Non-Traded REIT Indices - Q4 2023
- jackkearney54
- Apr 25, 2024
- 1 min read
Updated: Aug 28, 2024
Q4 Performance Summary
SKRADD Non-Traded Equity REIT Indices: The SKRADD-NTRE, which allows for the inclusion of both diversified and sector-specific programs, returned -3.6% in Q4 2023. The SKRADD-NTRED, which includes only diversified programs, returned -3.2% for the quarter.
Publicly-Traded REITs: The more volatile S&P United States REIT Index generated a return of 16.0% in Q4, meaningfully outperforming non-traded REITs.
Core Real Estate Funds: The NCREIF Fund Index - Open-end Diversified Core Equity total return gross of fees for the quarter was -4.8%, underperforming both non-traded REIT indices.
Property-Level Returns: The NCREIF Property Index modestly outperformed non-traded REITs during the period with a return of -3.0%.
Non-Traded Equity REITs on Altidar:
Highest Return: Apollo Realty Income Solutions: 1.8% for the quarter.
Lowest Return: Cottonwood Communities: -13.6% for the quarter.
Download Q4 Report
For a more in-depth analysis, download the full Q4 index update below. This report offers a historical perspective on the index returns, real estate benchmark comparisons, and recent performance data for the non-traded equity REITs featured on the Altidar platform:
