REITs, Real Estate Investment Trusts

Updated Saturday, March 15, 2014 as of 12:51 PM ET

Portfolio - REITs

Schorsch Pledges 'No Pressure' to Sell Nontraded REITs

Nontraded REITs -- the illiquid and scrutinized but potentially high-yielding real estate securities -- aren't for everybody, says Nicholas Schorsch, the executive chairman of RCS Capital. And, he claims, RCS' burgeoning empire of advisors and brokers will face "no pressure" to sell the products to their mass affluent clients.

That pledge may come as a relief to the brokers and financial advisors from Cetera Financial Group and J.P. Turner, two independent broker-dealers that RCS agreed to buy last month. Because Schorsch is also chairman and CEO of American Realty Capital, the country's largest sponsor of nontraded REITs, it was hardly surprising that those advisors were concerned that they might be compelled to sell nontraded REITs to their clients. more »

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Affluent Investors Eye Commercial Real Estate

A survey of 500 mass affluent investors by an industry association finds -- conveniently -- high awareness and use of nontraded REITs. more »

Schorsch's Expanding Empire Targets Mass Affluent

For RCS advisors and brokers, the sweet spot will be individuals and families with $300,000 to $3 million in investable assets, Schorsch says. more »

Should Advisors Offer Nontraded REITs?

A new batch of nontraded REITs look eerily like disastrous limited partnerships of the late 1980s and early 1990s. more »

Roth Leaves Advisor Group, Jumps to RCS

Larry Roth, former president and chief executive officer of Advisor Group, one of the country’s largest networks of independent broker-dealers, is joining Realty Capital Securities, a major broker-dealer and wholesaler of real estate investment trusts, as chief executive officer. more »

Non-listed REITs Boom But Little Bang From Merrill

As real estate recovers, non-listed REITs are soaring, but they haven’t been much of a hit with customers of Merrill Lynch. more »

IRS Finalizes Rules for RIC and REIT Transfers

In TD 9626, the IRS issued final regulations under Section 337(d) of the Tax Code to provide guidance concerning certain transfers of property from a C corporation to a regulated investment company or a real estate investment trust. more »

Rent or Buy a Home? More Choose Rental

The housing market may be picking up, but many clients have decided to avoid homeownership entirely. more »

REITs Slump 19%

REITs “have been one of, if not the biggest contributors” to the underperformance and volatility in mortgage bonds, said Bryan Whalen, co-head of mortgage bonds at Los Angeles-based TCW Group Inc., which oversees about $131 billion of assets. more »

First Allied to Be Acquired by RCAP

First Allied Holdings, an independent broker-dealer, is set to be acquired by RCAP Holdings. more »