REITbid.com offers solution to liquidity needs

02/5/2013 | Financial Advisor online

With many closed nontraded real estate investment trusts unable to meet liquidity demands from shareholders, REITbid, a newly launched website, offers a marketplace for financial-advisory clients to get more back earlier for their shares. The site, owned by Share Trading Associates in Newport Beach, Calif., comes in response to industry demand for a platform that achieves fairly priced liquidity.

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