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June 2023 Reported Nontraded REIT Sales Down 11.3% from May 2023

Blue Vault received June 2023 sales totals for ten nontraded REIT program offerings as of July 19, 2023. Sales reported by those ten NTRs totaled $176.0 million, down 11.3% from $198.4 million in May for the same ten NTRs, and down 72% Y-O-Y from the $630.7 million in sales in June 2022. FS Credit Real Estate Income Trust led the reporting REITs once again with $55.3 million in June, down 58% from $133.2 million in May. Next was Nuveen Global Cities REIT with $25.6 million, down 21% from the REIT’s May sales of $32.5 million.

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Non-Traded REITs: Go Mainstream or Die

Non-Traded REITs: Go Mainstream or Die Fundraising for the sector fell in 2016 due to the combination of impending regulatory changes and lackluster performance, notes Yardi Matrix Associate Director of Research Paul Fiorilla. The sector must continue to lower fees...

This Is How a 1031 Exchange Helps You Build Wealth

This Is How a 1031 Exchange Helps You Build Wealth The IRS provision increases your real estate purchasing power, but first you have to master the rules. June 5, 2017 | by Kayleigh Kulp | U.S. News Byron Smith Sr. has been investing in real estate for nearly 40 years,...

Blackstone may near $1bn for new non-traded REIT

Blackstone may near $1bn for new non-traded REIT June 17, 2017 | Gulf Times Blackstone Group expects to reach the $1bn mark for its first non-traded Real Estate Investment Trust (REIT) by the end of the month, people with knowledge of the matter said. The asset...

New Nevada law imposes fiduciary duty on brokers

New Nevada law imposes fiduciary duty on brokers The measure, effective July 1, requires advisers to disclose any “profit or commission” they receive and make a “diligent inquiry” about a client’s financial condition and goals June 16,...

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