Since the beginning of 2009, the industry has introduced 45 new nontraded REIT offerings, seen seven full-cycle events, and has grown to an almost $80 billion industry. In addition, sponsors of new offerings continue to improve investment strategies, introduce innovative product designs, and provide fee enhancements for the benefit of investors. And throughout this period, Blue Vault has been a key player in tracking and analyzing these milestones.
We are proud to be the first research firm to provide an unbiased performance measurement tool that enables both financial intermediaries and investors to make more informed decisions. As we enter into our fourth year of business, it is our goal to continue to enhance the services we provide to our customers and to introduce new tools to help them stay informed of news and events taking place in the industry.
