Investing in REITs: Real Estate Investment Trusts (Revised and Updated Edition) FROM THE PUBLISHER
The experts agree: REITs (Real Estate Investment Trusts) should be a part of every serious investor's diversified portfolio. All the essentials are therelow volatility, consistent and steady profits, impressive dividends, convenient liquidity, low correlation with other asset classes and, most importantly, professional managementyet to take advantage of this investment vehicle, understanding the unusual features and performance characteristics of REITs is key. Investing in REITsRevised & Updated Edition is an enlightening, practical look at what REITs are, how they work, what properties they own, and why they deserve an important place in any diversified investment portfolio. Ralph Block's classic is newly updated to reflect all the latest changes in the industry. Block provides cogent analysis of what is unique about REITs and cuts to the chase on how to make money with them while avoiding common pitfalls. Succinct, informative, and user-friendly in its layout and presentation, this guide makes the world of REITs accessible to all investors.
This essential guide offers:
The ABCs of successful REIT investment
How to spot blue-chip REITs
A concise history of REITs and how they compare to other investments
How to build a diversified REIT portfolio
REIT mutual fund opportunities and performance
Important new developments and strategies in the REIT industry, including specific sectors of real estate, asset recycling, and joint venture strategies
And much more
Author Biography: Ralph L. Block, J.D., has successfully invested in REIT stocks for well over 25 years. He is the Executive Vice-President and Chief REIT Portfolio Manager at Bay Isle Financial Corporation, an asset management firm headquartered in San Francisco. Prior to joining Bay Isle, he had a 30-year career as a corporate attorney, and has been a board member and general counsel to a number of public and private corporations. He also writes REITWEEK, a newsletter on REITs and REIT investing.