Nareit’s PNLR Council Submits Comments to the SEC

08/10/2018 | by

On Aug. 6, Nareit’s Public Non-listed REIT (PNLR) Council submitted comments to the Securities and Exchange Commission (SEC) regarding its proposed Regulation Best Interest (Reg BI). The PNLR Council commended the SEC for grounding the Reg. BI Proposal in its existing disclosure framework, which has well-served retail investors for more than 80 years.

The council also expressed strong support for the principles-based approach underlying the Reg BI Proposal, which it believes is likely to best promote circumstances enabling retail investors to make informed choices about the type of account and type of financial product that best serves their needs.

Contact: Victoria Rostow (VRostow@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.