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real estate investment trust |
Also found in: Financial, Wikipedia | 0.01 sec. |
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real estate investment trust n. nick-named REIT, a real estate investment organization which finds investors and buys real property and gives each investor either a percentage interest in the property itself or an interest in a loan secured by a mortgage or deed of trust on the property. Usually the loan is used to develop the property and build upon it, and then there is a division of profits upon sale---if there is a profit. |
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? References in periodicals archive |
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Margolis concentrates his real estate practice on leasing, acquisition, and development work for a variety of clients, including real estate investment trusts, foreign and domestic institutions, as well as corporate and individual investors. Last week Deutsche Bank Securities downgraded Kilroy, among other real estate investment trusts, to "hold" from "buy" over concerns the 10-year Treasury bill, which dictates interest rates, will rise above 5. The retail real estate investment trusts (REITs) covers companies or trusts engaged in the acquisition, development, ownership, leasing, management and operation of shopping malls, outlet malls, neighborhood and community shopping centers in the four most developed markets for REIT - the US, Canada, Australia, and Japan. |
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