REIT - Diversified
NAICS : 531190
SIC : 6798
Traded in other countries
2325 East Camelback Road, Suite 1100, Phoenix, AZ, USA, 85016
VEREIT Inc is a real estate investment trust primarily involved in the ownership of property located in the U.S. and Canada. VEREIT organizes its operations into Real Estate Investment and Investment Management segments. The company derives the vast majority of its income from its Real Estate Investment division in the form of rental income from long-term leases. This business unit owns and manages a real estate portfolio that is fairly evenly diversified between retail, restaurant, office, and industrial properties. A sizable amount of the company's total rental income is derived from customers in the casual dining restaurant and manufacturing industries. VEREIT's Investment Management segment manages the affairs of nontraded REITs through its wholly-owned subsidiary, Cole Capital.