According to a recent SEC report, Rule 506 continued to be the most popular exeemption for real estate securities offerings in 2023.
Read MoreReal estate sponsors and other companies that sell their own securities must take care to ensure that their personnel aren't acting as unlicensed broker-dealers. Rule 3a4-1 provides a safe harbor for issuer personnel involved in selling securities. Read our article to learn about Rule 3a4-1 and best practices for issuers that sell their own securities.
Read MoreInvestors who acquire real estate securities from an issuer or sponsor may have to hold their securites for a year to avoid being considered presumptive underwriters.
Read MoreKim Kardashian has agreed to pay a $1.26 settlement to the SEC for not disclosing that she was paid $250,000 to tout a crypto asset on her Instragram account. However, the rules that she violated are equally applicable to other issuers, including real estate fund sponsors.
Read MoreRule 506(b) continued to be the most popular way for real estate investments to rase equity during the pandemic according to the SEC.
Read MorePeople raising money for a small business or real estate investment may be surprised that they are selling investment contracts subject to federal and state securities laws.
Read MoreEquity crowdfunding has become more popular due to recent increases in the annual fundraising limit in Regulation CF. However, due to other limitations in Regulation CF, Rule 506(c) usually is a better option for a real estate sponsor who wants to advertise its securities offering.
Read MoreAlthough the Securities and Exchange Commission's recent announcement that it will increase focus on ESG-related disclosures only applies to reporting companies, small businesses and private companies also can positively affect their communities and stakeholders with ESG initiatives.
Read MoreNew SEC rules harmonize Rule 506(b) and Regulation A disclosure requirements and make it easier for issuers to include nonaccredited investors in their offerings.
Read MoreIssuers should modify offering materials and forms and develop new policies before selling securities to new categories of accredited investors.
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