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The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Ownership of real estate contains unique risks, such as changes in real estate values and property taxes, interest rates, cash flow of underlying real estate assets, supply and demand, and the management skill and credit worthiness of the issuer. Diversification and asset allocation strategies do not ensure a profit and cannot protect against losses in a declining market. This article is not intended to replace competent legal, tax, investment or financial planning advice. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision. Please contact your investment, tax and legal advisors for professional advice that is consistent with your personal situation. Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve. Historical performance is not a reliable indicator of current or future performance.