REIT aka Real Estate Investment Trust is a security that sells like stock. They are publicly owned companies that raise money selling stocks to shareholders and then use the funds to buy real estate.
REITs receive special tax considerations and typically offer investors high yields.
Individuals can invest in REITs either by purchasing their shares directly on an open exchange or by investing in a mutual fund that specializes in public real estate.
Need more details on the REIT? Read The REIT Way