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ATLANTA-A spokesman for BlueVault Partners, LLC, an Atlanta-based company which does research on non-traded REITs, says that in 2009 12 non-traded REITs were launched, a record. Non-traded REITs are becoming popular, because they offer higher yields than publicly traded REITs, says a spokesman for BlueVault. But comparing these two kinds of REITS may be a false comparison.

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