Equity REITs
Most REITs operate as equity REITs, providing investors access to diverse portfolios of income-producing assets they would not be able to afford on their own. These real estate companies own properties in a range of real estate sectors that are leased to tenants, such as office buildings, shopping centers, apartment complexes and more. They distribute the bulk of their income to shareholders in the form of dividends. Learn more
mREITs
Mortgage REITs (mREITS) provide financing for income-producing real estate by purchasing or originating mortgages and mortgage-backed securities and earning income from the interest on these investments. Learn more
PNLRs
Public non-listed REITs (PNLRs) are registered with the SEC but do not trade on national stock exchanges. Liquidity options vary and may take the form of share repurchase programs or secondary marketplace transactions but are generally limited. Learn more
Private REITs
Private REITs are real estate funds or companies that are exempt from SEC registration and whose shares do not trade on national stock exchanges. Private REITs generally can be sold only to institutional investors. Learn more