马虎活得糊糊涂涂，糊涂做事马马虎虎
难得糊涂。望能帮助大家解答投资理财的问题。使大家在投资理财的过程中， 不马马虎虎以及不糊糊涂涂被人忽悠, 尽快实现财务自由。
REIT stands for Real Estate Investment Trust. REIT is a type of security that invests in real estate. They are traded in 3 different markets and regulated differently by SEC (Security and Exchange Commission).
Public REITs: traded in major exchanges and regulated by SEC. The daily prices are published in major financial publications and websites.
Public non-listed REITs: not traded in exchanges, but regulated by SEC.
Private REITs: not traded in major exchanges and not regulated by SEC, it is also called private placement REITs.
Private REITs have no transparency and no liquidity. You don't know the valuation. They are hard to redeem as well. What you have is what the broker tells you which most of time is not quite correct. The brokers' goal is to sell you the product, not interested in whether this product is suitable for you or not. They will take in huge fees for selling you that.
In the rising intereat rate environment, it is very challenging for real estate development companies to make a lot of money since the cost of money is going up. I will never touch private REITs.
