Which are the National Association of Real Estate Investment Trusts (NAREIT) classifies three typical types of private REITs?

Personal Finance
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ISBN:9781337669214
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Chapter16: Real Estate And High-risk Investments
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Which are the National Association of Real Estate Investment Trusts (NAREIT) classifies three typical types of private REITs? 

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Private real estate investment trust (REITs) or business excluded from SEC registration and whose securities are not listed on national stock exchanges. In general private REITs can only be sold to institutional buyers and these are not transacted in stock exchanges.

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