is it a traded or non-traded REIT?
Public, but not listed.http://sec.gov/Archives/edgar/data/1528985/000110465911051215/a11-26152_1s11.htm
not listed? then, that's a non-traded REIT. the share price is what Inland says it is ($10), redemption is also according to their rules. Similar REITs buy 0.85 of real estate for every $ invested ... the rest is paid out in fees and commissions. anyone know which boiler room is selling this REIT to your grandparents?
institutional investors don't like diverse REITs. Grandmothers don't know the difference. Inland sells to Grandma
Post a Comment