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Which nontraded REIT program sold its last property on November 22, 2017, to complete its full liquidation?

December 6, 2017

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Which nontraded REIT program sold its last property on November 22, 2017, to complete its full liquidation?

Answer:  On November 22, 2017, KBS Real Estate Investment Trust, Inc.  completed the disposition of the last real estate asset in its portfolio, a six building office property containing approximately 205,707 rentable square feet located in Bothell, Washington.

 

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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