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GoLeft TV

(3,910 posts)
Wed Jan 22, 2014, 12:42 PM Jan 2014

Nontraded REIT Acquisition to Make One of the Largest Networks in the U.S.

From Ring of Fire:

Last week, Nicholas Scorsch announced his intentions to acquire Cetera Financial Group, through RCS Capital and form one of the largest independent broker-dealer networks in the U.S..

Scorsch has been making waves for years in the real estate investment industry. Shortening times that investors normally expect on nontraded-REIT investments to return any revenue, Scorsch’s business has been changing the paradigm on nontraded-REITs.

Nontraded REITs are a variant on traditional, publicly traded REITs but carry with them some significant risks for everyday investors.

You can read the full article here at Ring of Fire.

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Nontraded REIT Acquisition to Make One of the Largest Networks in the U.S. (Original Post) GoLeft TV Jan 2014 OP
Just as an aside, the Empire State Building is a Non-Traded REIT A HERETIC I AM Jan 2014 #1

A HERETIC I AM

(24,320 posts)
1. Just as an aside, the Empire State Building is a Non-Traded REIT
Sat Jan 25, 2014, 11:00 PM
Jan 2014

I had a client who had shares.

You had to know someone/be invited to buy shares and they could only be sold either back to the trust or to other shareholders.

They paid a good yield though.

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