INVESTING IN REITs PART 2

... partners in the con - trolled partnership. REITs structured as UPREITs or DownREITs can exchange operat - ing partnership (OP) units for interests in other real estate partner - ships that own properties ... long-term investor, investing in REITs with management that is knowledgeable, creative, and experienced in real estate should provide outstanding total returns over the year...

Ngày tải lên: 08/11/2013, 02:15

... to a mainstream investment choice has been key to the interest in Investing in REITs. Even more important, many kind, perceptive, and dedicated profes - sionals have been instrumental in the ... convincing case for investing in REITs, but also provides the details, background, and guidance investors should have before delving into these highly rewarding investments. Here’s what’...

Ngày tải lên: 08/11/2013, 02:15

... rise even with no inflation whatever, as interest rates decline in a zero-inflation environment. Property values certainly increased in 20 03–04 when interest rates and inflation were at very ... operating income that buyers may be willing to pay. The price of a property is often determined by applying a multiple to its existing or forward-looking annual operating income (or by usi...

Ngày tải lên: 15/12/2013, 13:15

... of owning a particular REIT, we need a 10 percent return, we’ll D I S C O U N T E D C A S H F L O W M O D E L Y EA R S VA L U E 1–5 $4 .26 6–10 $3.54 11–15 $2. 93 16 20 $2. 43 21 25 $2. 02 26–30 ... ratio of 8 .2 in March 20 00 was followed by a strong REIT bull market lasting through 20 04. Beginning in 20 04, however, REIT P/AFFO ratios roared into territory never seen by REIT...

Ngày tải lên: 15/12/2013, 13:15

... R A C K 5 0 Minority interest in operating partnership (2, 535) Net Income $11,581 Plus Depreciation and amortization—real estate assets $5,877 Minority interest 2, 696 Less Net gain on sale $(854) Amortization ... comes in various shapes and sizes, and can be increased or decreased in ways other than overweighting or underweighting sectors or stocks, or indulging in heavy trading....

Ngày tải lên: 15/12/2013, 13:15

Ngày tải lên: 12/04/2013, 10:18

Ngày tải lên: 12/04/2013, 10:26

... immediately, on-line, from the On-Line Store, with fees ranging from $50 (PC, Macintosh, educational institutions’ UNIX) to $140 (general UNIX). Downloading the packaged software from the On-Line Store ... media containing the programs from Cambridge University Press. Diskette versions are available in IBM-compatible format for machines running Windows 3.1, 95, or NT. CDROM versions in IS...

Ngày tải lên: 07/11/2013, 19:15

Ngày tải lên: 15/12/2013, 06:15

... renters in control. Apartment occupancy rates and net operating income declined, but started to grow again beginning in the latter part of 20 04. Investors in this sector should expect long- term internal ... structure in which the REIT owns a major interest in a partnership that owns the REIT’s properties, rather than owning them directly. Other partners in the operating...

Ngày tải lên: 15/12/2013, 13:15