Land proceeds looking for a home in a sponsor that's 41% industrial
Closing a land parcel sale next month, roughly 240k net after costs, and I'm not replacing it with more dirt this cycle because the entitlement timelines in my county have gotten…
Private, or non-traded, REITs are real estate investment trusts whose shares do not trade on public exchanges.
Log in to followClosing a land parcel sale next month, roughly 240k net after costs, and I'm not replacing it with more dirt this cycle because the entitlement timelines in my county have gotten…
Building a comparison sheet and I want somebody to break it. Non-traded NAV REIT, quoted distribution rate 5.5% on NAV, sponsor's own materials suggest low single digit NAV apprec…
I have 18k sitting from a settlement and the first rental doesn't close for another five months, so I've been reading about public non-traded REITs as a place to put part of it in…
Framing job last week, one of the guys says he put 30k into a private REIT through some platform and he can't get it out for two years. He said it like it was a good thing. I've b…
Been holding a position in a public non-traded REIT for four years, funded out of retained earnings from the service business. Nothing dramatic, it's the part of the balance sheet…
Spent the weekend in the advisory agreement and the repurchase plan for a NAV REIT rather than the fact sheet, which is where the fact sheet doesn't want you. The performance part…
Sitting on 78k in cash. About 55k of it is the down payment plus reserves for a small rental I expect to close on in roughly nine months, assuming the market I'm shopping cooperat…
Numbers first. Six unit building, older brick, one market I know well. Gross scheduled rent 78k, actual collections last year 74.2k. Operating expenses ran 30.1k including taxes,…
Been circling a public non-traded REIT for four months. The number that stopped me is in the distributions table: for the trailing year, roughly 62% of distributions paid were fun…