Greta Guggenheim, ULI member and president of Ladder Capital, spoke at the 2011 ULI Capital Markets Conference in New York. She discusses the state of conduit lending as well as the role and impact of new issuance in 2011.
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.
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.