Publications

Real Estate - MARCH 22, 2021

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Non-traded REITs raise $1.7b in February

by Robert A. Stanger Company

Non-traded REITs raised $1.720 billion in February, posting their third consecutive month above the $1 billion mark. Year-to-date 2021 fundraising totals $2.805 billion.

“Non-traded REIT fundraising is starting the year off strong,” according to Kevin T. Gannon, chairman and CEO of Robert A. Stanger & Co., Inc. “We expect fundraising will continue to strengthen and are raising our 2021 non-listed REIT fundraising projection to $20 billion.”

Blackstone Group leads year-to-date 2021 fundraising with $1.993 billion, followed by Starwood Capital with $491 million. Black Creek Group has raised $121 million in sales, followed by Hines Interest ($73 million) and Nuveen, LLC ($40 million).

In the non-traded business development space, Blackstone Private Credit Fund, the first per

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.