In this episode of Strategic Investor Radio, host Charley wright interviews Michael Stubben, founder and president of Phoenix-based Summit Real Estate Advisory Services. Summit produces analytical research reports, primarily for financial advisors, on mostly non-listed REITs and BDCs (business development companies). The firm covers some publically traded REITs that were previously unlisted and haven’t gained much analyst coverage yet. Summit’s quarterly reports cover all 71 non-listed REITs that file with the SEC – they are pretty much alone in their field.