Morris DeFeo moderated a panel on Net Asset Value REITs, "Traditional" Lifecycle Non-Listed REITs; and BDCs at IMN's 16th Annual New York Non-Listed Alternative Investment Products Symposium. The panel focused on what's driving sales for non-listed REITs, the pros and cons of non-listed vs. listed REITs, and the key features of non-listed REITs and BDCs, among other topics. Individual panelist perspectives on the industry outlook was also discussed.