Which five nontraded REITs had the highest annualized average returns to early investors according to Blue Vault’s Nontraded REIT Full-cycle Performance Study, 5th Edition?
Answer: American Realty Capital Trust, Inc. (14.63%), American Realty Capital Trust III, Inc. (14.46%), Apple Hospitality Five, Inc. (13.49%), Apple Hospitality Two, Inc. (13.40%), and Inland Retail Real Estate Trust, Inc (12.07%).