Updated Saturday, October 25, 2014 as of 10:56 PM ET

Schorsch Pledges 'No Pressure' to Sell Nontraded REITs

Nontraded REITs -- the illiquid and scrutinized but potentially high-yielding real estate securities -- aren't for everybody, says Nicholas Schorsch, the executive chairman of RCS Capital. And, he claims, RCS' burgeoning empire of advisors and brokers will face "no pressure" to sell the products to their mass affluent clients.

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