Exploring Real Estate Investment Trusts (REITs)

Diversification and Opprotunities for Property Owners and Investors

Real Estate Investment Trusts (REITs) have emerged as an intriguing investment avenue for those seeking to diversify their portfolios, providing an accessible way to invest in real estate without directly owning properties. As a property owner or investor in the bustling Las Vegas market, understanding the potential benefits of REITs could be instrumental in expanding your investment strategy and maximizing your returns when it comes to real estate investment.


What Are REITs?

REITs are companies that own, operate, or finance income-generating real estate across various sectors. These can include commercial properties like office buildings, shopping centers, hotels, apartments, or even specialized sectors such as healthcare facilities and data centers. While some REITs operate across multiple sectors, there are also highly specialized REITs that will have a portfolio consisting primarily of one type of real estate. By law, REITs must distribute at least 90% of their taxable income to shareholders in the form of dividends, making them an attractive option for income-focused investors.


Diversification and Lower Entry Barriers

For property owners looking to diversify their real estate exposure or investors seeking to enter the real estate market without the hassle of property management, REITs offer an efficient solution. They allow individuals to invest in a diversified portfolio of properties across different geographic locations and property types, thereby spreading risk and potentially providing more stable returns. One of the significant advantages of REIT investments is their liquidity and accessibility. Unlike direct property ownership, investing in REITs provides a more liquid investment that can be bought and sold on stock exchanges, offering easier entry and exit strategies.


Potential for Passive Income and Capital Appreciation

REITs often offer attractive dividend yields due to their distribution requirements, providing a steady stream of income to investors. These dividends, which are typically higher than those of many other stocks, are one of the most appealing aspects of this kind of investment vehicle. Furthermore, the value of REIT shares can appreciate based on the performance of the underlying real estate assets. As the properties within the REIT portfolio appreciate in value or generate higher income, the value of the REIT shares may increase, offering potential capital gains to investors.


Considerations and Risks

As with any investment, it's essential to conduct thorough research and due diligence before investing in REITs. Factors to consider include the economic and market conditions, interest rate environments, and the specific focus and quality of the REIT portfolio. Additionally, while REITs offer diversification, they can be susceptible to market fluctuations and industry-specific risks. Factors such as changes in interest rates, real estate market trends, or sector-specific challenges could impact the performance of REITs. REITs can be an attractive addition to a diversified investment portfolio for both property owners and investors in Las Vegas. They offer an opportunity to benefit from the potential income, diversification, and growth associated with the real estate market without the hands-on management of owning properties directly.


Before investing in REITs, consider your investment goals, risk tolerance, and conduct thorough research or seek advice from financial professionals. With careful consideration, REITs could be a valuable component of your investment strategy, complementing direct property ownership or serving as a standalone investment.

At McKenna Property Management, we are committed to providing valuable insights to property owners and investors in Las Vegas. Stay tuned for more informative content to help you navigate the dynamic real estate market.

Step Into the Shadows: Exploring Las Vegas’ Mob Museum

July 28, 2025
Tucked away in the heart of Downtown Las Vegas, just steps from the flashing lights of Fremont Street, the Mob Museum offers something wildly different than the typical Vegas experience. Officially known as the National Museum of Organized Crime and Law Enforcement, this one-of-a-kind destination invites you to step into the gritty, gripping world of the American mob—and the people who tried to stop it. Housed in a historic 1930s U.S. Post Office and Courthouse—where real mob hearings took place—the building itself sets the tone. This is no ordinary museum. It’s immersive, intense, and at times, jaw-dropping Your journey begins at the top, tracing the rise of organized crime through Prohibition. Real artifacts tell real stories, including the actual bullet-riddled brick wall from Chicago’s infamous St. Valentine’s Day Massacre. As you make your way down each floor, the exhibits dive deeper into how the mob operated, how Las Vegas became a haven for crime families, and how law enforcement fought back - with wiretaps, undercover agents, and televised trials that captivated the nation. One of the museum’s standout features is its fully restored courtroom, where the 1950s Kefauver Hearings were held - bringing mob activity into the public spotlight for the first time. It’s surreal to sit in the very space where America watched the mob be put on trial. Downstairs, visitors can try hands-on exhibits like a police training simulator, or step into a forensics lab to test their CSI skills. But the real hidden gem is in the basement: The Underground, a fully functioning speakeasy and distillery that serves up Prohibition-style cocktails and house-made moonshine. It's a delicious way to end your tour through history. Beyond the drama and intrigue, what makes the Mob Museum truly special is how educational and engaging it is. It’s not just about the mobsters—it’s about the impact organized crime had on American culture, law, and justice. Whether you're a true crime junkie, history buff, or just looking for something different to do in Vegas, the Mob Museum is a must-visit. It’s raw, real, and fascinating from start to finish. L ocation: 300 Stewart Ave, Las Vegas, NV Hours: Daily 9am–9pm Admission: Starts around $35; discounts available for Nevada residents, students, military & law enforcement Don’t Miss: The Underground speakeasy (open later hour s)

