Portfolio - REITs
Schorsch Pledges 'No Pressure' to Sell Nontraded REITs
Thursday, February 27, 2014
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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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