Real Estate Investment Trusts (REITs) are firms that investdirectly in commercial real estate properties, but whose sharestrade as stocks on the major exchanges. So does the need for an in-depth, dependable, yet accessibleresource for understanding these investments. The andupdated Investing in REITs: Real Estate Investment Trusts, FourthEdition does exactly that.
Widely known as the book on real estate investmenttrusts for the investor, this edition providesup-to-date information and industry trends. Written byREIT investment pro Ralph L. Block, it looks at all of the keydevelopments and strategies that have occurred in the REITindustry over the last several years, presenting invaluableinformation and advice on how Passive Income best to value individual REITs (as wellas REIT shares generally), the risk-and-reward dynamics ofcommercial real estate, and how to spot blue-chip REITs and controlinvestment risk. In addition, an entirely new chapter, written byindustry veterans Kenneth Campbell and Steven Burton, seems atnon-U.S. REITs and options for investing in them.
REIT investing has become more and more common in the aftermathof the real estate crisis. A liquid way toparticipate in the real estate market has along track record of providing excellent investment returns. Theirconsistency, along with the low correlation of stock priceswith the costs of other asset classes, make such investments aunique opportunity.
An essential read for both individuals--investors, financialplanners, and investment advisers --and institutions interestedin investing in commercial real estate through stocks,Investing in REITs has been set the bar for REIT informationand advice.