FYI: Vanguard Group is fast becoming a dominant investor in the U.S. real estate industry.
Securities and Exchange Commission reports compiled by Bloomberg show that the company’s mutual funds and exchange-traded funds are now the leading owners of real estate investment trusts (REITs), the tax-protected investor funds that own many of the nation’s offices, shopping centers, apartments, hotels, warehouses, and data and storage centers.
Regards,
Ted
http://www.philly.com/philly/blogs/inq-phillydeals/vanguard-group-is-americas-new-landlord-20170823.html
