National Association of Real Estate Investment Trusts (Nareit)

The National Association of Real Estate Investment Trusts (Nareit) is a trade association that represents the interests of real estate investment trusts (REITs) in the United States. Founded in 1960, Nareit has more than 1,200 members, including REITs, institutional investors, and other real estate-related businesses.

Nareit's mission is to promote the interests of the REIT industry and to advocate for public policies that support REITs. The association provides its members with a variety of services, including research, education, and advocacy. Nareit also publishes a number of reports and studies on the REIT industry.

REITs are companies that own, operate, or finance real estate. They are taxed as corporations, but they are not subject to corporate income tax on the income they distribute to their shareholders. This tax advantage makes REITs an attractive investment for investors.

The REIT industry has grown significantly in recent years. In 2020, the total market capitalization of REITs was $5.5 trillion. REITs own a wide variety of real estate assets, including office buildings, shopping malls, hotels, and apartments.

Nareit plays an important role in the REIT industry. The association advocates for public policies that support REITs and provides its members with a variety of services that help them to succeed.

Here are some additional details about Nareit:

• Nareit's headquarters are located in Washington, D.C.
• The association has 10 regional offices across the United States.
• Nareit's members own more than 430,000 properties in the United States.
• REITs generate more than $1 trillion in annual revenue.
• REITs employ more than 2 million people in the United States.

Nareit is a valuable resource for the REIT industry. The association provides its members with the information and tools they need to succeed. Nareit also advocates for public policies that support the REIT industry.