Question

There are three major types of REITs: Equity REITs, Mortgage REITs, and Hybrid REITs. Each differs in terms of what they invest in. Which of the following choices best describes the investment focus of an Equity REIT?
A.Invests a significant percentage of their assets in both properties and mortgages
B.Invests primarily in and operates commercial properties
C.Purchases mortgage obligations
D.Purchases ownership interests in shares of pension funds and life insurance companies

Answer

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