Total Return
Forest City Enterprises Could be REIT by 2016
Calling it a “major milestone for the future of Forest City,” Chairman Charles Ratner said the board reached a decision to make the company public.
JANUARY ISSUE: Campus Crest’s Renaissance
As 2015 begins, Campus Crest Communities Inc. has several big items on its to-do list.
Outperforming the Index
U.S. equity REITs had a one-year total return of 16.26 percent as of Oct. 30. The SNL U.S. Manufactured Homes REIT index led all REIT indexes for the year through Oct. 30, with a total return of 28.9 percent. The SNL U.S. Hotel REIT index was next on the list, with a year-to-date total return of 26.82 percent. The multi-family, regional mall and shopping center sectors all also outperformed the SNL U.S. REIT Equity index in the second half of 2014. For the 12-month period ended Oct. 30, four REIT sectors had total returns that underperformed the SNL U.S REIT…
Raising Capital
(U.S. equity REIT year-to-date 2014 offerings by sector; $ in billions)
Steadfast Apartment REIT Enters Georgia with 696-Unit Acquisition in Suburban Atlanta
Steadfast Apartment REIT added 696 residential units to its holdings and made its entrée into a fourth state with the acquisition of a two-property apartment community in the suburban Atlanta town of Suwanee, Ga.
Improving Fundamentals Support Stable Outlook for Lodging REITs
By Griselda Bisono, Assistant Vice President & Analyst, Commercial Real Estate Finance, Moody’s Investors Service: The U.S. lodging industry remains healthy, as its fundamentals continue on a positive trajectory.
First Potomac Buys 11 Dupont Circle
First Potomac Realty Trust is adding to its Washington, D.C., office holdings with the purchase of 11 Dupont Circle, a nine-story, 155,713-square-foot mixed-use building.
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.