单选题

Which of the following investments most likely provides an investor with indirect, equity exposure to real estate?

A、 Real estate investment trusts.
B、 Real estate limited partnerships.
C、 Commercial mortgage backed securities.

【正确答案】 A

【答案解析】

A is correct. Real estate investment trusts (REITS) provide investors with indirect, equity real estate exposure. Real estate investment partnerships are a form of direct real estate equity investment. Commercial mortgage backed securities (CMBS) provides investors with indirect, debt investment opportunities in real estate.