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CHAPTER 3:

We already technically touched on the topic of where to find REITs in Chapter

2. Some of them are private. Some are public yet non-listed. And some are both

public and listed, which means you can find them on major market indexes.

Those are the bare-bottom details. And they’re good to know. But the

specific subject of publicly traded REITs is worth exploring quite a bit further

considering how many of them exist.

According to Nareit.com (accessed on January 25, 2019):

“The Internal Revenue Service shows that there are about 1,000

U.S. REITs that have filed tax returns.

There are more than 225 REITs in the U.S. registered with the SEC that trade on

one of the major stock exchanges – the majority on the NYSE. These REITs have

a combined equity market capitalization of more than $1 trillion.”

This isn’t to say that each real estate investment trust holds an equal portion

of that mouthwatering amount of wealth. REITs are hardly all created equal.

Never forget that they come in a wide variety of shapes and sizes, with different

dividend yields, market caps, financial data, and track records to consider.

And, in general, the publicly listed ones do trade according to those

differentiations.