REITs are created when President Eisenhower signs into law the REIT Act title contained in the Cigar Excise Tax Extension of 1960. REITs were created by Congress in order to give all investors the opportunity to invest in large-scale, diversified portfolios of income-producing real estate.

Visit the All About REITs section of

Nareit - Ike Signed
Timeline Year
Brightcove Video
Caption Text
Watch a video with industry leaders discussing how REITs have changed the commercial real estate investment landscape.