
Real estate investment trusts (REITs) can provide passive income and solid returns if timed correctly. Many investors may scratch their heads after a quick 20% drop, but it's not unusual.
This year, Blackstone Inc. (NYSE:BX) agreed to purchase roughly $30 billion across four different REITs. As Vanguard Real Estate ETF (NYSE:VNQ) has been in a steep decline since January, it appears that Blackstone now sees value in certain real estate investment trusts.