REITs in the Community: State Sen. Brian Feldman visits with JBG SMITH and Pebblebrook Hotel Trust

05/17/2023 | by

JBG SMITH and Pebblebrook Meeting — L to R: AJ Jackson, JBG SMITH; Matt Kelly, JBG SMITH; Jon Bortz, Pebblebrook Hotel Trust; Steve Wechsler, president & CEO, Nareit; Maryland Sen. Brian Feldman (LD 15, Montgomery County).

May 16, 2023 – State Sen. Brian Feldman (SD-15) visited the headquarters of JBG SMITH (NYSE: JBG) in Bethesda, MD and met with representatives from JBG SMITH and Pebblebrook Hotel Trust (NYSE: PEB). During the visit, the State Senator, the chairman of the MD Senate Education, Energy, and the Environment Committee, learned about the many important contributions REITs make to local communities throughout the state and received an update on JBG Smith and Pebblebrook’s recent developments across the country.

Contact: Tony Edwards at tedwards@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.