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Nontraded REITs Hit Second-Highest Annual Fundraising Mark

But Surge in Redemptions Cut Into Haul
Blackstone Real Estate Income Trust took in the largest amount of investment capital last year among nontraded real estate investment trusts. (CoStar)
Blackstone Real Estate Income Trust took in the largest amount of investment capital last year among nontraded real estate investment trusts. (CoStar)
CoStar News
January 23, 2023 | 5:00 P.M.

Nontraded real estate investment trusts recorded their second-highest fundraising haul ever in 2022, even after commitments slowed in the final two months of the year, hitting a low of $1.1 billion in November.

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