Blind Pool Reit

Sure you do because the good old days for blind pool investments have never disappeared for long.
Blind pool reit. A new reit structured as a blind pool ny residential reit launched this week with an online fundraising goal of 50 million. Other possible assets include a more diverse range of. The reit expects to hold a minimum of 55 in commercial mortgage related instruments. The blind pool gathers money from investors who then trust the general partner s and managers of the pool to invest wisely.
Blind pools have a shaky reputation as the. In a blind pool money is raised from investors usually trading on. That really created a unique opportunity for us particularly because we don t have any legacy issues whether it be about balance sheet issues or whether it be assets that have already been maximized in terms of their operational efficiencies or. Blind pool a limited partnership that does not announce its intentions as to what properties will be acquired.
A blind pool reit you might like by lanres remember the good old days when syndicators used to launch new investment vehicles sometimes in the form of reits that were blind pool investments i e no properties were owned or controlled at the time of initial capital raising. Blind pool a limited partnership without any stated investment goals. A limited partnership or stock offering with no stated investment goal for the funds that are raised from investors.