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real-estate investment trust

noun

  1. an unincorporated trust created for the purpose of investing in real property or to extend credit to those engaged in construction. REIT



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Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Analyst Vikram Malhotra at Mizuho Securities, which was one of the IPO’s lead underwriters, wrote in a note to clients that he likes the potential reward from buying the stock relative to the risks, due partly to the company’s plan to be both a landlord, as a real-estate investment trust, and a power generator.

Read more on MarketWatch

And last month, real estate focused activist Land & Buildings reiterated a previous push for Six Flags to sell or spin out its real estate into a real-estate investment trust.

Earlier, he was responsible for the billboard division — CBS Outdoor — morphing into a real-estate investment trust.

Read more on Los Angeles Times

The following year, it sold hundreds of properties to a new, publicly traded real-estate investment trust, Seritage Growth Properties , for $2.7 billion.

SkyBridge Capital LLC, a New York-based alternative asset manager led by former White House Communications Director Anthony Scaramucci, plans to launch a private unlisted real-estate investment trust aimed at wealthy individuals willing to invest at least $100,000 in opportunity zones.

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