2 Real Estate Companies That Are Making the World a Better Place
There is major growth appeal from investing in globally important trends. Real estate investment trusts (REITs) aren't the normal category you might think of to play such things. But Hannon Armstrong (NYSE: HASI) and Innovative Industrial Properties (NYSE: IIPR) are both front and center, helping the world get better, or at least happier, by providing growth capital to other companies. Here's how they are helping to make the world better and how you can benefit, too.
There are plenty of options for investors who want to invest directly in clean energy, from manufacturers of solar panels and wind turbines to the companies that operate them. Hannon Armstrong takes a vastly different approach, providing loans to companies in the clean power space. The loans it makes are basically backed by long-term contracts for the power generated by clean energy assets. Although that technically makes Hannon Armstrong a mortgage REIT, this isn't the typical mortgage REIT model.
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Source Fool.com
