‘In the Beginning Was the REIT’
In a Bloomberg Tax article titled “In the Beginning Was the REIT,” Stroock’s Evan Hudson explores the history of non-traded REITs and how they have become a popular investment vehicle.
“Today, non-traded REITs (NTRs) are on a tear. According to the Stanger investment bank, fundraising is up 137% during the first three quarters of 2019 over the same period in 2018, with 2019’s total as of the end of September standing at $7.6 billion compared with 2018’s same-period total of $3.2 billion.”
Read the full article below.