If you pay rent ó whether you live in an apartment, a college dorm or a nursing home ó thereís a good chance your check goes to a real-estate-investment trust. Thatís because REITs have become some of the nationís biggest residential landlords.
REITs were created by an act of Congress in 1960 to let people invest in real estate much as they could buy mutual funds to invest in stocks. As this slide show attests, REITs have grown into real-estate powerhouses, with hundreds of properties renting thousands of housing units.
Here are some of the biggest residential landlords in the U.S.: See Link
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