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 precisely that.
Widely considered the book on real estate investmenttrusts for the investor, this new edition providesup-to-date info 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 during the last several decades, presenting invaluableinformation and guidance 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. Moreover, an Rentals Vs Reits 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 increasingly popular in the aftermathof the real estate crisis. A dividend-paying way toparticipate in the real estate market, investing in REITs has along track record of providing excellent investment returns. Theirconsistency, along with the correlation of stock priceswith the prices of other asset classes, make such investments 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 continues to set the bar for REIT advice.