Jan 29 2016 | Article by: The DI Wire
MVP REIT II Inc., a publicly registered non-traded real estate investment trust, announced that its board of directors has authorized a 6 percent annualized distribution payment, based on a purchase price of $25 per common share. The distribution, which will be split between a 3 percent annualized distribution and a 3 percent stock dividend, is payable to stockholders of record as of January 24, 2016.
Blue Vault is just what advisors need to size up the different offerings in the nontraded REIT market. Just as importantly, it’s what the industry needs to encourage best practices among REITs.