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.
Equity REITs â When investing in an equity REIT, your ownership interest in the REIT. is similar to the ownership interest you would have in traditional stock. Equity REITs. may own and operate income-producing real estate assets in one or more of the various.