Stephen Boyd

Mall REITs Face Pandemic Fallout as Retailers Struggle

April rent collection rates for enclosed mall assets were the lowest of all retail property types, notes Stephen Boyd of Fitch Ratings.

Why Coronavirus Will Hit Hotel REITs Hardest

Fitch Ratings’ Stephen Boyd provides a segment-by-segment preview of how real estate investment trusts may weather the storm.

REITs Face Late-Cycle Policy Discipline Test

Decelerating property-level income increases and rising interest rates may tempt some REITs to consider development and other external expansion moves, says Stephen Boyd of Fitch Ratings.

‘Evolved’ REITs Manage Coworking’s Risks, Rewards

Having WeWork and other shared office space providers on the tenant roster is becoming the norm for office property owners. The variable is how landlords structure these arrangements, according to Stephen Boyd of Fitch Ratings.

Fitch Forecasts Strong Multifamily REIT Performance

The rating agency’s Senior Director Stephen Boyd details the trends that have positioned multifamily REITs to fill vacancies and execute portfolio strategies.

Health-Care REITS Sell Into Strength

Institutional investors have taken greater interest in the sector amid faster-changing demographics, according to Fitch Ratings Senior Director Stephen Boyd.

REITs Reap Rewards of De-Risking

The lessons of the financial crisis have made a lasting impact on these companies, positioning them for continued growth and stability through year-end, says Fitch Ratings Senior Director Stephen Boyd.

REITs in an Era of Strong Policy Headwinds

The new administration hopes to accelerate U.S. economic growth by focusing on infrastructure spending and tax reform. But the more restrictive trade and immigration policies could present some challenges for equity REITs, explains Fitch Ratings Senior Director Stephen Boyd.

No Bubble for Tech Properties

By Stephen Boyd, Director of U.S. REITs, Fitch Ratings: Despite signs of strain, the tech market of today is very different from the one that burst in the early 2000s.

Asset Sales: A Bridge Over Troubled Water for Equity REITs

By Stephen Boyd, Director of U.S. REITs, Fitch Ratings: Why asset sales is likely to remain a hot topic for U.S. equity REITs through 2016.