Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

A Member of the Law Professor Blogs Network

Friday, February 8, 2013

REITbid, an Online Auction Platform

MoneyREITbid is now offering "a new online auction platform that matches buyers and sellers of shares in existing non-traded public real estate investment trusts (REITs)." The program is designed to create a easy way to make illiquid assets liquid. According to REITbid, these are the advatanges to their program:

In addition to offering a liquidity option and streamlining the entire process of buying, selling and transferring shares, REITbid provides several other unique advantages including:

  • User-friendly platform that is easy enough for virtually any qualified investor to use
  • Transparency – provides instant access to non-traded REIT metrics and links to SEC filings and sponsor data; users can also view all pending bid activity on each auction
  • Convenience – ability to bid on and find documentation about available non-traded REITs 24 hours per day
  • Security – strict multi-layer protection of all documents and personal data

http://lawprofessors.typepad.com/trusts_estates_prof/2013/02/reitbid-an-online-auction-platform.html

Current Affairs, Estate Planning - Generally, Web/Tech | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef017c36ac9c8e970b

Listed below are links to weblogs that reference REITbid, an Online Auction Platform:

Comments

Post a comment