Daniel Goodwin Honored at PNLR Council Meeting

10/18/2019 | by

Daniel Goodwin, chairman of Inland Real Estate Group of Companies, was honored at a Public Non-Listed REIT (PNLR) Council meeting in Washington, D.C., on October 16. Goodwin served as the founding chair of the council’s executive committee from the council’s creation in 2011 through the end of 2018.

Nareit President and CEO Steve Wechsler praised Goodwin’s exemplary service and dedication to the council and presented him with an award that reads, in part, “In recognition of extraordinary and outstanding service.” In his remarks, Goodwin reviewed the history of the council.

(Contact: Bonnie Gottlieb at bgottlieb@nareit.com)

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What's a REIT?

REITs, or real estate investment trusts, are companies that own or finance income-producing real estate across a range of property sectors. These real estate companies have to meet a number of requirements to qualify as REITs. Most REITs trade on major stock exchanges, and they offer a number of benefits to investors.

Why Invest in REITs

REITs historically have delivered competitive total returns, based on high, steady dividend income and long-term capital appreciation. Their comparatively low correlation with other assets also makes them an excellent portfolio diversifier that can help reduce overall portfolio risk and increase returns. These are the characteristics of real estate investment.

About Nareit

Nareit serves as the worldwide representative voice for REITs and real estate companies with an interest in U.S. real estate. Nareit’s members are REITs and other real estate companies throughout the world that own, operate, and finance income-producing real estate, as well as those firms and individuals who advise, study, and service those businesses.