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A trust that invests in loans to help finance the development of properties is called a(n)

A) equity REIT.
B) real estate REIT
C) mortgage REIT.
D) option REIT

User AKnox
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1 Answer

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Final answer:

A trust that invests in loans to help finance the development of properties is called a mortgage REIT.

Step-by-step explanation:

The answer to the question is:

The correct answer is C) mortgage REIT.

A trust that invests in loans to help finance the development of properties is called a mortgage REIT. Mortgage REITs are a type of real estate investment trust that primarily invests in mortgages or mortgage-backed securities. They earn income from the interest on the loans they provide to property developers.

For example, a mortgage REIT may provide loans to construction companies that build homes, providing billions of dollars for home construction and earning interest on those loans.

User Perty
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