Real Estate Investment Trusts (REITs)
Company Overview of Metropolitan Realty Company, L.L.C.
In December 1996, Metropolitan Realty Corporation’s assets and liabilities were transferred to Metropolitan Realty Company, L.L.C., pursuant to the terms of a restructuring agreement. Previously, Metropolitan Realty Corporation operated as a real estate investment trust, which mainly invested its assets in mortgage loans to real estate projects located in southeastern Michigan in the counties of Wayne and Macomb. The company is a real estate investment trust (REIT) under the Internal Revenue Code of 1986. As a REIT, its income is not subject to federal income tax at the company level to the extent distributed to shareholders.
Detroit, MI 48226
Key Executives for Metropolitan Realty Company, L.L.C.
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