Talk of The Villages Florida - View Single Post - If you pulled 250k out of the stock market....where would you put it?
Thread: If you pulled 250k out of the stock market....where would you put it?
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Old 09-13-2010, 10:02 AM
REDCART REDCART is offline
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In the NYC metro area, David Lerner and Associates has a following. Since 1993, they have created a number of illiquid REITs which invest in prime hotel properties, Hilton, Marriott (and Marriott subsidiaries). Their current offering, Apple Nine ($2 billion cap) has been paying 8 percent. I've heard some financial planner poo poo this investment but it appears to have below average risk. Anyone have experience with David Lerner or their Apple REITs investment? Seems like a nice place to park money at this time.

George