The REIT stuff? (real estate investment trust) (CEO Finance): An article from: Chief Executive (U.S.)
Book Details
Author(s)Jerome S. Karr
PublisherChief Executive Publishing
ISBN / ASINB00092SQLO
ISBN-13978B00092SQL3
MarketplaceUnited Kingdom 🇬🇧
Description
This digital document is an article from Chief Executive (U.S.), published by Chief Executive Publishing on September 1, 1993. The length of the article is 1383 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: There is renewed interest in real estate investment trusts (REITs) among investors who plan to use these shareholder-owned entities to take advantage of the upturn in the real estate industry. REITS are attractive to investors because their offer yields higher than certificates of deposit and Treasury bills, and are relatively liquid. They come in many forms, including umbrella partnership REITS, MegaREITs and 'roll-up' REITs. However, REITs also entail several pitfalls that prospective investors should look out for, such as their inflexibility and the requirement for REITs to pay out 95%, at the mimimum, of the untaxed earnings to their shareholders. To minimize risks, investors should avoid REITs leverage over 50% to 60%, those with individual managers and those that manage a wide variety of property types at various locations. Instead, investors should seek REITs with strong management and those with tenants who have longer-term leases.
Citation Details
Title: The REIT stuff? (real estate investment trust) (CEO Finance)
Author: Jerome S. Karr
Publication:Chief Executive (U.S.) (Magazine/Journal)
Date: September 1, 1993
Publisher: Chief Executive Publishing
Issue: n88 Page: p76(2)
Distributed by Thomson Gale
From the supplier: There is renewed interest in real estate investment trusts (REITs) among investors who plan to use these shareholder-owned entities to take advantage of the upturn in the real estate industry. REITS are attractive to investors because their offer yields higher than certificates of deposit and Treasury bills, and are relatively liquid. They come in many forms, including umbrella partnership REITS, MegaREITs and 'roll-up' REITs. However, REITs also entail several pitfalls that prospective investors should look out for, such as their inflexibility and the requirement for REITs to pay out 95%, at the mimimum, of the untaxed earnings to their shareholders. To minimize risks, investors should avoid REITs leverage over 50% to 60%, those with individual managers and those that manage a wide variety of property types at various locations. Instead, investors should seek REITs with strong management and those with tenants who have longer-term leases.
Citation Details
Title: The REIT stuff? (real estate investment trust) (CEO Finance)
Author: Jerome S. Karr
Publication:Chief Executive (U.S.) (Magazine/Journal)
Date: September 1, 1993
Publisher: Chief Executive Publishing
Issue: n88 Page: p76(2)
Distributed by Thomson Gale
