This Crowdfunding REIT Is Going Public in 2022
The real estate investment trust (REIT) sector is ever-evolving. Mergers and privatizations subtract REITs from the investable universe, while initial public offerings and spinoffs provide new investment options. This past year has seen more subtractions than usual, as M&A activity in the sector has already hit a record high of more than $100 million.
However, replenishments are on the way. Modiv recently announced that it plans to seek a direct listing next year. The non-traded REIT would be the first one built via crowdfunding to list on a stock exchange.
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Source Fool.com
