Question

What is a real estate investment group?
a.
A collection of investors who pool their resources in order to purchase and manage property for a profit.
b.
An investment trust which uses investors’ money to purchase property, which it then manages in the investors’ stead.
c.
A category of real estate, such as “houses” or “apartment buildings.”
d.
A set of several properties purchased all at once.

Answer 1

a. A collection of investors who pool their resources in order to purchase and manage property for a profit.

Explanation: A real estate investment group (or syndicate) is usually a group of investors who combine capital and expertise to buy, operate, and profit from real estate. (Option b describes a REIT.)