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.
DOWNREIT
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.
