Nontraded REIT Acquisition to Make One of the Largest Networks in the U.S.

[GoLeft TV]

From Ring of Fire:

Last week, Nicholas Scorsch announced his intentions to acquire Cetera Financial Group, through RCS Capital and form one of the largest independent broker-dealer networks in the U.S..

Scorsch has been making waves for years in the real estate investment industry. Shortening times that investors normally expect on nontraded-REIT investments to return any revenue, Scorsch’s business has been changing the paradigm on nontraded-REITs.

Nontraded REITs are a variant on traditional, publicly traded REITs but carry with them some significant risks for everyday investors.

You can read the full article here at Ring of Fire.