new york: Want to Own a Piece of the Empire State Building? Here’s Your Chance
- 12/01/11 01:38 AM
Real estate investment trusts – or REITs – are some of the hottest investment vehicles around these days. They function remarkably similar to mutual funds in that they allow investors to take ownership in holding companies, trusts, and other organizations that either invest in or own real estate property. They are especially popular with people who want to invest in real estate but may not want to directly buy the property themselves. Now, those people can potentially own a piece of one of the world’s most iconic buildings through a new REIT: the Empire State Building. Situated in the heart of … (0 comments)
Real estate investment trusts – or REITs – are some of the hottest investment vehicles around these days. They function remarkably similar to mutual funds in that they allow investors to take ownership in holding companies, trusts, and other organizations that either invest in or own real estate property. They are especially popular with people who want to invest in real estate but may not want to directly buy the property themselves.
;)
;)
