tall building in a city looking from below

The United States

The United States

Total Property Value
$2.6T
[source]
Number of Properties
535,000
[source]
Economic Contribution in Full Time Equivalent Employees
3.2M
[source]
Share of Households Invested in REITs
44.9%
[source]
REITs Headquartered[source]
218
REITs Owning Property[source]
252
Property Taxes Paid[source]
$22.5B
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 3.2 million full-time jobs to the economy in 2021 generating $229 billion of labor income.
  • REIT activities resulted in the distribution of $92.3 billion of dividend income in 2021.
  • REITs invested $107.5 billion in routine capital expenditures to maintain existing property and new construction in 2021.

Public REITs own 535,000 properties across the U.S. as of year-end 2020. Equity and mortgage REITs combined own roughly $3 trillion in gross real estate assets. Private REITs own an additional $1.5 trillion in gross assets bringing the total REIT ownership value to $4.5 trillion in the U.S. as of year-end 2021.

Listed REITs have year-end 2021 equity market capitalization around $1.7 trillion.

REIT Assets by Sector[source]

Learn more about the types of real estate that REITs own

Timberland

Timberland Acreage

14,951,700
Outdoor Advertising

Outdoor Advertising

212,119
SFR

Single Family Rentals

156,641
Tower

Tower

99,406
Retail

Retail

31,601
Health Care

Health Care

8,479
Industrial

Industrial

7,963
Self-Storage

Self-Storage

7,207
Residential

Residential

4,268
Specialty

Specialty

2,709
Office

Office

2,415
Mixed Use

Mixed Use

381
Last Update
October 14, 2022

REITs Headquartered in