There's a very simple reason why real estate tends to be held in limited partnerships rather than corporations and that reason is the corporate profits tax.

人们之所以,通过有限合伙的形式来持有商业房产,而不是以公司的形式来持有商业房产,其原因非常简单,那就是公司利润税

耶鲁公开课 - 金融市场课程节选

There's also commercial real estate, which is smaller than owner-occupied homes, but we own that indirectly too, as a people, through the stocks that we own and through the institutions we participate in.

除此之外还有商业地产市场,它比自有住房市场要小,但人们也可以间接持有商业房产,人们可以通过持有股份,及参加一些机构的方式来持有商业地产

耶鲁公开课 - 金融市场课程节选

You want, if you are setting up an organization to hold real estate, you want to do it, if you can, as a DPP because you don't want to pay those taxes.

如果你要成立一个组织,来持有商业房产,那么你就尽可能选择DPP的形式,因为这样你就不需要支付利润税了

耶鲁公开课 - 金融市场课程节选