With over 90% of its offering period elapsed, which nontraded REIT program among open offerings had raised the highest percentage of its maximum offering at the latest report?
Industrial Property Trust had raised $1.42 billion in its primary offering as of September 30, 2016, of the $1.5 billion authorized.
Industrial Property Trust in Blue Vault News:
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.