Forward AFFO Payout Ratios

Top Dollar

(SNL U.S. REIT index price/LTM FFO [x])

Jeff Hanson

Executive Spotlight: Jeff Hanson, American Healthcare Investors

When it comes to skin in the game, Jeff Hanson and his colleagues at American Healthcare Investors, the co-sponsors of Griffin-American Healthcare REIT II, are leaders of the pack.

Washington REIT Acquires DC Office Building for $105M

Washington Real Estate Investment Trust has acquired 1775 Eye St., N.W., a 185,000-square-foot office building in Washington, D.C.’s Central Business District, for $104.5 million.

SS&C Technologies Targets Mortgage REITs with New Servicing Group

SS&C Technologies Holdings has expanded its business offerings to the real estate industry with the establishment of its REIT servicing group.

Favorable Prospects

(U.S. equity REIT average 2014 AFFO payout ratio)

Washington REIT Buys Army Club Building in DC for $79M

Washington Real Estate Investment Trust continues repositioning its portfolio with the acquisition of The Army Navy Club Building, a Class A office building in Washington, D.C., for $79 million.

Proper Payout

(REIT dividend yield by sector) By Jason Lail REIT dividend yields are an important metric to consider when determining investment allocations in the equity REIT space. REITs are required to pay out 90 percent of taxable income each year to maintain elected REIT status, so REITs are generally considered appealing for yield-seeking investors. Spreads between the 10-year Treasury and equity REIT yields ranged between 0.77 and 1.65 percent over the last year, with a spread as of Jan. 31, 2014, of 1.05 percent. The 10-year T-note yield has increased by 65 basis points over the last year, while equity REITs…

Executive Spotlight, Stuart Tanz, Retail Opportunity Investments Corp.

Stuart Tanz is on his way to making Retail Opportunity Investments Corp. another Pan Pacific Retail Properties.

Premium Buy

(U.S. equity REIT premium to NAV by sector)    

Industrial Inflation

(SNL U.S. REIT index price/LTM FFO [x])