REITs in the Community: Maryland House Majority Leader David Moon Meets with JBG SMITH

08/11/2023 | by

JBG SMITH (NYSE: JBG) CEO Matt Kelly, along with its vice presidents, social impact investing, Lily Goldstein and Dave Maggio, and Nareit CEO Steve Wechsler, met with Maryland House Majority Leader David Moon on Aug. 7. During the discussion, the majority leader learned about JBG SMITH’s investments in Maryland and its efforts to preserve and expand affordable housing in the state.

For more information, email Nareit SVP and Tax Counsel Dara Bernstein.

Companies:

Get Nareit Developments blog posts delivered straight to your inbox.

You Might Also Like...

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.