Non-Traded Reits Suffer Further Devaluations.
Posted on December 31, 2012 at 09:05 AM EST
Several large non-traded REITs recently announced further devaluations. For example, Inland American REIT recently announced that its valuation was decreasing to $6.93 per share (down from its latest valuation of $7.22 per share, and even lower from its original value of $10 per share). [More...]