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Today REITs have grown in popularity to the point where U.S. REITs as a body own an enormous amount of real estate assets (over $3 trillion in gross assets). Furthermore, they come in all shapes and sizes, ranging in size from a few million dollars’ worth of assets to large portfolios with tens of billions of dollars’ worth of world class assets.
REIT investments themselves also can take on several different forms. For example, REITs can be either publicly or privately traded and also can be held directly through shares of common and/or preferred stock