REITs in the Community: Kustoff Visits MAA and EdR

07/07/2017

June 1, 2017 - Rep. David Kustoff (R-TN), second from left, met with executives from MAA (NYSE: MAA) and EdR (NYSE: EDR) at MAA's headquarters in Memphis, Tennessee. During the visit, Rep. Kustoff, a member of the House Financial Services Committee, was briefed on the role of REITs in the economy as well as MAA and EdR's investments in Tennessee. Pictured from left to right are, Eric Bolton, chairman & CEO, MAA, Rep. Kustoff, Robert DelPriore, executive vice president and general counsel, MAA, and Randy Churchey, chairman & CEO, EdR.

(Contact: Steven Lowery at slowery@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.