Nontraded REITs start to invest cash hoard

07/8/2010 | CoStar Group

Nontraded REITs have accumulated a large war chest of cash during the past two years that they are starting to use. The biggest example to date is Dividend Capital Total Realty Trust's $1.35 billion purchase of a portfolio of properties from iStar Financial, but as more capital continues to flood this sector, additional transactions are expected.

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