Ownership Units

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January 1, 1 6 min read Definitions

DOWNREIT REIT Tax Advantages Real Estate Investment Limited Partnership UPREIT Property Contribution Ownership Units

A DOWNREIT is an arrangement between the owner of real property and a Real Estate Investment Trust (REIT) aimed at providing tax advantages to the property owner. The result is effectively a partnership with ownership units held by those who contribute properties to the venture. The DOWNREIT owns real estate either outright or as part of a limited partnership.