REIT Public vs. Private REITs: Why the Private Version Usually Loses Private non-traded REITs charge 12% in upfront loads and ongoing fees. Public REITs cost 0.12%. The returns are worse, the liquidity is worse, the math is obvious.
REIT REITs: Real Estate Exposure Without the Landlord Hassle VNQ holds 160 REITs, yields 4%, and you never fix a toilet. The performance tradeoff vs. direct ownership isn't what most people think it is.