DUE Jan. 6

Please do not number each section

DO Not include a cover page

proper APA format. NOT AMA format

SOURCES MUST BE U.S. sources that can be accessed for free by all

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Real Estate Investment Trusts (REITs) are designed to deal in equities like improved income properties (apartments, office buildings, shopping centers, industrial parks, and the like). See www.nareit.com . Please identify at least one of the REITs below. Describe the following in a 3 page analysis : 1. The basic format common to all REITs. 2. The holdings of your selected REIT (show sources!) 3. The financial performance of your selected REIT before the real estate crash of 2007 (show sources!) 4. The financial performance of your selected REIT after the real estate crash of 2007 (show sources!) 5. Discuss your opinion regarding the future of REITs as a real estate finance tool.