KBS Capital Closes $2B Nontraded REIT

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Last updated: June 27, 2008 08:50am

KBS Capital Closes $2B Nontraded REIT

By Bob Howard

NEWPORT BEACH, CA-KBS Capital Advisors closes its first nontraded REIT after raising $1.67 billion from 42,000 investors and acquiring more than $2.1 billion in assets.

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