VineBrook Homes Trust Begins Trading on LODAS Markets

LODAS Markets, an operator of a web-based marketplace for the secondary trading of illiquid real estate and alternative investments formerly known as Realto Inc., announced that VineBrook Homes Trust, which is externally managed by NexPoint Real Estate Advisors V L.P., is now trading on LODASMarkets.com.

Vinebrook joins more than 30 non-traded and private REIT securities currently offered on the proprietary LODAS marketplace.

As The DI Wire previously reported, Blackstone Real Estate Income Trust and Starwood Real Estate Income Trust also began trading on the LODAS marketplace.

LODAS says that the company currently has nearly $1 billion in buy side interest for BREIT alone.

“We’re excited to offer VineBrook Homes Trust investors the secondary liquidity they may seek and appreciate the opportunity to partner with NexPoint, one of the leading, and most influential, managers of alternative investments,” said LODAS Markets chief executive officer Brian King. “We look forward to building upon this relationship as we offer investors of all sizes the ability to buy when they want to buy and sell when they want to sell.”

Vinebrook also announced the recent appointment of Brian Mitts as the company’s president, after Mitts previously served as interim president since September 2021.

Vinebrook Homes Trust is primarily focused on acquiring, renovating, leasing, and managing single-family rental homes located in large- to medium-sized cities and suburbs in the Midwest, Heartland, and Southeast.

The REIT launched its Regulation D private placement offering in November 2018 and oversees an approximately $3.5 billion portfolio of 26,697 single-family rental properties, as of Sept. 30, 2022.

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