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.
REIT-owned real estate, located in every state, is an important part of the U.S. economy and local communities. Through the properties they own, finance and operate, REITs are real estate working for you. REIT Categories: Equity REITs - The majority of REITs are publicly traded equity REITs. Equity REITs own or operate income-producing real estate. The market and Nareit often refer to equity REITs simply as REITs.