Real estate investment trusts
(more commonly known as REITs) have long been a favored destination for
income-seeking investors, as the entire legal framework under which
REITs are organized is designed to funnel cash out of the business in
the form of distributions. There is a huge array of choices in the REIT
world, though, and Weingarten Realty (NYSE:WRI)
stands out for its focus on neighborhood and community shopping centers
– often anchored by supermarkets and located in attractive locations
like the Mid-Atlantic, Southeast, Texas, and West Coast.
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