Real estate investment trusts (more commonly known as REITs) have long been a favored destination for income-seeking investors, as the entire legal framework under which REITs are organized is designed to funnel cash out of the business in the form of distributions. There is a huge array of choices in the REIT world, though, and Weingarten Realty (NYSE:WRI) stands out for its focus on neighborhood and community shopping centers – often anchored by supermarkets and located in attractive locations like the Mid-Atlantic, Southeast, Texas, and West Coast.
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Wednesday, June 26, 2013
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