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Private Reit

Private ReitAre there regulations that prohibit the marketing of the public from a private REIT or is it allowed?

I would like to create a private REIT closed, but am not sure about the regulations. Can I advertise and communicate all information online?

No, based on my understanding of your situation, you can not announce publicly. The main requirement is registration. As I'm assuming a Reg D offering, ie, <$ 1,500,000 invested funds, not more than 35 non-accredited (high net worth) individuals.

If I do not understand, then the requirements may differ.

Posted on January 22, 2010.
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