Getting Started in Real Estate Investment Trusts

by Imperiale, Richard

• ISBN13: 9780471769194
• ISBN10: 0471769193
• eBook ISBN(s): 9780470046241
• Edition: 1st
• Format: Paperback
• Copyright: 2006-07-11
• Publisher: Wiley
• More Book Details

Summary

EVERYTHING YOU NEED TO KNOW ABOUT REITS GETTING STARTED IN REAL ESTATE INVESTMENT TRUSTSReal Estate Investment Trusts (REITs) offer small investors the chance to participate in a broad range of real estate opportunities across most major property sectors and geographic locations. But to make the most out of this proven investment vehicle, you must first gain a firm understanding of it.Getting Started in Real Estate Investment Trusts provides an accessible introduction to the benefits and performance characteristics of REITs and examines the role they play in a well-diversified investment portfolio.Divided into three comprehensive parts, Getting Started in Real Estate Investment Trusts covers a wide variety of issues within this field, including: The legal and financial history of REITs How REITs behave as an investment class and how they are best integrated into an investor's portfolio The fundamental economic issues that affect real estate and how they impact REITs Specific methods for analyzing REITs as an investment Different types of REITs: residential, office, industrial, retail property, and more Filled with in-depth insight and practical advice, Getting Started in Real Estate Investment Trusts is a valuable road map to an investment that can help stabilize and grow your portfolio for years to come.

Author Biography

Richard Imperiale is President and founder of the Uniplan Companies, a Milwaukee,Wisconsin-based investment advisory holding company. Uniplan and its affiliates manage and advise over $450 million in client accounts. Uniplan specializes in providing clients with consistently superior risk-adjusted returns managing equity, REITs, and micro cap specialty portfolios. Imperiale is also the author of The Micro Cap Investor and J.K. Lasser Pro Real Estate Investment Trusts, both published by Wiley.

Table of Contents

Preface	xi
Acknowledgments	xv
PART 1 Getting Started in REITs
Chapter 1 Real Estate as an Asset Class	3	(12)
Chapter 2 The History of Real Estate Investment Trusts	15	(12)
Chapter 3 REITs as an Asset Class	27	(14)
Chapter 4 REITs as a Portfolio Diversification Tool	41	(12)
Chapter 5 Integrating REITs into an Investment Portfolio	53	(14)
PART 2 Real Estate Economics and Analysis
Chapter 6 Real Estate Market Characteristics	67	(12)
Chapter 7 Real Estate Development	79	(12)
Chapter 8 Partnerships and Joint Ventures	91	(10)
Chapter 9 Analyzing REITs	101	(14)
Chapter 10 Advanced Financial REIT Topics	115	(14)
PART 3 Public Real Estate Sectors
Chapter 11 Residential REITs	129	(10)
Chapter 12 Manufactured Home Community REITs	139	(10)
Chapter 13 Office REITs	149	(12)
Chapter 14 Industrial REITs	161	(8)
Chapter 15 Retail Property REITs	169	(18)
Chapter 16 Hotel REITs	187	(12)
Chapter 17 Health Care Properties	199	(24)
Chapter 18 Self-Storage REITs	223	(6)
Chapter 19 Other REIT Sectors	229	(12)
Appendix A Real Estate Mutual Funds	241	(10)
Appendix B Real Estate Investment Trusts	251	(22)
Glossary	273	(4)
Index	277