Fitch Analyst Expects Solid Occupancy Rates for REITs in 2018

Steven Marks, managing director at Fitch Ratings, joined Nareit for a video interview at REITworld 2017.

Marks commented on some of the trends he is seeing in REIT bank borrowing exposure.

“It’s one of the few things we’re concerned about when it comes to REIT liquidity and access to capital,” Marks said. He noted that the sum of bank borrowing relative to the overall debt capital structure is currently about 18 percent, compared with a level of around 8 percent in 2008 to 2009.