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Sam Foti is considered a gem in the corporate circles for his unrelenting work schedules and participation in every aspect of his company’s business. He has been the President and Chief Operating Officer of the MONY Group since 1994. During his tenure as the COO, he has implemented a number of procedures that have helped the MONY’s to ward off recession and stay on the profitable course.

Samuel J. Foti played a key role in the demutualization of the company and its listing on the stock exchange. He regularly interacts with the company’s shareholders and work with investment mangers to keep the company floating in the challenging environment of stock exchanges.

Another major achievement of  Samuel Foti  is the reorganization of the company on the tenets of Information Technology. He was one of the first COOs to understand the importance of IT governance and changed the manual procedures of the company to modern and one-window operation. His other achievements include the creation of Enterprise Strategies group that oversees the investment arm of the company. Additionally, he also manages the subsidiaries of MONY’s through either directorships or a main role in their working procedures.

Previously, it was mentioned that if property investor could invest in overseas property through a REIT. It was also mentioned that there are two kinds of REITS, a private REIT and a public REIT. While the definition of these investment trusts may not be found in Property Investment Guides, they will be clearly defined herein. Let’s take a look at the Private REIT first, shall we? Private REITs are funds that are not publicly traded on any stock market. They are privately held and investing in a REIT is like investing in a business. When one invests in a private REIT the investment is recouped through dividend payments through the life of the REIT. (Most private equity investments are for a limited time period such as 7 – 10 years) The main benefit of a privately held REIT is that is has the potential to pay huge dividends. The big negative is the fact that shares of a private REIT can not be sold. So, if the REIT loses money there is no way out. But if it makes money, the dividends it pays can be huge. Such is the case with any risky investment. If this type of risk is too much to bear, then there is always the option of investing in a public REIT instead.