Nontraded REITs’ performance was a major point of discussion at the 10th Annual Western Nontraded REIT Symposium, where it was noted that among 35 nontraded players that recently completed liquidity events, the average total return was 8.45 percent.
“Not bad,” said Rosemarie Thurston, partner and leader of the firm’s REITS & Funds Group, citing Blue Vault Data. “The success of these liquidity events has finally enabled this sector to gain a little more respect, particularly from some of the sectors of the investment marketplace that hadn’t historically embraced the industry – even Wall Street.”
“Not bad,” said Rosemarie Thurston, partner and leader of the firm’s REITS & Funds Group, citing Blue Vault Data. “The success of these liquidity events has finally enabled this sector to gain a little more respect, particularly from some of the sectors of the investment marketplace that hadn’t historically embraced the industry – even Wall Street.”