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- Terms Used in the Real Estate
Investment Trust Industry
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- Tax Reform Act of 1986
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Federal law that substantially altered the real estate investment
landscape by permitting REITs not only to own, but also to operate and
manage, most types of income-producing commercial properties. It also
stopped real estate "tax shelters" that had attracted capital
from investors based on the amount of losses that could be created.
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- Total Market Cap
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The total market value of a REIT's (or other company's) outstanding
common stock and indebtedness.
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- Total Return
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A stock's dividend income plus capital appreciation, before taxes and
commissions.
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