What is the total asset size of the nontraded REIT industry and what percentage of industry assets is held by currently open nontraded REITs?
Answer: The nontraded REIT industry reported total assets of approximately $113.5 billion as of June 30, 2020, up from $111.5 billion as of March 31, 2020. $57.7 billion, or 51%, is currently held in open nontraded REIT programs.