Investor Bulletin: Real Estate Investment Trusts (REITs)
Real estate investment trusts (“REITs”) have been
around for more than fifty years. Congress established
REITs in 1960 to allow individual investors to invest
in large-scale, income-producing real estate. REITs
provide a way for individual investors to earn a share
of the income produced through commercial real
estate ownership – without actually having to go out
and buy commercial real estate.
What is a REIT?
A REIT, generally, is a company that owns – and
typically operates – income-producing real estate or
real estate-related assets. The income-producing real
estate assets owned by a REIT may include office
buildings, shopping...