A non-traded REIT is a company that owns, operates, and/or finances primarily income-producing real estate assets. They are not traded on an open exchange and are available to investors that meet certain state-mandated suitability requirements.1 Non-traded REITs give investors the ability to invest in private real estate assets that provide tax-advantaged income, while offering periodic liquidity. REITs were created in 1960 to provide investors with access to real estate investments.