The 'X' Factor For Public REITs

Walter Bibikow Originally created in 1960, the REIT structure’s purpose was to democratize real estate for the masses. In addition to managing properties, reporting and complying with SEC requirements, and paying dividends from cash flow, they also employ finance, investment, development, and strategic personnel to make decisions that can grow value beyond a steady state portfolio. In fact, years ago they dropped the ‘trust’ classification and are now corporations (just like Apple and Exxon) that qualif ...