In the latest edition of Quick Study, Brad Case, NAREIT’s senior vice president for research and industry information, noted that Equity REITs and Mortgage REITs have been on divergent paths in recent months.
The total returns of the FTSE NAREIT All REITs Index dropped 2.0 percent in November, while the S&P 500 Index gained 3.7 percent. Total returns of the FTSE NAREIT All Equity REITs Index fell 2.4 percent in November, while total returns of the FTSE NAREIT Mortgage REITs Index gained 1.7 percent.