Details of CREIT’s revolution in the Real-estate investment industry

What is REIT?

REIT stands for Real-estate Investment Trust. REITs were created in the United States after President Dwight D. Eisenhower signed Public Law 86–779, sometimes called the Cigar Excise Tax Extension of 1960. The law was enacted to give all investors the opportunity to invest in large-scale, distinguished portfolios of income-producing real estate in the same way they typically invest in other asset classes — through the purchase and sale of liquid securities.

The concept of Real Estate Investment Trusts or REIT is not entirely nascent. Having been an integral part of the real estate arena over the years, REIT can be best described as a company that owns income-generating real estate holdings in the form of commercial real estate. Typically, assets such as office buildings, apartment complexes, hospitals, warehouses, shopping malls, hotels, restaurants, and even commercial forests come under the REIT umbrella.

In many ways, REIT behaves like a mutual fund in which a collected pool of money from investors is managed and invested by the company. The incentive from an investor’s point of view is the opportunity to earn dividends from the holdings without having to execute them.

How CREIT is making a difference in the real-estate investment industry?

CREIT aims to take the concept of REIT to the next level by harnessing the power of blockchain technology and blockchain 2.0, i.e, (Ethereum). With the CREIT coin, investors will have a stabilized holding mechanism that brings numerous advantages like transparency, security, reliability, and privacy.

CREIT is a crypto backed real estate investment trust that utilizes the power of blockchain technology and Ethereum. With the increasing usage of cryptocurrency to offer investors a new way of investing in the real estate space, it has come into the market. With the security, immutability, and privacy that blockchain technology provides its users, CREIT is a highly secure form of investment that offers a stable, money-making opportunity for investors.

CREIT will be a Singapore-registered company with a primary focus on the American real estate market. We aim to provide seamless real estate investment opportunities for non-US nationals to hold commercial real estate in the United States. CREIT will act as a crypto-powered vehicle for their investments.

CREIT is here to give you the medium to play in the real-estate game of America. Individuals can come forward and enjoy the real estate backed coin, without involvement of a third party, without legalities, and without undergoing strict verification rules like KYC/AML.