Subscribe

Raising the bar for nontraded REITs

Independent broker-dealers face a series of hurdles as they try to revive flagging REIT sales.

Nontraded real estate investment trusts, the oft-criticized high-commission alternative investments sold primarily by independent broker-dealers, are under siege.

After reaching record sales of nearly $20 billion in 2013, nontraded REITs may not even reach the $10 billion mark this year, a 50% drop

Subscribe or log in to read the rest of this content.

Related Topics:

Learn more about reprints and licensing for this article.

Recent Articles by Author

B. Riley bouncing back after tough winter

'The wealth managers have been unbelievably supportive through all of this,' said Bryant Riley, the firm's chair and co-CEO.

Finra targets broker over WhatsApp misuse

The use of unmonitored messaging apps by financial advisors has been on the rise in the wake of the Covid-19 pandemic.

Veteran leader Desiree Sii departs Osaic

'Does Osaic really need these redundancies in management,' asked one industry executive.

Cambridge’s new RIA sets floor to make a deal

'The advisor wants to get out of the business at 65 or 70 but clients will live to be around till 90,' says one banker.

Why are senior JPMorgan execs ‘jumping’ to Wells Fargo?

Senior industry executive poses the question after latest switch, this time in investment banking.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print