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

Example Sentences

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

From 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.

From Wall Street Journal

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.

From Wall Street Journal

In Northern Virginia, Amazon is already negotiating with government officials on incentives, while it is also talking with JBG Smith Properties , a real-estate investment trust, about the Crystal City real estate it owns.

From Wall Street Journal

In Northern Virginia, Amazon is negotiating with government officials on incentives, while it’s also talking with JBG Smith Properties , a publicly traded real-estate investment trust, about the Crystal City real estate it owns, according to people familiar with the matter.

From Wall Street Journal