Plenty of nontraded REIT liquidity to go around: Report
December 20, 2022 | Bruce Kelly | Investmentnews.com
Despite recent roadblocks encountered by investors looking to cash in shares of certain giant nontraded real estate investment trusts, the managers of illiquid REITs have sufficient reserves to meet client demands to redeem shares at the moment, according to a report by Robert A. Stanger & Co. Inc., an investment bank that tracks sales of illiquid alternative investments.