Betting that the surge in housing prices in high-demand markets will continue unabated for several years, Armada ETF Advisors has unveiled what it says is the first active, pure-play exchange-traded fund that invests directly in publicly traded residential REITs.
Unlike other real estate-oriented ETFs that invest in stocks associated with real estate, the new Home Appreciation US REIT ETF (HAUS) launched by Armada in partnership with Tidal ETF Services gives investors access to residential REITs.
HAUS will invest in publicly traded REITs that derive at least 75% of their revenue from ownership and/or management of residential properties including multifamily housing, manufactured housing, SFR or senior housing.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.