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What is cost reimbursement?

Updated over a week ago

Some upfront costs are included when a property is acquired, such as furnishing (if applicable), trustee fees, and brokerage fees. These costs are spread over an expected 5-year holding period.

If you choose to sell your shares before the 5 years, you’ll be reimbursed for the unused portion of these costs.

For example, if you sell after 2 years, you’ll receive back the remaining 3 years’ worth of those costs.

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