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Secondary markets for non-traded REIT shares?

Posted: Wed Dec 04, 2013 4:11 pm
by REITCheap
My investment adviser is suggesting i look into investing in a non-traded REIT or two...
In the past when I have looked at them the fee structures had always left me cold...
and ... then I found this website, and in particular this article:

http://reitwrecks.com/2009/05/non-traded-reits-are-designed-to-be.html

So I'm really not so hot for these things at least at IPO, but ... It got me to thinking ...

Perhaps there are some non-traded REITs with good "fundamentals" that could be purchased on the secondary market without the up-front fees, and perhaps at a discount to NAV.

So I'm wondering ... are there any secondary market-makers for shares of non-public REITs?

Is there a "Craig's list" for sellers who need to get out of their shares?

Thanks for any insight or pointers!
Jim :?:

Re: Secondary markets for non-traded REIT shares?

Posted: Sun Dec 08, 2013 1:30 pm
by REITCheap
I've found the following web sites but have not had time to vet them as yet, if anyone recognizes any of these (for better or worse) please let me know.... :lol:

http://reitsecondaryexchange.com/
http://sellreits.com/
http://www.mackenziecapital.com/
http://www.cttauctions.com/
http://lapisadvisors.com/

Re: Secondary markets for non-traded REIT shares?

Posted: Tue Dec 09, 2014 10:29 am
by BJBalkman
At a recent conference, Central Trade and Transfer (CTTauctions.com) passed out the attached card with recent prices for the secondary market. The system they use is very fair to both the buyer and seller as it uses an auction system similar to eBay.
CTT Prices - Nov 2014.pdf
Pricing Chart
(220.86 KiB) Downloaded 500 times

Re: Secondary markets for non-traded REIT shares?

Posted: Fri Jun 03, 2016 10:05 am
by mlm202
We've had to do recent research on this, here's an updated list of the platforms we found that offer secondary markets for non-traded REIT shares:

CFX Markets: [url]https://cfxinvesting.com/[/url]

CTT Auctions: [url]http://www.cttauctions.com/[/url]

First Trade: [url]http://www.1st-trade.com/[/url]

Mackenzie Capital : [url]http://www.mackenziecapital.com/[/url]

REIT Bid: [url]http://www.reitbid.com/[/url]