Investment Center
Real Estate Investment Trusts (REITs)
A Real Estate Investment Trust,(REIT), is a company whose primary business is owning and managing real estate properties such as office and industrial buildings, apartment buildings, hotels, warehouses, health care facilities, shopping malls, or golf courses.
Individual REITs may focus on one sector. While many REITs invest directly in these properties, some types of REITS can also invest in real estate related loans (such as mortgages). A hybrid type of REIT can invest in a combination of real properties and mortgages. Structurally, a REIT is set up as a company, shares of which may be purchased by investors. The management of the REIT company uses those pooled investment dollars to buy and manage an array of properties. Collectively, all shareholders own investment units of a trust that owns various properties. Contact us to learn more about alternative investments like REITs.
The Fair Housing Act prohibits discrimination in housing because of:
- Race or color
- National origin
- Religion
- Sex
- Familial status (including children under the age of 18 living with parents or legal custodians; pregnant women and people securing custody of children under 18)
- Handicap (Disability)
Enforce the Fair Housing Act and other civil rights laws to ensure the right of equal housing opportunity and free and fair housing choice without discrimination based on race, color, religion, sex, national origin, disability or family composition.
Major Goals
1. Reduce discrimination in housing by doubling the Title VIII case load by the end of 2000 through aggressive enforcement of civil rights and fair housing laws;
2. Promote geographic mobility for low-income and minority households;
3. Integrate fair housing plans into HUD's Consolidated Plans;
4. Further fair housing in other relevant programs of the Federal government; and
5. Promote substantial equivalency among state, local and community organizations involved in providing housing.