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'''Internet REIT''' is a next-generation media company that owns, manages and sells premier domain names. It's specialties include reseller management, client relations, sales reporting, quality assurance testing, customer management, salesforce.com administration, data Analysis, and marketing Fulfillment.Internet REIT's main office is located in Houston Texas.

'''Internet REIT 9iREIT)''' is a next-generation media company that owns, manages and sells premier domain names. It specializes in Direct Navigation Marketing. Instead of using the search engine, internet users directly type the keyword to the browser and add .com or any extension.

 

Bob Hurtte is the CEO of Internet REIT and its main office is located in Houston Texas.

==Background==

==Background==

[[Bob Martin]] and [[Marc Ostrofsky]] co-founded Internet REIT in 2004 to acquire prime internet domain names and and web properties for sale to advertisers.<ref>[http://www.bizjournals.com/houston/stories/2006/10/02/daily41.html bizjournals.com]</ref> The company received its initial outside financing from Jacobson Family Investments Inc. in 2005<ref>[http://www.bizjournals.com/houston/stories/2006/05/22/story1.html REIT nets big names]</ref>

[[Bob Martin]] and [[Marc Ostrofsky]] co-founded Internet REIT in 2004 to acquire prime internet domain names and and web properties for sale to advertisers.<ref>[http://www.bizjournals.com/houston/stories/2006/10/02/daily41.html bizjournals.com]</ref> The company received its initial outside financing from Jacobson Family Investments Inc. in 2005<ref>[http://www.bizjournals.com/houston/stories/2006/05/22/story1.html REIT nets big names]</ref>

In  2006,Internet REIT also acquired the portal and major portions of the domain portfolio of Knoxville-based Netster.com and Howard Schultz.Howard Schultz.received $20 million investment from '''Maveron LLC''', a Seattle venture capital firm chaired by chaired by Howard Schultz; Perot Investments Inc.,a Dallas investment company owned by Ross Perot and Breco Holdings Inc., owned by Alfredo Brener.<ref>[http://www.bizjournals.com/houston/stories/2006/05/22/story1.html REIT nets big names]</ref>

In  2006,Internet REIT received $20 million investment from '''Maveron LLC''', a Seattle venture capital firm chaired by Howard Schultz; Perot Investments Inc.,a Dallas investment company owned by Ross Perot and Breco Holdings Inc.,a company owned by Alfredo Brener.<ref>[http://www.bizjournals.com/houston/stories/2006/05/22/story1.html REIT nets big names]</ref>

 

 

 

==Ownership of Mispelled Domain Names==

iREIT owns 30 misspelled names of [[Google]] and its product names <ref>[http://kesmodel.wordpress.com/2007/02/17/ireit-owns-typo-domain-names-related-to-google/ iREIT Owns “Typo” Domain Names]</ref> as well as typo-error Verizon domain names.

Internet REIT owns 30 misspelled names of [[Google]] and its product names <ref>[http://kesmodel.wordpress.com/2007/02/17/ireit-owns-typo-domain-names-related-to-google/ iREIT Owns “Typo” Domain Names]</ref> as well as typo-error Verizon domain names.

Early in 2007, [[Verizon Wireless]] filed a [[cybersquatting]] law suit against Internet REIT alleging that the company has profited from its more than 90 domain names with typographical errors of Verizon Wireless trademarks.In addition, Verizon asked for $ 100,000 statutory damages per domain name.<ref>[http://www.bizjournals.com/houston/stories/2007/04/23/story4.html Cybersquatting law suit]</ref>

In 2007, [[Verizon Wireless]] filed a [[cybersquatting]] law suit against Internet REIT alleging that the company has profited from its more than 90 domain names with typographical errors of Verizon Wireless trademarks.In addition Verizon asked for $ 100,000 statutory damages per domain name.<ref>[http://www.bizjournals.com/houston/stories/2007/04/23/story4.html Cybersquatting law suit]</ref>

The legal battle between Verizon and iREIT was amicably resolved on December 2007. FoxBusiness.com reported that part of the settlement between the parties included monetary payment to Verizon and a permanent injunction was issued to iREIT prohibiting the company from registering, trafficking in or using as a registrant any domain name that is identical or confusingly similar to the Verizon trademarks. Other details of resolution was confidential.<ref>[http://www.domainnamenews.com/legal-issues/ireit-and-verizon-settle-legal-dispute/1350 Domain Name News]</ref>

==References==

==References==

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[[Category: Companies]]

[[Category: Companies]]