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RCS Capital Filed Prepackaged Bankruptcy for B/D Holding Companies

Once the firm emerges from the restructuring, the broker/dealer network will have no relationship to Nicholas Schorsch, who founded RCAP, and the former chairman will have no equity stake in the new company...
Mar. 28, 2016 | http://nreionline.com/finance-investment/rcs-capital-filed-prepackaged-bankruptcy-bd-holding-companies
Article

RCS to File Prearranged Bankruptcy

Once RCAP emerges from bankruptcy, the restructured company plans to focus solely on its retail brokerage services...
Jan. 5, 2016 | http://nreionline.com/finance-investment/rcs-file-prearranged-bankruptcy
Article

RCAP to Wind Down Wholesale B/D

After credit rating agency Moody’s downgraded its debt, RCS Capital said it will shut down its wholesale broker/dealer business...
Dec. 3, 2015 | http://nreionline.com/finance-investment/rcap-wind-down-wholesale-bd
Article

10 Must Reads for the CRE Industry Today (April 6, 2015)

Ventas agreed to buy Arden Medical Services for $1.75 billion, with plans for a new REIT spin-off, reports Bloomberg. Private equity firm Harrison Street Real Estate Capital is beginning to develop on-campus mixed-use projects, notes the Wall Street Journal. Retailer Party City is planning an IPO,...
Apr. 6, 2015 | http://nreionline.com/industry-buzz/10-must-reads-cre-industry-today-april-6-2015
Article

10 Must Reads for the CRE Industry Today (November 25 2014)

Signature Office REIT has agreed to merge into Griffin Capital Essential Asset REIT creating an office and industrial REIT focused on business essential properties with a capitalization of $3 billion. Over 50 broker/dealers have agreed to resume selling products distributed by RCS Capital. Hudson’s...
Nov. 25, 2014 | http://nreionline.com/industry-buzz/10-must-reads-cre-industry-today-november-25-2014
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