Testifying before a House subcommittee Thursday, the National Multifamily Housing Council’s chairman told lawmakers that private capital should dominate the apartment sector “wherever and whenever possible.”

Bipartisan Bill Would Increase Capital Access for American Small Businesses

Offers to Purchase up to $185,000,000 of its Common Stock at $20.01 Per Share

The vote Thursday represents a key milestone in President Donald Trump’s quest to cut taxes for businesses and individuals -- though challenges remain.

"If the final bill is similar to the one introduced today, our industry will put more people to work modernizing and improving existing properties -- office buildings, shopping centers, apartments, industrial properties -- to meet the changing and growing needs of American businesses and consumers.”

In 2Q17, perpetual life REITs, which are non-listed REITs that report daily or monthly net asset values, posted 1.6% quarterly returns and 6.0% trailing 12-month returns.

There’s a current of concern drifting through some in the investment banking community over what they view as a maturing real estate market recovery. On the other hand, many bankers see more of the same in 2018 as gross domestic product continues its path of modest growth combined with low interest rates and open debt…

Lodging Conference panelists said hurricanes will escalate prices and there is already an inordinate amount of hotel supply in Houston; also money is cheap, but some are waiting until the political uncertainty passes.

Unlike the traded variety that can be sold immediately on a public exchange, non-traded REITS have no public market if you want to liquidate the shares, making them much more illiquid.