Did you know?

 

REITs own nearly 18 million acres of U.S. timberlands and provide much of the lumber needed for construction around the world.

 

REITs provide best-in-class management and are able to leverage economies of scale to successfully implement tenant-related amenities and technology services.

 

REITs provide the capital necessary to many universities across the country to meet their housing demand so the universities can focus their capital on education.

REITs in the Community

Avalon Bowery Place

What used to be the definition of urban blight best known for the location of (rock club) CBGBs, the Bowery District has become one of New York City’s hottest addresses. The turning point came with the success of Avalon Bowery Place, a nine-story luxury rental building at the northeast corner of Bowery and Houston. The Avalon opened in 2008, on the heels of Whole Foods, on the south side of Houston. The changes to the community ushered in by the development of Avalon Bowery Place helped restore the area.

Manzanita Hall at Arizona State University

On-campus living has come a long way from what many of us experienced during college, thanks in part to student housing REITs. In 2013, American Campus Communities redeveloped a 45-year old Arizona State University campus icon, Manzanita Hall, honoring the residence hall’s original mid-century aesthetic value while providing modern student living accommodations. The on-campus residence, originally built in 1967, includes 241 units accommodating 816 students.

Housing in
2015

  • 1,110,000
    Homes Built
  • 5,753,000
    Homes Sold
  • 42,600,000
    Homes Rented
Source: 2

New Housholds: Buy vs. Rent

Source: 3

Housing costs are one of the biggest expenses we all face every month. REITs provide a variety of living options for Americans of all ages and income levels across the country. And because REITs allow everyday Americans to invest in valuable real estate, the place where you live might also be an investment in your portfolio.