Initial Public Offering
GettyThe number of REIT initial public offerings, or IPOs, has certainly fallen from the good old days. In 2013, for instance, there were 19 of them in all.
In 2017, however, there were nine REIT IPOs that, together, raised around $2.9 billion in gross proceeds. For 2018, that number dropped down to five (though gross proceeds did jump to $3.3 billion).
So far, between…