Real Estate Firms Rolling Out New Funds for Mom-and-Pop Investors
Wall Street Journal, Dec. 3, 2019–Peter Grant (subscription)
Real estate giants like Blackstone Group and Starwood Capital Group have raised billions of dollars from individual investors through a product known as non-traded real estate investment trusts. These funds enable small investors to own a piece of hotels, office buildings, shopping centers and other properties typically owned by large institutions and their money managers.
https://www.wsj.com/articles/real-estate-firms-rolling-out-new-funds-for-mom-and-pop-investors-11575374403