1) Real Estate Equity Funds are commonly structured as Limited Partnerships.

True

False

2) How can Real Estate Investment Trusts invest in real estate?

Equity

Mortgages

They always invest in both at the same time.

They can invest through bot channels, but do not have to do both at the same time.

3) When does the investor in a Real Estate Equity Fund start paying fees?

When the initial commitment is made.

When the real estate is purchased.

When the real estate is held, managed, and improved.

When the real estate is sold and the investors received their payout.