A real estate investment group (REIG) refers to an entity that focuses the majority of its business on investing in real estate. In search of profits, real estate investment groups may choose to buy, renovate, sell, or finance properties. Real estate investment groups commonly buyout a property and sell units to investors while taking responsibility for the administration and maintenance of the property. Typically, real estate investment groups either do not elect or qualify for the real estate investment trust (REIT) status.
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