Member Log In: E-mail Address Password Remember me on this computer

TOP STORY: Interest Rate Risk Concerns REIT Watchers	By Erika Morphy

Last week the federal funds rate rose 25 basis points, an increase largely expected by market participants. But what if it had been 50 or even 75 basis points? Could the real estate market—in particular, REITs, which just delivered less than stellar earnings this January—have absorbed a steeper increase? Good news: A new academic study simulating the effect of specific unexpected macro economic shocks—interest rate or inflation increases, for example—on REIT performance has delivered a relatively positive outlook for the industry. The findings come as concern increases that REITs are too dependent on floating-rate debt.

Subscribers: Click Here for the Full Story

Non-Subscribers: Click Here to Subscribe