The company-built Methodist church became todayâs Margaret Church of Christ, a neat little white chapel on County Road 12 near the town park. A pianist at this old church, Lou Betts, later married U.S. Congressman Tom Bevill.
REITs, or real estate investment trusts, are companies that own or finance income-producing real estate in a range of property sectors. These companies have to meet a number of requirements to qualify as REITs.
A REIT, or real estate investment trust, is a company that owns and in most cases operates income-producing real estate such as apartments, office buildings, warehouses, shopping centers, regional malls, or hotels. A small percentage of REITs (mortgage REITs) lend money to owners of real estate and