Tr?id=566623520170033&ev=PageView&noscript=1

Non-Traded REIT Redemptions Exceed 350% of Fundraising in February

Posted on April 3rd, 2023 at 1:31 PM
Non-Traded REIT Redemptions Exceed 350% of Fundraising in February

From the desk of Jim Eccleston at Eccleston Law 

Fundraising among non-traded real estate investment trusts has dipped to $489 million in February 2023, which constitutes the lowest point since August 2020. Further, monthly redemptions have surpassed $1.7 billion, which amounts to 351% of fundraising as well as 1.6% of reported net asset value for the industry, according to a report released by Robert A. Stanger & Co.

Fundraising for the industry has totaled only $5.1 billion for the year-to-date period that ended on February 28, 2023. “The [non-traded REIT] industry deserves high marks for its commitment to providing liquidity to investors at levels never seen before”, according to Stanger chairman Kevin Gannon. Stanger’s report focuses on fundraising of all alternative investments offered to retail purchasers including publicly registered non-traded REITs, non-traded business development companies, interval funds, non-traded preferred stock of traded REITs, Delaware statutory trusts, opportunity zone funds, and other private placement offerings.

Year-to-date 2023 retail alternative investment fundraising amounted to $11.2 billion through February, paced by NAV REITs at $5.1 billion, interval funds at $2.6 billion, non-traded BDCs at $1.3 billion, and Delaware statutory trusts at $1.0 billion. Non-traded REITs have raised more than $5.0 billion year-to-date; Blackstone Group leads 2023 fundraising with $4.4 billion, followed by FS Investments with $146.6 million, Starwood with $100.0 million, Ares Real Estate Group with $72.6 million and Hines with 60.3 million.

 

Eccleston Law LLC represents financial advisors and investors nationwide in securities, employment, transition, regulatory and disciplinary matters.

Tags: eccleston, eccleston law

Return to Archive

TESTIMONIALS

Previous
Next
Quotes Bigger

If the regulators are after you, and are trying to make a case against you, and you are going to contest their allegations against you, make sure you have the best securities industry defense lawyers, Eccleston Law Firm. My case was spun into a combination of penalties including fines, cash settlements, CE courses and suspension. They were the best I have seen in action. When all was said and done, they had done their magic, my situation was negotiated and settled with a simple "letter of caution" and a case closed without action. It is the most important legal business decision you will ever make, make it Eccleston Law.

Rick R.

LATEST NEWS AND ARTICLES

1784046159 Law
July 14, 2026
Mariner Wealth Advisors Reports Data Breach Affecting Nearly 9,000 Customers

Mariner Wealth Advisors LLC disclosed a data breach that exposed personal information of 8,995 customers, according to AdvisorHub.

1783957061 Law
July 13, 2026
FINRA Warns of Growing Risks From Finfluencers and AI-Driven Investment Content

Financial Industry Regulatory Authority (FINRA) regulators are raising concerns about the increasing influence of social media personalities and artificial intelligence (AI) on retail investors, particularly those managing their own investments without professional guidance.

1783615970 Law
July 9, 2026
FINRA Suspends Former Branch Manager for Supervisory Failures Linked to Excessive Trading and Churning

A former regional branch manager at a broker-dealer has agreed to Financial Industry Regulatory Authority (FINRA) sanctions after the regulator found that he failed to supervise registered representatives who engaged in excessive trading and churning of customer accounts.