Phoenix Senior Living DST Fined By Regulator
The State of New Hampshire’s Bureau of Securities Regulation recently fined Phoenix Senior Living DST. Here are the details about the fine:
- On January 31, 2020, a sale of Phoenix Senior Living DST was made to a New Hampshire resident.
- The investment was sold by DAI Securities and its agent, Jack Creighton.
- Creighton was not effectively registered in New Hampshire until March 16, 2020.
- DAI and Creighton received a commission.