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Liquidity Management at REITs: Listed & Public Non-traded

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Public non-traded REITs have high equity issuance costs, weak governance mechanisms, finite-life structures, and defined periods when there is access to equity. These conditions affect the precauti... Click to show full abstract

Public non-traded REITs have high equity issuance costs, weak governance mechanisms, finite-life structures, and defined periods when there is access to equity. These conditions affect the precauti...

Keywords: listed public; non traded; management reits; reits listed; public non; liquidity management

Journal Title: Journal of Real Estate Research
Year Published: 2019

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