Britton Costa

How Senior Housing Occupancy Declines Raise Risk for REITs

Concerns about safety and a W-shaped recovery will put pressure on health-care companies to prove their value to residents.

The Next Wave of REIT Privatization

By Britton Costa, Director, U.S. REITs, Fitch Ratings: Recently announced acquisitions of Excel Trust and Associated Estates may be harbingers of the next wave of U.S. REITs going private.

The Crystal Ball into REIT Health

By Britton Costa, Director, U.S. REITs, Fitch Ratings : Find out how the relationship between dividends and operating cash flows can be a crystal ball for assessing a REIT’s health and priorities.

Green May be Gold for U.S. Equity REITs

By Britton Costa, Director, U.S. REITs, Fitch Ratings: The U.S. REIT sector’s inaugural “green bond” offerings suggest being environmentally friendly is also credit-friendly.

GSE Tug-Of-War Stalls Reform

By Britton Costa, Associate Director – REITs, Fitch Ratings: As Fitch approaches the end of 2014, the landscape reminds us of a four-way tug-of-war, with the GSEs as the flag at the center.

Why Are REIT M&As So Rare?

By Britton Costa, Associate Director, REITs, Fitch Ratings: Mergers between publicly traded REITs have historically been sporadic. Thus, when one does occur, it typically stokes the long-simmering REIT M&A debate.