Investments In Nontraded REITs Up 39%, But Still Far Outpaced By Withdrawals
July 28, 2023 | Ciara Long | Bisnow
Fundraising shot back up in June for nontraded REITs after a moribund start to 2023, but the money raised was still far less than investors pulled out of the alternative investment vehicles, according to a new report.
Nontraded REITs raised $597M in June this year, up 39% from a low point of $428M in May, according to Robert A. Stanger & Co.