Atlanta, Georgia (PRWEB) March 12, 2012
Blue Vault Partners and Stoneforge Advisors are pleased to announce the formation of a new partnership focused on enhancing Blue Vault’s existing nontraded REIT publications and expanding the company’s consulting and custom research services.
Founded by Stacy Chitty and Vee Kimbrell in 2009, Blue Vault Partners, LLC was created for the purpose of providing unbiased research, education and enhanced transparency for the nontraded REIT industry. David Steinwedell is the owner of Stoneforge Advisors, an Austin based real estate investment and advisory firm.
As a Managing Partner, David Steinwedell brings 27 years of real estate experience to the partnership and will be an instrumental player in accelerating the growth of Blue Vault Partners’ business lines. In addition to working with Blue Vault, Steinwedell will also continue to lead Stoneforge Advisors.
“David’s background in commercial real estate and nontraded REIT executive experience provides our subscribers with unmatched insight into the industry,” stated Vee Kimbrell, Managing Partner, Blue Vault Partners.
“Having worked in both public and private real estate sectors as well as having facilitated some of the largest commercial real estate transactions in the country,” added Stacy Chitty, Managing Partner, Blue Vault Partners, “Steinwedell will add strategic guidance to our custom market research efforts.”
Blue Vault Partners is the only independent research firm providing both print and electronic access to educational materials, quarterly performance reports and unbiased nontraded REIT research. Nontraded REITs are public real estate investment trusts whose shares are issued directly by the sponsor and are not traded on a stock exchange. The nontraded REIT industry currently consists of 70 product offerings and raised an estimated $8.2 billion in new capital from investors in 2011.
About Blue Vault Partners, LLC
Atlanta-based Blue Vault Partners, LLC offers quarterly nontraded REIT reports and annual research subscriptions for financial advisors, broker/dealers, REIT sponsors and others serving the industry. NTR Review, LLC is a subsidiary of Blue Vault Partners, LLC. For more information about Blue Vault Partners’ research and reporting services, call 877-256-2304.