REITs in the Community: Meeting with Rep. Chris Van Hollen in Maryland

10/12/2015

October 7, 2015 - Representative Chris Van Hollen (D-MD) (center), the highest ranking Democrat on the House Budget Committee and candidate for U.S. Senate from Maryland, met with REIT executives at Federal Realty Trust's (NYSE: FRT) Pike and Rose Development in North Bethesda, Maryland. Among those in attendance were (from left to right): Michael Barnello, president & CEO of LaSalle Hotel Properties (NYSE: LHO); Thomas Baltimore, president & CEO of RLJ Lodging Trust (NYSE: RLJ); Ed Walter, CEO & director of Host Hotels & Resorts (NYSE: HST); and Brendan Herron, EVP & CFO of Hannon Armstrong Sustainable Infrastructure Capital (NYSE: HASI).

(Contact: Kirk Freeman at kfreeman@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.