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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

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