IPA's Hogan: Non-listed REIT fundraising sets new record

08/6/2013 | Financial Advisor online · CoStar Group · BisNow.com

Non-listed real estate investment trusts and business development companies raised $10.7 billion in the first half of 2013, breaking all records, said Investment Program Association CEO Kevin Hogan. Non-listed REITs accounted for $8.5 billion of the total, he said. The investment inflows amounted to a 65% increase over the figure for the first half of last year. Today, 40 public non-traded REITs are seeking to raise $69 billion of equity investment.

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Financial Advisor online · CoStar Group · BisNow.com

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