Finite-Life Real Estate Investment Trust

Finite-Life Real Estate Investment Trust (FREIT)

A Real Estate Investment Trust whose priority is to sell its holdings within a specified period to realize capital gains.

Finite-Life Real Estate Investment Trust

A real estate investment trust (REIT) designed to sell all of its assets within a certain period of time in order to profit from capital gains. Before the assets are sold, the revenue for REITs comes mainly from rents on the properties it owns. Like all REITs, a finite-life REIT may be traded as if it were a stock. Owning a REIT is more liquid than directly owning the real estate underlying it.
Mentioned in ?
References in periodicals archive ?
Vanguard Real Estate Fund I, a finite-life real estate investment trust, is currently liquidating its assets in accordance with its Plan of Liquidation adopted December 12, 1994.
PRET is a finite-life real estate investment trust externally advised by Property Resources Inc.
The Fund is a finite-life real estate investment trust, established in 1988, with an expected life of seven to twelve years.
An affiliated finite-life real estate investment trust, Franklin Real Estate Income Fund (ASE:FIN), also managed by Franklin Properties, Inc.
Mellon Participating Mortgage Trust, Commercial Properties Series 85/10, is a finite-life real estate investment trust, fully invested in participating, shared appreciation, convertible and fixed-rate mortgages and joint venture financing secured by retail, industrial and office/warehouse facilities located throughout the United States.
Under the terms of its initial offering as a finite-life real estate investment trust, the Fund is prohibited from making real estate investments after December 31, 1993.
Vanguard Real Estate Fund II, a finite-life real estate investment trust, trades on the American Stock Exchange under the trading symbol VRT.
Vanguard Real Estate Fund I, a finite-life real estate investment trust, trades on the American Stock Exchange under the trading symbol VRO.
Mellon Participating Mortgage Trust, Commercial Properties Series 85/10, is a finite-life real estate investment trust, fully invested in participating, shared appreciation, convertible and fixed-rate mortgages, and joint venture financing secured by retail, industrial and office/warehouse facilities located throughout the United States.
The Fund is a finite-life real estate investment trust, established in 1987, with an expected life of seven to 12 years.
CHAMPS is a finite-life real estate investment trust which invested in government-insured mortgage loans, mortgage-backed securities, and participating mortgage investments.
announced today that Franklin Real Estate Income Fund (ASE:FIN), one of the finite-life real estate investment trusts it manages, experienced a 2% increase in net income for the year ended December 31, 1995, as compared to the prior year.

Full browser ?