National Association Of Real Estate Investment Trusts Nareit
The National Association of Real Estate Investment Trusts (Nareit) is an organization that represents the interests of real estate investment trusts (REITs) and publicly traded real estate companies. Founded in 1960, Nareit is a non-profit trade association based in Washington, D.C.
What is a REIT?
A REIT is a company that owns, operates, or finances income-generating real estate. REITs provide investors with the opportunity to invest in real estate without having to own or manage the properties themselves. In order to qualify as a REIT, a company must meet certain requirements set forth by the Internal Revenue Service (IRS).
Nareit's Mission
Nareit's mission is to represent and advocate for the interests of REITs and publicly traded real estate companies. The organization works to promote the benefits of investing in real estate, and to ensure that the regulatory environment is favorable to the industry. Nareit also provides education and research to its members and the public.
Membership
Nareit's membership includes REITs and publicly traded real estate companies, as well as companies that provide services to the industry. The organization represents more than 200 REITs and publicly traded real estate companies, with a combined market capitalization of over $1 trillion.
Advocacy
Nareit works to promote the interests of the REIT industry through advocacy efforts. The organization advocates for policies that promote the growth and success of the industry, and works to ensure that the regulatory environment is favorable to REITs and publicly traded real estate companies.
Educational Resources
Nareit provides a variety of educational resources to its members and the public. The organization offers webinars, conferences, and other events that provide information on the latest trends and developments in the industry. Nareit also publishes research and reports on various aspects of the REIT industry.
Industry Recognition
Nareit recognizes excellence in the REIT industry through its annual awards program. The organization presents awards to REITs and individuals who have made significant contributions to the industry. The awards program includes categories such as Most Innovative REIT, Leader in the Light Award, and Industry Achievement Award.
Conclusion
Nareit plays an important role in representing and advocating for the interests of the REIT industry. The organization provides valuable resources and education to its members and the public, and works to ensure that the regulatory environment is favorable to REITs and publicly traded real estate companies. Through its advocacy efforts, Nareit helps to promote the growth and success of the REIT industry.