Aging baby boomers and strong demand for inexpensive housing have helped boost the small manufactured housing real estate investment trust (REIT) sector. The sector’s market capitalization totals just $8 billion, but its total year-to-date return of 13.13 percent far exceeds the FTSE NAREIT All Equity REIT average of –1.07 percent. Plus, interest rate survey results from Trepp.Read More
Mixed economic news is weighing on retail markets, pushing real estate investment trust (REIT) performance down. Within the retail REIT sector, regional malls, prized for stability as a core property type, have posted the best year to date returns (–1.92 percent), while shopping centers posted a return of –2.94 percent. Plus, interest rate survey results from Trepp.Read More
International economic forces have taken center stage this week, affecting both U.S. stock markets and real estate investment trusts. The crash in the Chinese stock market and ongoing concerns about the future of Greece in the Eurozone drove markets down during the first half of the week, with REITs faring better than the overall market. Plus, interest rate survey results from Trepp.Read More
This year, real estate investment trusts (REITs) have raised $17.1 billion of capital through the sale of unsecured notes, bringing the total raised over the past two and a half years to just more than $75 billion. That is more than they raised during the previous five years. The low rates have allowed REITs to issue ten-year bonds with coupons as low as 2.75 percent. Plus, interest rate survey results from Trepp.Read More
Is increased construction good or bad for apartment real estate investment trusts (REITs)? This question took center stage last week with the release of May data on multifamily completions and permit activity by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Plus, interest rate survey results from Trepp.
While many of the larger real estate investment trusts made presentations at the 2015 REITWeek Conference in New York, specialized trusts took center stage during a panel focused on how healthy real estate property fundamentals are benefiting the data center, cell tower, timber, advertising, and farmland sectors. Plus, interest rate survey results from Trepp.
Real estate investment trusts (REITs) pulled back slightly in May as their outlook became less certain. Strong April job growth has helped fuel demand for real estate, but consumer spending has picked up less than expected given the decrease in fuel prices. Investors are also wary of an interest rate increase. Plus, interest rate survey results from Trepp.
As schools let out for the summer, student housing real estate investment trusts (REITs) are already looking past vacations and ahead to the next school year. As an influx of new construction was met with declining college enrollment this year, these REITs faced challenges.
Several years into a growth economy, most housing markets are moving forward. The four publicly traded real estate investment trusts (REITs) that were formed to acquire and rent distressed single-family homes are currently reporting short-term successes, with improved earnings and property values. However, each of the single-family residential REITs reported a net loss for the first quarter of the year.
The U.S. real estate industry is on a steady course to sustain growth through 2017, according to ULI’s latest three-year forecast. At the ULI Spring Meeting in Houston, the consensus forecast was discussed in a session moderated by William J. Maher, director of North American strategy for LaSalle investment Management.