Equity, Mortgage REITs on Divergent Paths in November

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.

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Management Involvement Key to Sustainability, Equity One Executive Says

Joe Lopez, senior vice president of property management and director of environmental impact at Equity One, Inc. (NYSE:  EQY), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.

Equity One owns and operates retail assets, with a portfolio concentrated in New York, San Francisco, Los Angeles and South Florida.

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Management Involvement Key to Sustainability, Equity One Executive Says

Joe Lopez, senior vice president of property management and director of environmental impact at Equity One, Inc. (NYSE:  EQY), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.

Equity One owns and operates retail assets, with a portfolio concentrated in New York, San Francisco, Los Angeles and South Florida.

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Apartment REIT Equity Residential Selling Assets for $5.4 Billion

Equity Residential (NYSE: EQR) announced Oct. 26 that it has agreed to sell more than 23,000 apartment units in mainly suburban locations to private equity firm Starwood Capital Group for $ 5.37 billion.

The deal involves 72 properties located in South Florida, Denver, Washington, Seattle and California’s Inland Empire. The sale is expected to close in the first quarter of 2016. Starwood will pay approximately $ 230,634 per unit.

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Equity Commonwealth CEO Says REIT Focused on Disposing of Assets

David Helfand, president and CEO of Equity Commonwealth (NYSE: EQC), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Based in Chicago, Equity Commonwealth owns commercial office properties throughout the United States and Australia. In May 2014, a new board of trustees and management team were appointed to lead the company, formerly known as CommonWealth REIT. Equity International Chairman Sam Zell serves as chairman of Equity Commonwealth’s board.

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