DownREIT

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Definition: DownREIT

DownREIT
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Full Definition of DownREIT

A REIT that owns and operates properties besides its interest in a separate controlled partnership. This is similar to an UPREIT (see “umbrella partnership”) with the main difference being a DownREIT is normally formed after the REIT has become a public entity.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

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https://payrollheaven.com/define/downreit/
Modern Language Association (MLA):
DownREIT. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 23, 2024 https://payrollheaven.com/define/downreit/.
Chicago Manual of Style (CMS):
DownREIT. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/downreit/ (accessed: April 23, 2024).
American Psychological Association (APA):
DownREIT. PayrollHeaven.com. Retrieved April 23, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/downreit/

Definition Sources

Definitions for DownREIT are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 17th November, 2021 | 0 Views.