Blackstone REIT in media cross hairs over valuation
Sketchy math dogs private market investments sold to retail investors.
This column for years has been writing about the bedeviling, bewitching math behind nontraded real estate investment trusts and other illiquid investment products that financial advisors sell to their clients.
Such products are difficult to understand because they don't trade every day on an exc
Learn more about reprints and licensing for this article.
