On April 25, 2013, The IPA Board of Directors unanimously approved the adoption of the Non-Listed REIT Valuation Guideline. This Guideline is a landmark for the Investment Program Association and our industry. After two years of tireless work, we now speak with one voice about the recommended methodology for valuing Non-Listed REITs.
The IPA’s new Valuation Guideline is intended to benefit our members and the investing public by:
- Conforming with institutional real estate valuation standards
- Enhancing the independence of the valuation process
- Accelerating the availability of valuation information to investors
- Enhancing the quality of valuation disclosures to the investing public