Which continuously offered nontraded REIT transitioned from a daily NAV REIT to a monthly NAV REIT in 2020 and owns 122 properties that were 98.7% occupied as of June 30, 2021?
Answer: CIM Income NAV, Inc. is a monthly NAV REIT. Its NAV per share, which is updated as of the last business day of each month, is posted on its website at www.cimgroup.com/investment-strategies/individual/inav#summary. The REIT is sponsored by CIM Group.