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Real Estate Glossary

DOWNREIT

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Richard Wilson
Written by Richard Wilson

A DownREIT is similar to an UPREIT, but the REIT operates and owns properties other than its interest in a controlled partnership that operates and owns separate sites. This structure makes it possible for REITs to buy properties with the use of partnership units.

A DownREIT is similar to an UPREIT, but the REIT operates and owns properties other than its interest in a controlled partnership that operates and owns separate sites. This structure makes it possible for REITs to buy properties with the use of partnership units.

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Richard Wilson

Richard Wilson

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