3 broker-dealers distance themselves from nontraded REITs

07/23/2013 | InvestmentNews (free registration)

Despite surging sales in the first half of this year, a number of broker-dealers are taking a closer look at how nontraded REITs do business and deciding to move away from them as an investment that they offer. Three independent broker-dealers said last week that they are suspending sales of investments in two of the most popular nontraded REITs or completely terminating their relationships with them.

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