Research Center

Placing Orders

(value of manufacturers’ new orders; not seasonally adjusted; $ in millions)

New York City Spotlight: Top Dollar

(top 10 New York City commercial transactions, January 1 to March 30, 2012; $ in millions)

Professional Preference

(employed and unemployed persons by occupation; not seasonally adjusted; numbers in thousands)

Healthcare’s Healthy Prognosis

U.S. equity REITs are currently required to pay out 90 percent of taxable income to shareholders in the form of dividends to maintain their REIT status. These steady dividend streams are important to REIT investors, so many analysts will look at AFFO payout ratios to determine whether REITs will be able to maintain their current dividend levels going forward. AFFO (also known as funds or cash available for distribution) adjusts funds from operations for non-cash items such as straightlining of rents and non-revenue-generating capital expenditures to get to an earnings metric that is a good proxy for cash flow per…

Positive Story

(CMBS delinquencies by property type)

REIT Report

U.S. equity REITs are currently required to pay out 90 percent of taxable income to shareholders in the form of dividends to maintain their REIT status. These steady dividend streams are important to REIT investors, so many analysts will look at AFFO payout ratios to determine whether REITs will be able to maintain their current dividend levels going forward. AFFO (also known as funds or cash available for distribution) adjusts funds from operations for non-cash items such as straightlining of rents and non-revenue-generating capital expenditures to get to an earnings metric that is a good proxy for cash flow per…

Zell, Mack Talk Leverage, Recovery at Schack REIT Conference

In an annual REIT conference sponsored by New York University’s Schack Institute of Real Estate, Sam Zell and William Mack offered several hundred real estate professionals and NYU students their views on leverage, consolidation and the industry’s uneven recovery.

Quest for Growth Tops Agenda at NYU-Schack REIT Conference

Where is the growth in an age of uncertainty? Some of the industry’s most influential leaders wrestled with that timely question Thursday at the annual REIT conference organized by New York University’s Schack Institute of Real Estate.

Innisfree Gets $57M Loan for Three Gulf-Coast Hotels

With the assistance of Aries Capital, Innisfree Hotels has received $57 million in financing for three of its hotels along the Gulf Coast just weeks in advance of maturity dates on existing loans.

Simon, BR Malls JV to Develop Outlet Malls in Brazil

Simon Property Group has teamed up with BR Malls Participacoes, Brazil’s largest retail real estate company, to develop and own outlet centers there. Simon also announced a JV with Calloway REIT to begin construction on Toronto Premium Outlets in Canada.