How many different LifeStages™ has Blue Vault established to categorize nontraded REITs?
Answer: Blue Vault has established five different LifeStages™ to help categorize nontraded REITs. Within a nontraded REITs life, they have distinguishing characteristics regarding asset base, capital raise, investment style, and operating metrics. During the open phase of fundraising, a REIT may be categorized as Emerging, Growth, or Stabilizing. During the closed phase of fundraising, a REIT may be categorized as Maturing or Liquidating. To learn more about these LifeStages, click here.