RREEF Property Trust Reports Higher NAVs as of December 31, 2019
January 6, 2020 | James Sprow | Blue Vault
In a January 3, 2020 filing with the SEC, RREEF Property Trust, a continuously offered nontraded REIT, reported higher NAVs for its four classes of common stock.
According to Blue Vault’s Nontraded REIT Review for Q3 2019, RREEF Property Trust, Inc. was paying cash distributions at annualized rates, net of fees as follows, as of September 30, 2019: Class A 4.67%, Class I 5.14%, Class T 4.67%, based upon the published distribution yields on the REIT’s website at 9/30/2019. According to the REIT’s website, the most recent monthly distribution rates paid on December 31, 2019, were: Class A 4.68%, Class I 5.15%, Class T 4.68%, after fees.
Sources: SEC, Blue Vault, RREEF Property Trust
