REIT’s are an important part of the economy
REITS are an important part of the economy. Investor’s portfolio and local communities.
REITs own approximately $3.5 trillion in gross real estate assets, with more than $2 trillion of that total from public listed and non-listed REITs and the remainder from privately held REITs. The economic and investment reach of those assets are felt by millions of Americans all across the country.
REITs have outperformed the S&P 500 over the past 20- and 30-year periods. REITs contribute an estimated 2.9 million full time jobs to the US economy.