Which nontraded REIT has by far the most AUM and recently announced that their annual stockholders’ meeting will be held virtually due to the COVID-19 pandemic?
Answer: Blackstone Real Estate Income Trust, Inc. (“BREIT”) announced on May 22 that its 2020 Annual Meeting of Stockholders will be held as a virtual-only meeting on Wednesday, June 17, 2020, in light of the public health impact of the novel coronavirus (COVID-19) pandemic. As of March 31, 2020, the REIT’s assets totaled over $37 billion.