United Development Funding: A Ponzi Dependent On Debt?Rupert Hargreaves
United Development Funding: A Ponzi Dependent On Debt?
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 . . .
This content is exclusively for paying members. Sign up here
If you are subscribed and having an account error please clear cache and cookies if that does not work email email@example.com or click chat