Spirit Mta Reit

spirit mta reit is an externally managed real estate investment trust (reit). it is engaged in primarily investing in and managing a portfolio of single-tenant, operationally essential real estate throughout the united states that is generally leased on a long-term, triple-net basis to tenants operating within retail, office, and industrial property types. the company's portfolio includes an asset-backed securitization trust which issues non-recourse asset-backed securities collateralized by commercial real estate, net-leases and mortgage loans (master trust 2014); a portfolio of properties leased to specialty retail shops holding corp. (shopko)and its subsidiaries; a single distribution center property leased to a sporting goods tenant encumbered with commercial mortgage-backed securities (cmbs) debt, and a portfolio of unencumbered properties. it operates through two segments master trust 2014 and all other properties (other properties).