, or REIT, IPOs in the first quarter of 2022. As of March 31, there have been 210 days since the last IPO, when Generation Income Properties raised $17 million on Sept. 2, 2021, which is the longest streak without a REIT IPO since 2014. In 2021, four IPOs raised a total of $857 million, with Phillips Edison & Company having the largest offering, worth $547 million.
Four Springs Capital Trust had planned to go public on the New York Stock Exchange in January 2022 but