Non-traded REITs on track to new record

The non-traded real estate investment trust sector is growing strong, with $12.9 billion raised through the end of August and projections of $18 billion by the end of the year, compared to a previous record of $11.7 billion set in 2007. Exchange-traded REITs are moving more slowly as they continue to work through an adjustment phase to an expected increase in interest rates.

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