UNLOCK THE POWER OF THE VAULT

Which nontraded REIT led all nontraded REITs in acquisitions in the first six months of 2017?

August 24, 2017

header_factoid vault

Which nontraded REIT led all nontraded REITs in acquisitions in the first six months of 2017?

 

Green plant shoot with ladybug growing from coins

 

Answer:  Blackstone Real Estate Income Trust, Inc.  During the six months ended June 30, 2017, the Company acquired wholly-owned interests in 10 real estate investments, which were comprised of 39 industrial, 13 multifamily, two hotel, and one retail property, for a combined total of $1.52 billion.

Print Friendly, PDF & Email
Go Back
default image

Blue Vault is just what advisors need to size up the different offerings in the nontraded REIT market. Just as importantly, it’s what the industry needs to encourage best practices among REITs.

Gregory De Jong, CFP, Co-Founder of Paragon Advisors, LLC. July 7, 2015