Real estate may be cyclical, but having exposure to real estate — especially commercial real estate — in a portfolio as an alternative source of income can be beneficial. What’s the best way to evaluate whether it makes sense for a client? Andy Blocher, chief financial officer of Federal Realty Investment Trust, talked to Financial Planning about the risks and rewards of publicly traded REITS.

Q: Why would you say it makes sense to include REITs in a diversified portfolio?

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