Investing in REITs
by Ralph L. Block. 4th Edition. 2012. Wiley, Hoboken, N.J. 432 pp.
For readers intrigued with the whole idea of REITs, a step further into awareness of the investment vehicle, its compliance requirements, and its management is warranted. With his fourth edition of Investing in REITs, author Ralph L. Block’s encyclopedic work impresses in content and appearance, yet with a tone both folksy and sophisticated, giving it broad appeal.
The first REITs were organized a generation ago, after the United States Congress passed, and President Eisenhower signed into law, the Real Estate Investment Trust Act of 1960. REIT securities, like other stocks, are subject to the ebb and flow of popularity. Ralph Block writes “…the vast majority of today’s REITs are vibrant, dynamic real estate business organizations first and ‘investment trusts’ second.”
Read the time-tested Investing in REITs for the dividend of knowledge.
- August 2012