The Sneaky Tax Break That Reshaped U.S. Real Estate
August 27, 2023
337,145
4,789
547
1.58%
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Cnbc Episodes Around August 27, 2023
See what was published immediately before and after this episode.
11:33Now PlayingThe Sneaky Tax Break That Reshaped U.S. Real Estate
Chapters
YouTube Description
as posted by the channelU.S real estate investment trusts today manage $4.5 trillion in real estate worldwide. Many groups on Wall Street offer these tax-friendly funds to retail investors. KKR's real estate business is one of the big players in the REIT game. The private equity firm manages multiple REIT funds. The KKR Real Estate Select Trust, which currently manages $1.5 billion in assets, paid a dividend of 5.4% to its investors in July 2023. But the benefits extend beyond returns.
Top performing REIT sub-sectors in recent years include data centers, self-storage properties, residential housing and tower REITs. Residential housing delivered a return of 16% from 2010 to 2020, according to a S&P Global Investments report. In recent years, publicly traded trusts have targeted single-family rental market, and today, these REITs have grown tremendously — enough to build new neighborhoods in their entirety.
Watch the video above to learn the fundamentals of real estate investment trusts.
Chapters:
Produced, Shot and Edited by: Carlos Waters
Additional Camera by: Mark Licea
Supervising Producer: Lindsey Jacobson
Animation: Alex Wood, Christina Locopo
Special Thanks: Emily Lorsch, Gene Kim, Marisa Forziati, Mickey Todiwala
Additional Images: Getty Images, Post Brothers
Additional Sources: CoreLogic, U.S. Census Bureau, U.S. Federal Housing Finance Agency, Fidelity, NAREIT, Nuveen, Office of U.S. Senator Sherrod Brown, U.S. Securities and Exchange Commission, Wealthfront, White House
» Subscribe to CNBC
» Subscribe to CNBC TV
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news
Follow CNBC on LinkedIn
Follow CNBC News on Facebook
Follow CNBC News on Twitter
Follow CNBC News on Instagram
#CNBC
The Sneaky Tax Break That Reshaped U.S. Real Estate
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.