A
real estate investment trust that owns rental real estate, rather than making
loans secured by real estate collateral. See also REIT.
See equity REIT in Wall Street Words
A real estate investment trust that purchases property with investors' money. Investors in an equity REIT earn dividend income from rental income earned by the REIT on property it owns. The investors also participate in increases in value of the owned real estate. Compare mortgage REIT.