Bianca Barragán | Bisnow
It may seem like an odd time to launch a new commercial property venture, with interest rates at a 22-year high and valuations of basically every property type dropping, but a fresh wave of nontraded REITs has arrived to take advantage of those very same conditions.
EQT Exeter, Invesco Real Estate, Sculptor Capital Management, ExchangeRight and BentallGreenOak all filed with the Securities and Exchange Commission within the last two months to launch nontraded REITs.