FTSE Nareit All REITs Index Up 2.3% in August

FTSE Nareit All REITs Index Up 2.3% in August

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REIT returns in August outpaced gains seen the month before, with health care REITs posting the largest advances among all property types.

The total returns of the FTSE Nareit All REITs Index rose 2.3 percent in August, while the S&P 500 rose 3.3 percent. In July, the FTSE Nareit All REITs Index rose 0.8 percent. The total returns of the FTSE Nareit Mortgage REIT Index gained 0.2 percent in August, while the yield on the 10-year Treasury note was flat.

Published at Wed, 05 Sep 2018 12:52:26 +0000

Essex Property Trust Says West Coast Housing Demand is Strong

Essex Property Trust Says West Coast Housing Demand is Strong

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Michael Schall, president and CEO of Essex Property Trust, Inc. (NYSE: ESS), participated in a video interview at Nareit’s REITweek: 2018 Investor Conference in New York.

Schall said that with both the economy and job growth doing better than the company had expected, West Coast housing demand is “doing well,” driven by the tech markets.

Published at Mon, 20 Aug 2018 13:29:38 +0000

National Health Investors Looks Toward the Midwest and West in Acquisitions

National Health Investors Looks Toward the Midwest and West in Acquisitions

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Eric Mendelsohn, president and CEO of National Health Investors (NYSE: NHI), participated in a video interview at Nareit’s REITweek: 2018 Investor Conference in New York.

Even though National Health Investors executed $95 million in transactions in the first half of this year, Mendelsohn said it has been a light year for the company.

Published at Mon, 13 Aug 2018 13:36:49 +0000