800+ 5-Star Reviews and Counting: Why Las Vegas Trusts McKenna Property Management

July 21, 2025
McKenna Property Management is proud to have earned over 800 five-star reviews on Google — real feedback from property owners, investors, agents, and tenants all across Las Vegas who’ve experienced the difference working with us makes. Led by our owner and broker Jenni McKenna, with over 30 years of local real estate experience, we focus on making property management smooth, efficient, and refreshingly personal. We don’t believe in one-size-fits-all service or sending you in circles with automated systems. When you call our office, you’ll get a live person on the phone — not a robot or endless phone tree. Our team is organized into specialized departments, so whether it’s leasing, maintenance coordination, accounting, or HOA coordination, you’re always connected with the right person who knows how to help. That means quicker responses, clearer communication, and less frustration all around. Owners and investors trust us to handle everything from marketing and tenant screening to rent collection and repairs, helping maximize returns without the usual headaches. Agents feel confident referring clients to us because they know we respect their relationships — when it’s time for their clients to buy or sell, we never interfere or poach. Our focus remains solely on providing top-tier property management, while preserving and protecting their business. And tenants enjoy well-maintained homes, easy online systems, and a team that truly listens and responds. At McKenna Property Management, we treat every property like it’s our own and every person like part of our community. If you’re looking for reliable, experienced property management in Las Vegas with real people and real results, we’d love to connect.

Discovering Fergusons Downtown: Vegas’s Creative Heartbeat

July 14, 2025
Tucked at 1028 Fremont Street, Fergusons Downtown is where the spirit of old Vegas meets the creativity of a new generation. Once a mid-century motel, the property has been transformed into a vibrant community hub that pulses with life, art, food, and connection - a must-visit for anyone seeking the authentic soul of Las Vegas beyond the glow of the Strip. Originally the Franklin Motel in the 1940s and later renamed Fergusons Motel in the ’60s, the site was reimagined in 2019 by the late Tony Hsieh’s Downtown Project. What was once a simple roadside motel is now a full city block dedicated to innovation, small business, and creative risk-taking. The former motel rooms have been turned into studios and retail spaces, now home to an eclectic mix of local businesses. You’ll find everything from Neon Cactus Vintage to plantlovers’ haven LV Plant Collective. For foodies, Fergusons delivers with the Vegas Test Kitchen, a rotating lineup of pop-up culinary concepts that keep things fresh. Highlights include Mothership Coffee Roasters (offering everything from vegan pastries to charcuterie), La Monja for ceviche and housemade tortillas, and Hatsumi for seafood and sake with a Japanese twist. Cocktail lovers can settle into F the Bar, a cozy greenhouse-style lounge serving drinks like the hibiscuslavender “Vegas Playground.” At the center of the space is Big Rig Jig—a towering, 50-foot sculpture made from repurposed oil tankers. It’s bold, unexpected, and the perfect metaphor for what Fergusons stands for: turning the ordinary into something unforgettable. The community vibe continues in The Yard, a grassy gathering space that hosts jam sessions, yoga classes, comedy nights, open mics, and weekend markets. Monthly events like the Hey Maker Market and Pour in the Alley spotlight local artisans, performers, and mixologists, making every visit feel new. Fergusons Downtown isn’t just a redevelopment project—it’s a living ecosystem. It’s where artists, entrepreneurs, families, and visitors collide over coffee, cocktails, creativity, and conversation. It’s a place that proves Vegas is more than casinos and clubs; it’s a city full of soul. If you're ready to experience a different kind of Las Vegas—one rooted in community, creativity, and a touch of magic—step into Fergusons and see what’s blooming in the heart of downtown.