I would like to see "Foreclosure" REITs, either govt. or privately sponsored.
Shares of the REITs could be sold on the stock market to raise funds to buy distressed properties. The properties would be leased to provide a modest dividend to investors.
I am sure that I am not the first to come up with this idea but it might be worth further discussion. Not a silver bullet but it would stabilize values.
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I would like to see "Foreclosure" REITs, either govt. or privately sponsored.
Oct 24 09:04 am
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All Comments by REITBull »The Lease-Back Bailout [View article]
Shares of the REITs could be sold on the stock market to raise funds to buy distressed properties. The properties would be leased to provide a modest dividend to investors.
I am sure that I am not the first to come up with this idea but it might be worth further discussion. Not a silver bullet but it would stabilize values.