Search Results for “site/"IRS"” – Page 8 – Real Estate Investment Trusts

May 8, 2014

Fundamentally Speaking: Encouraging Signs in Apartment, Office Sectors

In the latest edition of Fundamentally Speaking, Calvin Schnure, NAREIT’s vice president of research and industry information, discussed some encouraging trends in the office and apartment sectors during the first quarter of 2014. Schnure noted that the apartment sector witnessed another decline in vacancy rates in the first quarter, reaching a new low for the …

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April 30, 2014

Fitch: REIT Share Buybacks Could Impair Credit Quality

As share buybacks are becoming more appealing for equity REITs, ratings firm Fitch Ratings is warning that they pose risks to the companies’ credit ratings. Despite outperforming the broader market in the first quarter, shares of equity REITs in general continue to trade below net asset value (NAV), making share buybacks “an intriguing use of …

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April 8, 2014

Essex Property Trust Joins S&P 500; Completes Merger with BRE

West Coast multifamily REIT Essex Property Trust, Inc. (NYSE: ESS) joined the S&P 500 Index on April 1, making it the 18th REIT to be included in the index. Previously, Essex Property Trust was included in the S&P MidCap 400 Index. Essex Property Trust is the first REIT to be added to the S&P 500 …

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