How many nontraded REIT programs have had full-liquidity events since December 2017, providing shareholders with the ability to convert their shares into cash?
Answer: There have been a total of seven previously nontraded REIT programs that have completed full-cycle events since December 2017:
• NorthStar Real Estate Income Trust, Inc.
• NorthStar Real Estate Income II, Inc.
• Behringer Harvard Opportunity RIET I, Inc.
• Corporate Property Associates 17-Global Inc.
• KBS Legacy Partners Apartment REIT, Inc.
• American Finance Trust, Inc.
• American Realty Capital – Retail Centers of America, Inc.