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Which listed REIT sold $28.2 million in nontraded preferred stock in October 2020?

December 8, 2020

Which listed REIT sold $28.2 million in nontraded preferred stock in October 2020?

Answer: Bluerock Residential Growth REIT reported sales of $28.2 million in nontraded preferred stock to Blue Vault in October 2020. Through the first 10 months of 2020 the REIT has reported sales of $194.5 million in nontraded preferred stock.  

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Gordon Dunne
September 30, 2019

“Always, but especially in this day of lawsuits and ever increasing regulations, the responsibility for a financial advisor t do their own due diligence on products they sell falls squarely on themselves. No one is going to take greater interest in protecting their practice than they are. We use the Blue Vault Partners Nontraded REIT Review to keep us informed of the performance of every single nontraded REIT. Finally, complete transparency is available for advisors using nontraded REITs. Every advisor using REITs in their practice should make the small annual investment of subscribing to Blue Vault’s reporting services.”