tall building in a city looking from below

The United States

The United States

Total Property Value
$2.5T
[source]
Number of Properties
575,000
[source]
Economic Contribution in Full Time Equivalent Employees
3.4M
[source]
Share of Households Invested in REITs
50.35%
[source]
REITs Headquartered[source]
206
REITs Owning Property[source]
214
Property Taxes Paid[source]
$20.5B
A heat map of the United states showing a large concentration of properties in coastal cities

REITs make key contributions the U.S. Economy, according to EY:

  • U.S. REITs contributed the equivalent of an estimated 3.4 million full-time jobs to the economy in 2022 generating $263 billion of labor income.
  • REIT activities resulted in the distribution of $109.9 billion of dividend income in 2022.
  • REITs invested $120.1 billion in routine capital expenditures to maintain existing property and new construction in 2022.

Public REITs own 575,000 properties across the U.S. as of year-end 2022. Equity and mortgage REITs combined own roughly $2.5 trillion in gross real estate assets. Private REITs own an additional $1.5 trillion in gross assets bringing the total REIT ownership value to more than $4 trillion in the U.S. as of year-end 2022.

Listed REITs have year-end 2022 equity market capitalization around $1.5 trillion.

REIT Assets by Sector[source]

Learn more about the types of real estate that REITs own

Timberland

Timberland Acreage

15,134,000
Outdoor Advertising

Outdoor Advertising

205,645
SFR

Single Family Rentals

201,504
Tower

Tower

99,250
Retail

Retail

32,196
Industrial

Industrial

8,551
Health Care

Health Care

8,110
Self-Storage

Self-Storage

7,476
Residential

Residential

5,039
Specialty

Specialty

2,877
Office

Office

2,256
Lodging Resorts

Lodging / Resorts

1,662
Last Update
January 10, 2024

REITs Headquartered in