April 2022: NAV REITs Post a Cumulative 70% Total Return Over Past 5 Years April 2022 - Non-Traded REITs Hit Quarterly Fundraising Record of $12.2 Billion March 2022 - Non-Traded REITs Record First $4+ Billion Month January 2022 - Investment in Alternative Assets Totals $10.5 Billion 2021 EOY Non-listed NAV REITs Post a Cumulative 64% Total Return Over Past 5 Years January 2022 - 2021 Alternative Investment Fundraising Hits $86.1 Billion December 2021 - Non-Traded REITs Record Over $4.6 Billion in November Fundraising November 2021 – Projections raised to $75 billion for all alternatives covered by Stanger November 2021 - NAV REITs Continue To Post Strong Performance October 2021 - Non-Traded REITs Post Another $3+ Billion Month Strong Fundraising Fueled By Strong Performance July 2021 - Non-Traded REITs Post Another $3+ Billion Month July 2021 - NAV REITs Continue a Strong Upward Move Posting Best Quarterly Return in the Past Five Years June 2021 - Non-Traded REITs Raise $3.5 Billion in June, Stanger Projects 2021 Non-Traded REIT Fundraising of $30 Billion June 2021 - Updated Research on NAV REITs ; Black Creek, Blackstone, Hines, JLL and Starwood May 2021 - Non-Traded REITs Raise Nearly $3 Billion; All-time new highwater mark for monthly sales April 2021 - NAV REITs Continue to Outperform Their Traded Counterparts April 2021 - Non-Traded REIT Fundraising, Q1 exceeds $5B and BDCs raises $3.2B in Q1 February 2021 - Non-Traded REITs Raise $1.7 Billion in February, Non-Traded BDCs Add $674 Million in Fundraising February 2021 - Stanger Announces First Ever Equity Research Reports on NAV REITs January 2021 - Non-Traded REITs Raise $1.1 Billion;First Perpetual - Life BDC Breaks Escrow and Hits $1.4 Billion in Sales YTD 2020 - Non-Listed REIT Fundraising Hits $10.8 Billion December 2020 - Blackstone REIT fundraising breaks $20b mark November 2020 - NAV REITs Post Year-to-Date Despite Real Estate Struggles Due to COVID-19 Non-Listed REITs Raised $656 Million in October 2020 Non-Listed REITs Raise $1.5 Billion in Third Quarter Fundraising Up 48% Over Second Quarter Lows Non-Listed REITs Raise $467 Million in August 2020 Non-Listed REIT Fundraising Forecast Lowered to $10 Billion Non-Listed REIT Fundraising Plateaus in July at $430 Million