Non Camden Specific: What is a REIT (Real Estate Investment Trust)?
A REIT is a company dedicated to owning and operating income producing real estate such as apartments, shopping centers, offices and warehouses. Some REITs are also engaged in financing real estate. Most importantly, to be a REIT a company is legally required to pay virtually all of its taxable income (currently 90%) to its shareholders every year.
Related Questions
- How is this different than buying property from a real estate agent or buying into a REIT (Real Estate Investment Trust) with a broker?
- Do I need an appraisal license to value the assets of a real estate investment trust (REIT) or a mortgage-backed security?
- Non Camden Specific: What is a REIT (Real Estate Investment Trust)?