Real Estate Investment Trusts (REIT) have raised $22 billion thus far in 2010 as reported by the National Association of Real Estate Investment Trusts, (NAREIT).
According to NAREIT’s mid-year report , REITs have raised $22 billion in debt and equity capital offerings so far this year and all together the REIT industry owns over $500 billion in real estate assets. NAREIT President & CEO Steven Wechler made the statement -”Through their skilled management teams, high-quality assets and strong dividends — which over longer periods have accounted for nearly two-thirds of total returns — REITs have consistently provided outstanding long-term performance for their investors.”
Sources of this content can be found in the entire story at HousingWire.com which is published by The LTV Group , Plano, Texas.
