Nareit Welcomes New Member YES Communities

10/08/2024 | by

Nareit is pleased to welcome a new corporate member.

YES Communities is an owner and operator of manufactured home communities within 23 states. YES Communities owns the land and lease sites to both homeowners who put their home on their site or to home renters who rent the home and site from the company. Additionally, YES Communities sells manufactured homes to current or potential residents within its communities.

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What's a REIT?

REITs, or real estate investment trusts, are companies that own or finance income-producing real estate across a range of property sectors. These real estate companies have to meet a number of requirements to qualify as REITs. Most REITs trade on major stock exchanges, and they offer a number of benefits to investors.

Why Invest in REITs

REITs historically have delivered competitive total returns, based on high, steady dividend income and long-term capital appreciation. Their comparatively low correlation with other assets also makes them an excellent portfolio diversifier that can help reduce overall portfolio risk and increase returns. These are the characteristics of real estate investment.

About Nareit

Nareit serves as the worldwide representative voice for REITs and real estate companies with an interest in U.S. real estate. Nareit’s members are REITs and other real estate companies throughout the world that own, operate, and finance income-producing real estate, as well as those firms and individuals who advise, study, and service those businesses.