Industry News

Capital-raising for public nonlisted REITs will likely improve significantly in 2017, partially because Blackstone Real Estate Income Trust has joined the space, said Tony Chereso, president and CEO of the Investment Program Association. "Blackstone has a great reputation and has reminded the market and advisors that these assets can play an important ingredient in a well-diversified portfolio, particularly for investors seeking yields and low correlation to the traditional equity markets," Chereso said.

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