List of Public, Non-Listed REITs


Below is the list of Public Non-Listed Real Estate Investment Trusts (PNL-REITs) tracked on REITNotes. PNL-REITs are also known as Non-traded REITs. Like REITs, the PNL-REITs are registered with the Security and Exchange Commission (SEC) and are required to file regulatory reports with the SEC such as quarterly (10-Q) and annual reports (10-K). PNL-REITs are also subject to the same IRS REIT requirements, such as distributing at least 90 percent of taxable income to shareholders. Unlike REITs, PNL-REITs are not listed on public security exchanges (e.g., NASDAQ, NYSE, OTCMKTS, TSX, LSE), and as a result are less liquid to exchange their shares than REITs. Since PNL-REITs are not exposed to the same stock market fluctuations as REITs, their share price is considered to be less volatile and more stable than REITs. The terms and structure of a non-traded REIT may vary, but some non-traded REITs may remain illiquid for several years. Many PNL-REITs are established with a finite time frame, at which the end the PNL-REIT must either liquidate or become listed on a national stock exchange. It is important to understand and investigate the terms, conditions, dividend distributions, time frame and fees of investing in a Public Non-Listed REITs beforehand as they can vary between non-traded REITs and are different from investing in REITs.

See Related Pages



Results: 20 of 137

REIT CIK REIT Name REITRating™ Score* Stock Exchange Type Sector Country
1700461 1st stREIT Office Inc. N/A N/A Equity REIT Office United States
1609234 American Realty Capital Healthcare Trust III, Inc N/A N/A Equity REIT Health Care United States
1595527 American Realty Capital New York City REIT, Inc. N/A N/A Equity REIT Office United States
1500554 American Realty Capital–Retail Centers of America, Inc. N/A N/A Equity REIT Retail United States
1630940 Atlantic Alliance Partnership Corp. N/A N/A Equity REIT Specialty United States
1308711 Behringer Harvard Opportunity REIT I, Inc. N/A N/A Equity REIT Diversified United States
1562528 Benefit Street Partners Realty Trust, Inc. N/A N/A Equity REIT Office, Retail, Residential, Hotel United States
1327978 Black Creek Diversified Property Fund N/A N/A Equity REIT Diversified, Industrial, Residential, Retail, Office United States
1625941 Black Creek Industrial REIT IV Inc. N/A N/A Equity REIT Industrial United States
1662972 Blackstone Real Estate Income Trust, Inc. (BREIT) N/A N/A Equity REIT Retail, Industrial, Hotel, Residential, Diversified United States
1566445 BRE Select Hotels Corp. N/A N/A Equity REIT Hotel United States
1723028 Brix Student Housing REIT, Inc. N/A N/A Equity REIT Residential United States
1424182 Broadstone Net Lease, Inc. N/A N/A Equity REIT Industrial, Health Care, Office, Retail United States
1687237 CapRocq Core REIT, Inc. N/A N/A Equity REIT Office United States
1430259 Carey Watermark Investors 1 Incorporated (CWI® 1) N/A N/A Equity REIT Hotel United States
1609471 Carey Watermark Investors 2 Incorporated (CWI® 2) N/A N/A Equity REIT Industrial, Office, Retail, Self Storage United States
1482974 Carter Validus Mission Critical REIT N/A N/A Equity REIT Health Care, Data Centers United States
1567925 Carter Validus Mission Critical REIT II, Inc. N/A N/A Equity REIT Health Care, Data Centers United States
1648383 CNL Healthcare Properties II, Inc N/A N/A Equity REIT Health Care United States
1496454 CNL Healthcare Properties, Inc N/A N/A Equity REIT Health Care United States

*REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.