{"id":1004451364,"date":"2020-10-26T01:30:05","date_gmt":"2020-10-26T09:30:05","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004451364"},"modified":"2020-11-19T05:06:32","modified_gmt":"2020-11-19T13:06:32","slug":"2020-reit-values","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/2020-reit-values\/","title":{"rendered":"2020 REIT Values"},"content":{"rendered":"<h2>SNL US REIT Index Price\/LTM FFO (x)<\/h2>\n<div id=\"attachment_1004487307\" style=\"width: 560px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/1120_REITs_Values.png\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004487307\" data-attachment-id=\"1004487307\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/2020-reit-values\/1120_reits_values\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/1120_REITs_Values.png\" data-orig-size=\"800,600\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"1120_REITs_Values\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;As of Apr. 30, 2020.&lt;br \/&gt;\nSource: S&amp;amp;P Global Market Intelligence&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/1120_REITs_Values.png?w=800\" class=\"wp-image-1004487307\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/1120_REITs_Values.png\" alt=\"\" width=\"550\" height=\"413\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/1120_REITs_Values.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/1120_REITs_Values.png?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/1120_REITs_Values.png?resize=768,576 768w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a><p id=\"caption-attachment-1004487307\" class=\"wp-caption-text\">As of Sep. 30, 2020.<br \/>Source: S&amp;P Global Market Intelligence<\/p><\/div>\n<p>As of Sept. 30, 2020, the manufactured homes sector led all publicly traded U.S. equity REIT sectors in terms of the funds from operations multiple for the last 12 months. Furthermore, the said sector posted a 29.73x LTM FFO multiple, outperforming the SNL US REIT Equity Index by 6.9 percentage points. The industrial and hotel REIT sectors followed with multiples of 27.12x and 26.28x, respectively. On the otherhand, the retail enclosed mall sector ranked last with a 6.22x price to LTM FFO.<\/p>\n<p>Among the REITs focused on manufactured homes, Sun Communities Inc. had the highest price to last twelve months FFO multiple of 30.8x.<\/p>\n<p>Lastly, Front Yard Residential Corp., a specialty REIT, had a 218.5x LTM FFO multiple, the highest among the publicly traded U.S. equity REITs.<\/p>\n<hr>\n<h2>SNL US REIT Index Price\/LTM FFO [x]<\/h2>\n<div id=\"attachment_1004451367\" style=\"width: 560px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/620_REITs_Values.png\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004451367\" data-attachment-id=\"1004451367\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/2020-reit-values\/620_reits_values\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/620_REITs_Values.png\" data-orig-size=\"800,600\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"620_REITs_Values\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;As of Apr. 30, 2020.&lt;br \/&gt;\nSource: S&#038;P Global Market Intelligence&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/620_REITs_Values.png?w=800\" class=\"wp-image-1004451367\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/620_REITs_Values.png\" alt=\"As of Apr. 30, 2020. Source: S&amp;P Global Market Intelligence\" width=\"550\" height=\"413\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/620_REITs_Values.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/620_REITs_Values.png?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/620_REITs_Values.png?resize=768,576 768w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a><p id=\"caption-attachment-1004451367\" class=\"wp-caption-text\">As of Apr. 30, 2020.<br \/>Source: S&amp;P Global Market Intelligence<\/p><\/div>\n<p>As of April 30, 2020, the manufactured homes sector led all publicly traded U.S. equity REIT sectors in terms of the last 12 months funds from operations multiple. The sector posted a 28.85x LTM FFO multiple, outperforming the SNL US REIT Equity Index by 8.0 percentage points. The industrial and multifamily REIT sectors followed next with price to LTM FFO multiples of 25.42x and 17.92x, respectively. The regional mall sector ranked last with a 6.07x price to LTM FFO.<\/p>\n<p>Among the REITs focused on manufactured homes, Sun Communities Inc.&nbsp; had the highest price to LTM FFO multiple of 29.6x.<\/p>\n<p><i>Diana<\/i><i> Rose Barrun is an associate for the real estate client operations department of S&amp;P Global Market Intelligence.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As of Sept. 30, the manufactured homes sector led all publicly traded U.S. equity REIT sectors in terms of the funds from operations multiple for the last 12 months. <\/p>\n","protected":false},"author":1039,"featured_media":1004487307,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37777,37762],"tags":[],"class_list":["post-1004451364","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rc-price-ltm-ffo","category-rc-reits"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2020 REIT Values - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/2020-reit-values\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2020 REIT Values\" \/>\n<meta property=\"og:description\" content=\"As of Sept. 30, the manufactured homes sector led all publicly traded U.S. equity REIT sectors in terms of the funds from operations multiple for the last 12 months.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/2020-reit-values\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-26T09:30:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-19T13:06:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/1120_REITs_Values.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Diana Rose Barrun\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/2020-reit-values\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/2020-reit-values\/\",\"name\":\"2020 REIT Values - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/2020-reit-values\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/2020-reit-values\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/1120_REITs_Values.png\",\"datePublished\":\"2020-10-26T09:30:05+00:00\",\"dateModified\":\"2020-11-19T13:06:32+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4432cbe27a3d14da84741ece7675ec08\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/2020-reit-values\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/2020-reit-values\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/2020-reit-values\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/1120_REITs_Values.png\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/1120_REITs_Values.png\",\"width\":800,\"height\":600,\"caption\":\"As of Apr. 30, 2020. Source: S&amp;P Global Market Intelligence\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/2020-reit-values\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"2020 REIT Values\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4432cbe27a3d14da84741ece7675ec08\",\"name\":\"Diana Rose Barrun\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3da54d9d786876aa14618ac1e5f70903371edc5212c02b685858bb409b0b8f8d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3da54d9d786876aa14618ac1e5f70903371edc5212c02b685858bb409b0b8f8d?s=96&d=mm&r=g\",\"caption\":\"Diana Rose Barrun\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/dianarosebarrun\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"2020 REIT Values - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/2020-reit-values\/","og_locale":"en_US","og_type":"article","og_title":"2020 REIT Values","og_description":"As of Sept. 30, the manufactured homes sector led all publicly traded U.S. equity REIT sectors in terms of the funds from operations multiple for the last 12 months.","og_url":"https:\/\/www.commercialsearch.com\/news\/2020-reit-values\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2020-10-26T09:30:05+00:00","article_modified_time":"2020-11-19T13:06:32+00:00","og_image":[{"width":800,"height":600,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/1120_REITs_Values.png","type":"image\/png"}],"author":"Diana Rose Barrun","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/2020-reit-values\/","url":"https:\/\/www.commercialsearch.com\/news\/2020-reit-values\/","name":"2020 REIT Values - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/2020-reit-values\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/2020-reit-values\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/1120_REITs_Values.png","datePublished":"2020-10-26T09:30:05+00:00","dateModified":"2020-11-19T13:06:32+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4432cbe27a3d14da84741ece7675ec08"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/2020-reit-values\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/2020-reit-values\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/2020-reit-values\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/1120_REITs_Values.png","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/1120_REITs_Values.png","width":800,"height":600,"caption":"As of Apr. 30, 2020. 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