Beginner
Equity REITs and mortgage REITs
Equity REITs primarily own property. Mortgage REITs primarily provide property finance. Understanding that distinction prevents a high yield from hiding a different business model.
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FOLITIC / REITs
Understand property businesses, read REIT financial results and assess the price of income. Follow eight stages from ownership and leases to valuation, portfolio construction and advanced research.
Start with What you own when you buy a REIT, then follow the next lesson links. Explore 32 lessons with worked examples, exercises and further reading.
Structures · All lessons
Understand the ownership structure, trading choices and sources of return.
Beginner
Equity REITs primarily own property. Mortgage REITs primarily provide property finance. Understanding that distinction prevents a high yield from hiding a different business model.
Read article