Real Estate Investment Trust (REIT)
A REIT is a company that owns - and typically operates - income-producing real estate or real estate-related assets, which may include mortgage debt as well as "real" property assets. Investor education materials describe publicly traded REITs as having securities registered with the SEC and listed on an exchange, with regular reporting.
- Where it applies
- Federal
- When it comes up
- Institutional investment; public markets
- Property types
- Public and private real estate operating and financing vehicles (equity and mortgage exposure)
In practice
REIT performance analysis often relies on industry-standard supplemental measures (e.g., FFO and AFFO) to complement GAAP results.
Read more in the Knowledge Base
- Portfolio Diversification - Balancing NYC Assets with Broader Real Estate HoldingsBuyers
- Post-Sale Capital DeploymentSellers
Related terms
Institutional and Capital Markets
- Agency Securities
- Commercial Mortgage-Backed Securities (CMBS)
- Ginnie Mae Mortgage-Backed Securities (Ginnie Mae I)
- Master Servicing Fee
- Pooling and Servicing Agreement (PSA)
- Preliminary Prospectus ("Red")
- Private Label Securities (Non-Agency Securities)
- Private Placement
- Prospectus
- Sub-Servicer
General information, not legal, tax or financial advice.