Search found 2 matches

by larry785258
Thu Apr 15, 2010 6:35 pm
Forum: Apple REITs & David Lerner
Topic: Real value of Apple REITs from David Lerner
Replies: 76
Views: 86166

Re: Real Value of Apple REITs from David Lerner

Investors who reinvest their dividends through the company are doing so at inflated prices. I don't know of a REIT that isn't selling for much less than the DRIP (Dividend Reinvestment Program) price in the secondary market. Investors are reinvesting in Wells II at around $9.75 when it can be purcha...
by larry785258
Thu Apr 15, 2010 6:09 pm
Forum: General Non-Traded REIT Questions & Discussions
Topic: Then how does one sell non-traded REITs?
Replies: 12
Views: 50857

Re: Then how does one sell non-traded REITs

You mentioned REIT Secondary Exchange. I own that company and while we purchase almost all non-traded REITS we also tender for some at prices much higher than some of the bottom feeder. There was a recent tender for CPA 14 for about $3.50 per unit when we are paying $6.00. Be sure to check our price...