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REIT Definition

REIT Definition

August 28, 2008

A REIT is an entity organized as a Real Estate Investment Trust (REIT) for federal income tax purposes. In order to maintain REIT status on an on-going basis, a REIT must also operate in conformity with the requirements for REIT qualification under the Internal Revenue Code. The advantage of operating as a REIT is that [...]

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Hybrid REIT Definition

August 18, 2008

A Hybrid REIT is a Real Estate Investment Trust that physically owns real estate (e.g., apartment buildings, office buildings, shopping malls), as well as debt instruments secured by mortgages on real estate (e.g., first mortgages, mezzanine debt, CMBS, collateralized debt obligations). A Hybrid REIT therefore generates income from rent and capital gains, like an Equity [...]

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