|
About Us
Since June 1988, the AFL-CIO Building Investment Trust has offered Taft-Hartley and public employee pension plans the opportunity to diversify their pension portfolios, reduce risk and enhance returns through prudent investments in commercial real estate. The BIT maintains competitive returns and a low risk profile while investing in projects built with union labor that stimulate economic growth and job creation in communities across America. Its sustained performance vs. the NCREIF Property Index reinforces the reputation of the BIT as a secure investment vehicle for Taft-Hartley and public employee pension plans.
The experienced staff of the BIT and its investment advisors work closely with local labor organizations, developers and government leaders to develop properties that not only meet strict underwriting criteria but also enhance community growth and employment. While providing highly competitive risk-adjusted returns to its investors, the BIT creates thousands of union construction jobs each year, as well as permanent union jobs in the maintenance and operation of properties in which it has an ownership interest.
|