZ; Richmond, VA; Summerville, SC; ...

Global institutional investors are feeling upbeat about fixed income hedge funds and their return prospects. That confidence comes from solid financial results, shifting fee setups, and better market liquidity—63% of them are betting on annual returns hitting 10% or higher, according to research commissioned by RBC BlueBay Asset Management. The study revealed that while optimism ...