Bargain-Hunting New Flock of REITS

There are a new host of nontraded REITs being formed raising money to look for bargain commercial properties and swoop in when they think the price has dropped low enough to make sense. In a BisNow August , 2023 article “Nontraded REITs in aggregate have produced a total return over the last five years of about 59%, whereas their traded counterparts have had returns in the mid-20% range over the same period, Robert A. Stanger & Co. CEO and Chairman Kevin Gannon said. “  Some of these REITs are investing in ‘necessity’ retail, others in industrial or life science properties. I couldn’t find anything in this article mentioning bargain office building investments…