United Development Funding: A Ponzi Dependent On Debt? Non-traded REITs Note: This is part I we have more to say and will be providing a part II Non-traded REITs have become popular with investors over the past ten years as they promise high returns from real estate in an era when most banks are offering 0% interest on savings. However, non-traded REITs have also have attracted plenty of criticism for their opaque nature, illiquidity and high fees. The SEC is aware of the risk these vehicles post to investors. Non-traded REITs were picked out as one of the top five…
United Development Funding: A Ponzi Dependent On Debt?
Rupert Hargreaves
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk
