Non-Traded Public REIT’s: The Democratization of Institutional Real Estate?
Ask several real estate professionals to describe a public, non-traded Real Estate Investment Trust (REIT) and you likely will receive several different answers. While much investor attention has focused on publicly traded REITs, which were created by Congress through the REIT Act of 1960, public non-traded REITs celebrated their 20th year of existence in 2010.
To better understand how this unique form of commercial real estate investment works, we spoke with members of the National Association of Real Estate Investment Managers (NAREIM) who lead several public non-traded REIT programs.
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