NON-TRADED REIT RESEARCH

Non-Traded REIT
Directory

Research non-traded REIT programs, sponsors, liquidity status, repurchase programs, and potential secondary market options.

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HOW TO USE THIS DIRECTORY

Research Non-Traded REIT Programs

Use the directory below to find specific non-traded REIT programs, review current liquidity information, and open individual program profiles for more detailed research.

01

Search By Name Or Sponsor

Use the search field to quickly locate a specific REIT program or investment sponsor.

02

Review Liquidity Status

Compare current repurchase availability, tender activity, restructuring status, and other liquidity considerations.

03

Open The Program Profile

Select any REIT to review sponsor details, transfer considerations, valuation references, and potential secondary market options.

Non-Traded REIT Research

Non-Traded REIT Directory

Research non-traded REIT programs, sponsors, liquidity status, repurchase programs, and potential secondary market options.
CIM Real Estate Finance Trust
NON-TRADED REIT

CIM Real Estate Finance Trust

Liquidity Limited Secondary Market Liquidity
Limited Liquidity
VIEW PROGRAM DETAILS
KBS Real Estate Investment Trust III
NON-TRADED REIT

KBS Real Estate Investment Trust III

Liquidity Limited Secondary Market Liquidity
No Active Repurchase Program
VIEW PROGRAM DETAILS
Strategic Student & Senior Housing Trust
NON-TRADED REIT

Strategic Student & Senior Housing Trust

Liquidity Limited Secondary Market Liquidity
Suspended Repurchases
VIEW PROGRAM DETAILS
Highlands REIT
NON-TRADED REIT

Highlands REIT

Liquidity Tender Offer / Limited Secondary Market Liquidity
2026 TENDER OFFER
VIEW PROGRAM DETAILS
Lightstone Value Plus REIT II
NON-TRADED REIT

Lightstone Value Plus REIT II

Liquidity Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
Pacific Oak Strategic Opportunity REIT
NON-TRADED REIT

Pacific Oak Strategic Opportunity REIT

Liquidity Suspended Redemption Program / Limited Secondary Market Liquidity
Suspended Repurchases
VIEW PROGRAM DETAILS
Inland Real Estate Income Trust
NON-TRADED REIT

Inland Real Estate Income Trust

Liquidity Limited SRP Liquidity / Secondary Market Review
Limited Repurchases
VIEW PROGRAM DETAILS
Moody National REIT II
NON-TRADED REIT

Moody National REIT II

Liquidity Approved Liquidation / Limited Secondary Market Liquidity
Liquidating / Restructuring
VIEW PROGRAM DETAILS
VineBrook Homes Trust
NON-TRADED REIT

VineBrook Homes Trust

Liquidity Generally Suspended Repurchase Plan / 2026 Tender Offer / Limited Secondary Market Liquidity
Tender Offer
VIEW PROGRAM DETAILS
Silver Star Properties REIT
NON-TRADED REIT

Silver Star Properties REIT

Liquidity Chapter 11 Bankruptcy / Highly Limited Liquidity / Distressed Secondary Market
Liquidating / Restructuring
VIEW PROGRAM DETAILS
Summit Healthcare REIT
NON-TRADED REIT

Summit Healthcare REIT

Liquidity Non-Traded / Limited Secondary Market Liquidity
Limited Liquidity
VIEW PROGRAM DETAILS
Lightstone Value Plus REIT I
NON-TRADED REIT

Lightstone Value Plus REIT I

Liquidity Limited Death / Hardship Repurchases and Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
Lightstone Value Plus REIT V
NON-TRADED REIT

Lightstone Value Plus REIT V

Liquidity Limited Secondary Market Liquidity
Limited Liquidity
VIEW PROGRAM DETAILS
Lightstone Value Plus REIT III
NON-TRADED REIT

Lightstone Value Plus REIT III

Liquidity Limited Secondary Market Liquidity
Limited Liquidity
VIEW PROGRAM DETAILS
Strategic Realty Trust
NON-TRADED REIT

Strategic Realty Trust

Liquidity Historical / Limited Liquidity
Liquidation / Dissolution
VIEW PROGRAM DETAILS
Lodging Fund REIT III
NON-TRADED REIT

Lodging Fund REIT III

Liquidity Limited Secondary Market Liquidity
Strategic Alternatives Under Review
VIEW PROGRAM DETAILS
JLL Income Property Trust
NON-TRADED REIT

JLL Income Property Trust

Liquidity Repurchase Plan / Limited Secondary Market Liquidity
Active Repurchase Plan; Limits Apply
VIEW PROGRAM DETAILS
Starwood Real Estate Income Trust
NON-TRADED REIT

Starwood Real Estate Income Trust

Liquidity Repurchase Restrictions / Limited Liquidity
Repurchase Restrictions
VIEW PROGRAM DETAILS
Blackstone Real Estate Income Trust (BREIT)
NON-TRADED REIT

Blackstone Real Estate Income Trust (BREIT)

Liquidity Repurchase Plan / Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
Nuveen Global Cities REIT
NON-TRADED REIT

Nuveen Global Cities REIT

Liquidity Repurchase Plan / Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
Hines Global Income Trust
NON-TRADED REIT

Hines Global Income Trust

Liquidity Repurchase Plan / Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
Cantor Fitzgerald Income Trust
NON-TRADED REIT

Cantor Fitzgerald Income Trust

Liquidity Repurchase Plan / Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
Ares Real Estate Income Trust
NON-TRADED REIT

