What does Real Estate Investment Trusts (REITs) mean?
Real Estate Investment Trusts (REITs) are a type of investment vehicle that allows individuals to invest in large-scale, income-producing real estate,s such as office buildings, apartments, and shopping centers. REITs are publicly traded on stock exchanges and provide investors with a way to invest in real estate without the need to buy and manage a property themselves. REITs are required to distribute at least 90% of their taxable income to shareholders in the form of dividends. This makes them a popular investment for those looking for a steady income stream.
Related Terms
Historic Structure
Flood Insurance
Amenity
Investment Property
Low-Ball Offer
Mortgage Insurance
Seller Take-Back
Queen Anne Style
Initial Interest Rate
Collection
Starter Home
Estimated Tax Savings
Open Space
Book Value
Unrecorded Deed
Building Line Or Setback
Vacancy and Credit Losses
Early Occupancy