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In late 2022 we analyzed BREIT and concluded that BREIT had been systematically inflating its NAV, smoothing its returns and misleading investors. The intervening 18 months have confirmed our opinions.
We focused on BREIT because it was a juggernaut and a poster child for the nontraded REIT industry trying to rebuild after its prior "lifecycle" flimflam was no longer tenable in the face of...
You can download a PDF copy of this post to print or email here.
You can download an Excel file containing some of our analysis of Aegis' sole underwritten offerings
here.
Introduction
Aegis Capital is one of the worst few retail brokerage firms based on complaints and investors should avoid it at all costs. You can see our recent post on bad brokerage firms here
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