REIT’s are an important part of the economy

REIT’s are an important part of the economy

REITs are an important part of the economy, investors’ portfolios and local communities. Taken individually, a single REIT-owned property can change the entire complexion of a neighborhood. When viewed as an entire industry, REITs significantly contribute to the tax base, job market and community.

REITs own more than $3 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.

Read the full story from Nareit here >

You might also be interested in...

Successful traits for real estate professionals
People with vision and tenacity make excellent candidates for jobs in mixed use real estate. Projects such as The Yards in Washington D.C. take time, patience, persistence, and passion to turn dreams into a reality.
Read More
`