SREIT Cleared For Trading On Alternative Trading System
February 7, 2023 | Ben Mattlin | Financial Advisor
Frustrated institutional and accredited investors who want to trade shares of the popular Starwood Real Estate Income Trust—a private real estate fund which was closed to redemptions in December, after outsize withdrawal requests—will have a new option starting today: the alternative trading system LODAS Markets, an online platform based in Overland Park, Kan., formerly called Realto, has been cleared to start trading the shares.
“This gives SREIT investors immediate access to liquidity in those shares,” said Randy Williams, a LODAS spokesperson.