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 revised andupdated Investing in REITs: Real Estate Investment Trusts, FourthEdition does exactly that.
Widely known as the classic book on real estate investmenttrusts for the sophisticated investor, this edition providesup-to-date info and industry trends. Written byREIT investment pro Ralph L. Block, it looks at all of the keydevelopments and strategies which have taken place in the REITindustry during the last several decades, presenting invaluableinformation and advice on how 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 choices for investing in them.
REIT investing has become more and more common in the aftermathof the real estate crisis. A liquid, dividend-paying way toparticipate in the real estate market has track record of providing excellent investment returns. Theirconsistency, together with the correlation of REIT stock priceswith the prices of other asset classes, make such investments opportunity.
A vital read for both individuals--investors, financialplanners, and investment advisors--and associations interestedin investing in real estate through REIT stocks,Investing in REITs continues to set the Reits bar for advice.