Traditional vs. Daily NAV REITs March 30, 2017 | by Beth Glavosek | Blue Vault Traditionally, nontraded REITs have been designed to follow a predictable life cycle. These investments move through distinct developmental stages over time as they grow from inception to maturity. The nontraded REIT’s ultimate goal is to create a liquidity event for…

NAV in the Nontraded REIT World March 24, 2017 | by Beth Glavosek | Blue Vault Important regulatory changes have led the nontraded REIT industry to improve its reporting of net asset values (NAV) per share. It’s a relatively new concept for nontraded investments. NAV reporting has increased as a result of FINRA Regulatory Notice…

What’s in Store at Summit 2017? February 28, 2017 | by Beth Glavosek | Blue Vault   The 2017 Blue Vault Broker Dealer Educational Summit is just around the corner now that March is here. Have you marked your calendar for March 13-15, 2017? The Summit will be held at the Ritz-Carlton in downtown Atlanta. Broker…

NASAA Guidelines February 23, 2017 | by Beth Glavosek | Blue Vault In July 2016, the North American Securities Administrators Association (NASAA) issued a request for public comment regarding an amendment to its policy on REITs. The proposal would add a uniform concentration limit of 10% of an individual’s liquid net worth, applicable to their aggregate…

“Usually change is good, and that’s a good thing...” Blue Vault’s 3rd Annual Summit January 30, 2017 | Stacy Chitty | Blue Vault [caption id="attachment_12304" align="alignnone" width="797"] Broker Dealers discussing important industry topics at Summit 2016[/caption] Blue Vault’s 3rd annual educational Summit will be held March 13-15. The purpose of the meeting is to give leading…

Common Questions about IFCEFs January 26, 2017 | by Beth Glavosek | Blue Vault Over the past year, Blue Vault has more closely tracked the sales of Interval Funds and nontraded Closed-End Funds (IFCEFs) and now includes their data in its research reports.   The following are common questions we hear about these types of investments: …

Nontraded BDCs Post Annualized Return of 14.7% December 9, 2016 | Blue Vault Nontraded BDCs this year have produced a median annualized return of 14.7%. Through the end of September 2016, BDCs have performed exceptionally well despite the slowest capital raise in four years. "Unfortunately, many investors are missing out on these returns because financial…

Understanding Asset Management Fees December 1, 2016 | by Beth Glavosek | Blue Vault Asset management fees (also known as Advisory Fees) are ongoing fees charged to investors in nontraded REIT programs. These fees accrue monthly or quarterly and are based on the sponsor’s definition of asset totals. While Blue Vault’s recent Fee Study found…

The Future of Acquisition and Disposition Fees November 16, 2016 | by Beth Glavosek | Blue Vault Acquisition and disposition fees have long been a part of many nontraded REIT sponsors’ programs. The fees presumably cover costs related to acquisition and disposition activity. One sponsor, for example, states in its prospectus that it will pay…