May 27, 2006 #1 M mathjak107 Give me a museum and I'll fill it. (Picasso) Give me a forum ... Joined Jul 27, 2005 Messages 6,206 anyone have any expierience with unlisted reits like wells,hines or cnl?
May 27, 2006 #2 Brat Give me a museum and I'll fill it. (Picasso) Give me a forum ... Joined Feb 1, 2004 Messages 7,113 Location Portland, Oregon I thought Hines is a nursery operation? I do know that they have purchased a lot of ag land, some of which is not far from urban areas.
I thought Hines is a nursery operation? I do know that they have purchased a lot of ag land, some of which is not far from urban areas.
May 27, 2006 #3 C CyclingInvestor Thinks s/he gets paid by the post Joined Jul 27, 2005 Messages 1,708 Location Los Angeles area Run, do not not walk, away from anyone telling you to put money into an unlisted REIT. http://www.nreionline.com/finance/reit/real_estate_alls_unlisted_reits/ They generally claim to be insulated from wild price swings by not listing their securities. The cost : "Wells claims that in exchange for this stable pool of tenants, investors should be willing to pay a premium. Wells gets it in the form of a 16% front-end fee from investors. So for every dollar invested in the REIT, only 84 cents go into the investment." Basically, you pay an outrageous front end load to get into less transparent investment than a standard REIT.
Run, do not not walk, away from anyone telling you to put money into an unlisted REIT. http://www.nreionline.com/finance/reit/real_estate_alls_unlisted_reits/ They generally claim to be insulated from wild price swings by not listing their securities. The cost : "Wells claims that in exchange for this stable pool of tenants, investors should be willing to pay a premium. Wells gets it in the form of a 16% front-end fee from investors. So for every dollar invested in the REIT, only 84 cents go into the investment." Basically, you pay an outrageous front end load to get into less transparent investment than a standard REIT.
May 27, 2006 #4 OP OP M mathjak107 Give me a museum and I'll fill it. (Picasso) Give me a forum ... Joined Jul 27, 2005 Messages 6,206 i had a feeling this was how it ends up being.......