Real Estate Investment Trusts (REITs) are companies that are usually publicly traded and that own, operate, or finance income-producing properties. As interest and mortgage rates remain high and housing inventory remains low, it can be difficult for Americans to invest in their own property. That's where REITs come in.Manwaring Neighborhood Ventures CEO Jamison Manwaring joins Wealth! to share top tips for playing the REIT space in today's landscape.Manwaring points out a "big distinction" for potential REIT investors: "One of the important things with REITs is there are many that are publicly traded. And then there are many that are not publicly traded. And the ones that are not publicly traded like the one we do at Neighborhood Ventures doesn't have a correlation with the market. And typically a publicly traded REIT, even if the underlying assets are performing well it may go down along with the rest of the stock market because it's publicly traded."
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13 май 2024
