NEW YORK--(BUSINESS WIRE)--United Realty Trust Incorporated ("URTI"), an SEC registered public non-traded REIT led by Jacob Frydman, today published its initial net asset value (NAV) of $12.51 per share. That represents a 19.7% increase over the initial offering price for its shares. URTI has adopted a valuation policy consistent with FINRA Rule 2014-006. Once the rule's reporting requirements go into effect, non-traded REITs will be required to report per share NAVs that provide more transpare