Search found 416 matches

by REIT Wrecks
Sun Feb 14, 2010 4:17 pm
Forum: General Non-Traded REIT Questions & Discussions
Topic: ING Raises The Bar on Non-Traded REITs
Replies: 4
Views: 8409

ING Raises The Bar on Non-Traded REITs

ING Clarion Partners, a real estate management subsidiary of ING, the Dutch-based financial services conglomerate, has just announced plans to raise over $2 billion for a new Non-Traded REIT. With the introduction of this new REIT, which will be known as Clarion Capital Trust Inc., ING's real estate...
by REIT Wrecks
Tue Feb 09, 2010 3:28 pm
Forum: General Non-Traded REIT Questions & Discussions
Topic: REISA Addresses Non-Traded REIT "Ponzi" Scheme Allegations
Replies: 1
Views: 17210

REISA Addresses Non-Traded REIT "Ponzi" Scheme Allegations

Following a recent name change, the Real Estate Investment Securities Association ("REISA") is continuing in the fine tradition of TICA, which had been the group's name until the TIC industry collapsed. On January 21st, REISA sponsored a webinar on Non-Traded REITs, primarily for broker/dealers, reg...
by REIT Wrecks
Tue Feb 09, 2010 1:50 am
Forum: Grubb & Ellis REITs
Topic: Grubb & Ellis Healthcare REIT Sends $4MM Bill to Investors
Replies: 1
Views: 16634

Grubb & Ellis Healthcare REIT Sends $4MM Bill to Investors

On February 1st, Grubb & Ellis Healthcare REIT II triumphantly announced that it had met all of its minimums by raising a total of $20 million. This means that the newly minted Non-Traded REIT is free to release all investor funds from escrow and accept all subscribers as shareholders. Grubb & Ellis...
by REIT Wrecks
Fri Jan 29, 2010 10:53 pm
Forum: General Non-Traded REIT Questions & Discussions
Topic: Sale and Promotion of Non-Traded REITs - FINRA Investigates
Replies: 25
Views: 20049

Sale and Promotion of Non-Traded REITs - FINRA Investigates

The Financial Industry Regulatory Authority ("FINRA"), is conducting a sweep of broker-dealer sales and promotion practices related to non-traded REITs. It's not clear what prompted the letter, but it's undoubtedly related to widespread dividend cuts in 2009 and the elimination of many shareholder r...
by REIT Wrecks
Fri Jan 29, 2010 1:28 pm
Forum: Apple REITs & David Lerner
Topic: Real value of Apple REITs from David Lerner
Replies: 93
Views: 115635

Re: Real Value of Apple REITs from David Lerner -

Do I know at all what I'm talking about? I'm really not sure, but all I get are friendly reassurances from David Lerner that all is well, nothing to worry about, etc. Might I have something to worry about? Hi. Yes, you DO know what you're talking about and so should your broker, as the issue direct...
by REIT Wrecks
Wed Jan 27, 2010 2:31 pm
Forum: The Non-Traded REIT Forum
Topic: Welcome to the Non Traded REIT Forum | Read Me
Replies: 0
Views: 17744

Welcome to the Non Traded REIT Forum | Read Me

I began writing my first blog, REIT Wrecks, early in 2008. The blog is a creature of the credit crisis, and it chronicles (in a rather meandering way) the meltdown in publicly-traded REITs and commercial real estate. On a few occasions, I wrote very generally about non-traded REITs. I thought it was...