J.K.Lasser Pro Real Estate Investment Trusts: New Strategies for Portfolio Management Hardcover - 2002

First line

Real estate has been an important component of large institutional investment portfolios for the last century.

From the rear cover

Benefit from the outstanding investment opportunities that currently exist in the REIT industry

The growth of REITs as an asset class has created an excellent opportunity for small investors to participate in the ownership of institutional-quality real estate. Are you ready to help your clients make the most of this opportunity?

J.K. Lasser Pro Real Estate Investment Trusts thoroughly explains the nature of REITs and explores how this investment vehicle can be integrated and implemented into almost any client's portfolio. This invaluable resource discusses the benefits and performance characteristics of REITs and includes a chapter on each of the following forms of REITs available, including:

• Residential REITs
• Manufactured home community REITs
• Office REITs
• Industrial property REITs
• Retail REITs
• Hotel property REITs
• Health care REITs
• Self-storage REITs
• Specialized, diversified, and mortgage REITs

Filled with practical guidance, vital information, and in-depth interviews with some of the most respected individuals in the REIT industry, J.K. Lasser Pro Real Estate Investment Trusts is a valuable road map to an investment vehicle that can help you stabilize and grow any investor's portfolio.

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From the jacket flap

Understanding real estate investment trusts (REITs) as an asset class is important for anyone-whether you're a financial advisor or savvy investor-who deals with investments within a multi-asset class setting. With the "modern era" of REITs upon us, financial experts agree that this unique asset class should be a part of every investor's portfolio.

J.K. Lasser Pro Real Estate Investment Trusts thoroughly explains the advantages and benefits of modern REITs-liquidity, low volatility, dividends, professional management, and profits-and reveals how to integrate them into a portfolio to achieve balance and stability. Opening with a discussion of real estate as an investment and a brief history of REITs, this invaluable resource provides a solid starting point for the use of REITs as a portfolio diversification tool. From here, J.K. Lasser Pro Real Estate Investment Trusts will show you how real estate market characteristics, real estate development, and real estate partnerships can affect the overall performance of REITs.

Along with a complete review of REITs as an independent asset class and their role in a portfolio, J.K. Lasser Pro Real Estate Investment Trusts provides a detailed look at the different types of REITs, the various property sectors in which they invest, and their investment strategies. Included is information on:

• Residential REITs
• Manufactured home community REITs
• Office REITs
• Industrial property REITs
• Retail REITs
• Hotel property REITs
• Health care REITs
• Self-storage REITs

This well-rounded guide also provides coverage of advanced financial REIT topics such as paper clip REIT structure and taxable REIT subsidiaries, and includes timely advice from REIT industry experts Sam Zell, Michael Grupe, and many others.

The growth of REITs as an asset class has created an opportunity for small investors to participate in the ownership of institutional-quality real estate. Are you ready to help your clients make the most of this opportunity? To help you navigate your clients through the REIT marketplace, J.K. Lasser Pro Real Estate Investment Trusts explores all the aspects of REITs and gives you the vital information, practical guidance, and necessary tools to meet almost any client's investment needs.