Tuesday, September 13, 2016

Craig McCann’s Comment Letter in Support of NASAA’s REIT Guidelines

Yesterday, Craig McCann, President of SLCG, submitted a comment letter in support of NASAA’s proposed concentration limit for nontraded REITs. He also urged NASAA to find a mechanism for ensuring roll-up and advisory contract protections promised by Sponsors to investors as a condition for receiving registration permission are not summarily eliminated when capital raises end and investors truly need these protections. Dr. McCann’s comment letter is available here.

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