Industrial Investment

Adjacent land uses play a critical role in enhancing the guest experience, walkability, and opportunities for secondary spend in hotel developments. Strategic proximity to complementary amenities and services not only increases guest satisfaction but also boosts occupancy, length of stay, and average daily revenue. These uses should be walkable, accessible, and relevant to the hotel’s target...

What fees apply to investors (management, acquisition,...

Leverage ratios used in REIT investments in land assets are carefully managed to balance risk, capital efficiency, and compliance with regulatory and investor expectations. Unlike income-generating assets that produce regular cash flow to service debt, raw or pre-development land carries higher uncertainty and limited interim income. As such, REITs apply more conservative leverage to land holdings...

REITs focused on industrial land acquisition follow defined criteria to ensure alignment with their strategic goals, risk tolerance, and return expectations. These acquisition filters help evaluate land's development potential, income generation prospects, regulatory compliance, and market positioning. While specific thresholds vary by REIT, most share a common framework that guides land selection for...

Regulatory filings play a vital role in providing investors with transparency into a REIT’s financial performance, risk exposure, operational metrics, and strategy execution. These disclosures are legally required by the U.S. Securities and Exchange Commission (SEC) and are essential tools for evaluating a REIT’s health, income reliability, and future prospects. Below are five core filings that offer...

In a REIT that focuses on industrial land and development assets, income is typically derived from two primary sources: leasing activities and land appreciation or sales. While leasing provides stable, recurring income through tenant agreements, land appreciation offers episodic, often substantial gains tied to market conditions, entitlement success, or development progress. The balance between these two...

REIT distributions offer a unique set of tax advantages compared to ordinary dividends from other corporations. These advantages stem from the REIT’s special tax status under the Internal Revenue Code, which allows REITs to avoid corporate-level taxation as long as they meet specific requirements—most notably, distributing at least 90% of taxable income to shareholders. Below are the main tax benefits...

Investors in a REIT structure have several exit options depending on the type of REIT (public, private, or non-traded), the liquidity features of the investment, and market conditions. These exit strategies provide varying levels of flexibility, liquidity, and value realization. Below are the primary exit options available to REIT investors: 1. Selling Shares on a Public Exchange (for Listed...

The dividend yield targeted or historically delivered by an industrial land-focused REIT typically falls within a range influenced by the REIT’s portfolio composition, development activity, market exposure, and income generation strategy. Since REITs are legally required to distribute at least 90% of their taxable income to shareholders, dividend yield is a core performance metric. Below is an overview...

The risk-return profile of investing in a REIT focused on industrial land differs significantly from direct land ownership, largely due to differences in capital structure, liquidity, diversification, and operational control. Each approach appeals to different investor types depending on their financial goals, risk tolerance, and time horizon. Below is a comparative breakdown of the key components that...