LODAS Markets, an automated online marketplace matching buyers and sellers of non-traded, real estate investment trusts and other alternatives, unveiled expanded market data for select alternative investments, increasing transparency for issues listed for trading on LODASMarkets.com.
The data is free and updated daily for certain non-traded REITs, business development companies, and other products.
LODAS leverages its proprietary AI tools to parse information from Securities and Exchange Commission filings, packaging data from corporate financials, regulatory filings, and other sources for investors and financial advisors. For Blackstone Inc.’s BREIT, for example, the site offers detailed historical net asset value and funds from operation information and other key metrics dating to 2017, presented in an easy-to-decipher format.
“We began our mission to modernize alternative investments by streamlining the process to buy and sell these assets, making it as simple as trading registered stocks,” said Brian King, LODAS’ founder and CEO. Our enhanced market data platform goes a step further, offering investors an unprecedented level of transparency for alternative investments, similar to what they experience when analyzing stocks on Yahoo Finance and other websites.”
According to LODAS, advisers, investors and other market participants can quickly access free data on LODAS by visiting the site and completing the 60-second registration process. This includes historical information such as funds from operations, annualized redemptions and distributions, assets and liabilities, and tender offers, as provided by regulators and issuers. LODAS cannot, and does not, verify the content, accuracy or completeness of this information.
LODAS stands for Liquidity On Demand As a Service, representing the company’s goal of providing all investors – from individuals to sponsors, to large funds – with liquidity on their terms. Launched in 2021 as Realto, Inc., LODAS is an automated online marketplace matching buyers and sellers of assets like non-traded REITs, business development corporations, and private real estate investments. LODAS Securities LLC, Member FINRA/SIPC, is a subsidiary of LODAS Markets, Inc.