Having roots in the retail-based non-traded REITs sector, I suspect that Chambers Street will thrive, especially with its dividend policy. This could be a good buying opportunity as Chambers Street expects to price its shares toward a mid-range of $10.35. That means a dividend yield of around 5%.
My recommendation: Grab shares in the low $9s ($9-$9.25) and you may have another "sleep well at night" REIT.
At the time of publication the author had no position in any of the stocks mentioned.