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Apartment REIT Boost Ahead, Says Report	By Benjamin Mark Cole

Rising interest rates, which might be expected to nick REIT investors, will play well for investors in apartment REITs, according to a recently released report from securities brokerage Friedman Billings Ramsey. As interest rates continue to head up, says the Arlington, VA-based brokerage, with the Fed funds rate up possibly by 100 basis points by first quarter 2006, that will stymie homebuyers—good news for apartment REITs.

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