Ares Real Estate Income Trust

Liquidity Repurchase Plan / Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
KKR Real Estate Select Trust
NON-TRADED REIT

KKR Real Estate Select Trust

Liquidity Quarterly Repurchase Plan / Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
J.P. Morgan Real Estate Income Trust
NON-TRADED REIT

J.P. Morgan Real Estate Income Trust

Liquidity Issuer Program / Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
Apollo Realty Income Solutions
NON-TRADED REIT

Apollo Realty Income Solutions

Liquidity Issuer Program / Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
Brookfield Real Estate Income Trust
NON-TRADED REIT

Brookfield Real Estate Income Trust

Liquidity Issuer Program / Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
Blue Owl Real Estate Net Lease Trust
NON-TRADED REIT

Blue Owl Real Estate Net Lease Trust

Liquidity Quarterly Repurchase Plan / Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
InPoint Commercial Real Estate Income
NON-TRADED REIT

InPoint Commercial Real Estate Income

Liquidity Issuer Program / Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
Lightstone Value Plus REIT IV
NON-TRADED REIT

Lightstone Value Plus REIT IV

Liquidity Issuer Program / Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
NON-TRADED REIT

Invesco Real Estate Income Trust

Liquidity Issuer Program / Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
NON-TRADED REIT

EQT Exeter Real Estate Income Trust

Liquidity Issuer Program / Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
NON-TRADED REIT

RREEF Property Trust

Liquidity Issuer Program / Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
FS Credit Real Estate Income Trust
NON-TRADED REIT

FS Credit Real Estate Income Trust

Liquidity Issuer Program / Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
ExchangeRight Essential Income REIT
NON-TRADED REIT

ExchangeRight Essential Income REIT

Liquidity Issuer Program / Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
Cohen & Steers Income Opportunities REIT
NON-TRADED REIT

Cohen & Steers Income Opportunities REIT

Liquidity Issuer Program / Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
North Haven Net REIT
NON-TRADED REIT

North Haven Net REIT

Liquidity Issuer Program / Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
Procaccianti Hotel REIT
NON-TRADED REIT

Procaccianti Hotel REIT

Liquidity Issuer Program / Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
Strategic Storage Trust VI
NON-TRADED REIT

Strategic Storage Trust VI

Liquidity Issuer Program / Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
GTJ REIT
NON-TRADED REIT

GTJ REIT

Liquidity Issuer Program / Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
CNL Healthcare Properties
NON-TRADED REIT

CNL Healthcare Properties

Liquidity Merger Completed; Record And Settlement Review
Liquidating
VIEW PROGRAM DETAILS
Ares Industrial Real Estate Income Trust
NON-TRADED REIT

Ares Industrial Real Estate Income Trust

Liquidity Issuer Program / Limited Secondary Market Liquidity
Limited Repurchases
VIEW PROGRAM DETAILS
No results found. Try adjusting your search or filters.

Don’t See Your REIT?

AIL reviews a broad range of non-traded REITs and other illiquid alternative investments. Request a Confidential Investment Review to explore potential liquidity options.
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DIRECTORY FAQS

Non-Traded REIT
Directory Questions

Use these FAQs to better understand the information presented in the directory, how liquidity status is described, and how to request a Confidential Investment Review.

What is the Non-Traded REIT Directory?

The directory is a research resource for reviewing individual non-traded REIT programs, sponsors, liquidity status, repurchase activity, transfer considerations, and potential secondary market options.

Can non-traded REIT shares be sold?

In some cases, yes. Available liquidity may depend on the REIT's repurchase program, transfer restrictions, tender activity, ownership structure, documentation, and current secondary market demand. Each investment should be reviewed individually.

What does liquidity status mean?

Liquidity status provides a general indication of the current availability of sponsor repurchases, tender offers, restructuring activity, liquidation activity, or other potential exit pathways. Status can change over time and may be subject to eligibility requirements and program-specific restrictions.

Is NAV the same as the price I could receive for my shares?

No. A published net asset value, sponsor repurchase price, tender offer price, and potential secondary market value are different reference points. The amount available in a transaction can vary based on the investment, transferability, market demand, transaction size, and other factors.

What if my REIT is not listed in the directory?

AIL reviews a broader range of non-traded REITs than may be displayed in the directory. If your investment is not listed, you can still request a Confidential Investment Review so the specific position can be evaluated.

How current is the information in each REIT profile?

AIL profiles are updated using available issuer disclosures, regulatory filings, repurchase program information, tender activity, and other relevant sources. Because program terms and liquidity conditions can change, investors should review the dates and source references presented on each profile.

Does every REIT in the directory qualify for a secondary market transaction?

No. Inclusion in the directory does not mean that a transaction is currently available. Transfer restrictions, sponsor requirements, account type, position size, documentation, purchaser qualifications, and current market demand may affect whether liquidity is available.

How do I request a review of my REIT position?

You can submit the investment through AIL's Confidential Investment Review. An initial review generally begins with the REIT name, approximate ownership amount, account or ownership type, and available documentation confirming the position.

CONFIDENTIAL INVESTMENT REVIEW

Need Help Reviewing
Your Non-Traded REIT?

If you are considering liquidity for a non-traded REIT position, AIL can review the investment, ownership structure, documentation, transferability, sponsor requirements, valuation considerations, and potential secondary market options.

REQUEST A CONFIDENTIAL REVIEW