Skip to main content
Back to reference desk
Wrapper3 modules1 tools0 controlled examples1 document routes

Non-traded REIT

A real estate investment trust sold continuously without public exchange trading.

Why it matters

Monthly or quarterly liquidity programs can be reduced, prorated, or suspended.

What this means on AltHarbor

Use this concept when comparing property-level data with redemption pressure and valuation marks.

Product-page application

Use this when reviewing reit structure, nav policy, repurchase plan as mechanic fields. Product surfaces apply the same vocabulary to real fund facts.

Source checklist
  • Check the valuation policy and appraisal cadence.
  • Read the repurchase plan caps and suspension rights.
  • Trace distribution character before treating yield as income.
Tooltip / inline use

Check the valuation policy and appraisal cadence.

Apply this concept

Definition to source check to tool.

ToolWrapper Matrix

Use before applying strategy or performance claims so the wrapper does not get confused with the underlying asset class.

Live

Reference graph packet

One concept entry now routes to the full Learn system.

3Modules
1Tools
1Wrappers
0Examples
0Outputs
ToolWrapper Matrix

Use before applying strategy or performance claims so the wrapper does not get confused with the underlying asset class.

LiveWrapperNAV REIT / non-traded REIT

Usually monthly or quarterly share repurchase program with stated caps.

NAV REITModuleFund Structures: How Semi-Liquid Alternative Funds Are Built

The legal wrapper determines liquidity rights, tax treatment, oversight, and investor protections before a manager ever picks an asset.

StructuresModuleLiquidity and Redemptions: What Semi-Liquid Actually Means

How repurchase programs, tender offers, caps, gates, queues, and redemption waves shape the real exit experience.

LiquidityConceptInterval fund

A closed-end fund that must offer periodic repurchases under Rule 23c-3.

Shared module: StructuresConceptNon-traded BDC

A business development company that is registered but not exchange listed.

Shared module: Structures

Related modules

StructuresFund Structures: How Semi-Liquid Alternative Funds Are BuiltLiquidityLiquidity and Redemptions: What Semi-Liquid Actually MeansValuationValuation: How Alternative Fund NAVs Are Set - and Why It Matters

Related tools

LiveWrapper Matrix

Related wrappers

NAV REITNAV REIT / non-traded REIT

Advisor outputs

Leave with language and diligence prompts.

Client-safe summary

Non-traded REIT describes the legal and operational wrapper, not just the assets inside the fund.

What to check

Confirm liquidity rights, tax form, access channel, fee layers, source documents, and whether the board or manager can change the program.

Advisor phrasing

Start with the wrapper because it controls how the client enters, exits, receives tax reporting, and experiences costs.

Concept graph

Neighboring terms to inspect next.

WrapperInterval fundShared module: Structures / Shared module: LiquidityWrapperNon-traded BDCShared module: Structures / Shared module: LiquidityWrapperTender offer fundShared module: Structures / Shared module: LiquidityTax1099Shared module: Structures / Same wrapper row: NAV REITLiquidityGateShared module: Liquidity / Same wrapper row: NAV REITMetricNet asset valueShared module: Valuation / Same wrapper row: NAV REIT