Real estate investment trusts can hold properties in a wide variety of sectors; several MoneyShow.com contributors highlight their favorite ideas in hotels, data centers, healthcare facilities and multi-family properties. Also included is a landlord for marijuana growers and a residential REIT that focuses on environment, social and governance (ESG) friendly investments.
Park Hotels & Resorts Inc. was formed in January 2017 when Hilton HLT -0.22% Worldwidespun off most of its owned real estate into a separate public REIT. Park Hotels is the second largest publicly traded lodging REIT, with a diverse portfolio of 54 premium-branded hotels and resorts with significant underlying real estate value and over 32,000 rooms, primarily in key U.S. markets with high barriers to entry.
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