What types of properties do REITs purchase?
REITs invest in a variety of property types and each REIT will take a different strategy in the types of properties they acquire and the objectives of those properties. Property types include office buildings, shopping centers, healthcare facilities, apartments, hotels, warehouses, self-storage facilities and more. Most REITs specialize in one property type. For example, a multi-family apartment REIT will look to acquire and manage only apartment or apartment types of assets and a healthcare REIT will specialize in acquiring and managing health care facilities. On the other hand, there are some REITs that are more “hybrid” in that they don’t seek one particular type of property. Instead, they look to acquire multiple property types in an effort to achieve a certain objective. REITs will also differ with respect to acquisition objectives. For example, while one REIT might look for more stable properties that have existing tenants in place, with long term leases and located in stable rea
