North Dakota drops extra hurdle for REIT investors

BISMARCK, N.D. – In a move aimed at simplifying investment access and aligning with national norms, the North Dakota Insurance Commissioner has rescinded a 2018 order that imposed stricter financial requirements on residents investing in certain real estate investment trusts (REITs) and other direct participation programs.The now-rescinded rule required North Dakota investors to have a...

To access content, please login or purchase a subscription.