REITs in the Community: Meeting with Senator Michael Bennet in Colorado

09/04/2015

August 16, 2015 - Senator Michael Bennet (D-CO) (third from right) and Representative Ed Perlmutter (D-CO) (left) met with a group of NAREIT members to discuss the state of the REIT industry and the business and political climate in Colorado. NAREIT attendees included (from left to right): Kim Campbell, Senior Manager, Property Management, Macerich; Phil Hawkins, CEO, DCT Industrial Trust; Thomas Wattles, Executive Chairman of the Board, DCT Industrial Trust; Tom Toomey, Chief Executive Officer, President, and Director, UDR, Inc.; Luca Fabbri, CFO, Secretary and Treasurer, Farmland Partners; Paul Pittman, Executive Chairman, President, and CEO, Farmland Partners.

(Contact Steven Lowerey 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.