REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
Joe Downey, EVP and global client advocate at Willis, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
Willis is a leading global risk advisor, insurance and reinsurance broker.
Downey observed that the property insurance market is a particularly low-priced environment at this time.
John Divers, the chief operating officer and chief financial officer at The Community Development Trust, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
Health care REITs will continue to actively pursue senior housing assets in 2015, spurred on by low interest rates, attractive financing, solid returns and robust demand, according to market observers.
In the latest edition of Quick Study, Brad Case, NAREIT’s senior vice president for research and industry information, highlighted a “very strong month for REIT investors” to start 2015.
The FTSE NAREIT All REITs Index climbed 5.6 percent in the first month of the year, while the S&P 500 fell 3 percent during the same period. Case noted those returns were in line with longer-term trends.
In the latest edition of Fundamentally Speaking, Calvin Schnure, NAREIT’s senior vice president for research and industry information, said economic developments haven’t hampered the strength of the multifamily real estate market.
Concerns about new multifamily supply and a possible shift to home buying have not materialized, Schnure noted.
REITs started 2015 on solid ground, as continued low interest rates and promising fundamentals helped the sector outperform the broader market in January.
The FTSE NAREIT All REITs Index had a total return of 5.6 percent last month, while the return on the S&P 500 Index fell 3.0 percent.
Anthony Paolone, senior analyst at JP Morgan, noted that the broader market was impacted by jitters concerning oil prices, the dollar and Europe’s economy. Meanwhile, the yield on the 10-year Treasury note fell 0.5 percent in January.
Mark Decker Sr., vice chairman with BMO Capital Markets, joined REIT.com for a video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
Decker rebuffed the suggestion that the U.S. REIT market is approaching the upper limit of its growth. The universe of REITs in the United States will continue to expand as more sectors are added, according to Decker. He pointed to sectors such as data centers and farmland as examples of how the REIT approach to real estate investment will continue to grow.
The commercial mortgage backed securities (CMBS) market is expected to end 2014 on solid footing, with loan delinquency rates falling and new issuance likely to surpass last year’s level, according to market observers.
The CMBS delinquency rate fell to 5.8 percent in November, its lowest level in five years, Trepp, LLC reported. As of Dec. 1, delinquencies have fallen 163 basis points, down from 7.4 percent in December 2013, according to Trepp.
Jeff Horowitz, global head of real estate, gaming and lodging at Bank of America Merrill Lynch, joined REIT.com for a video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
Horowitz gave an overview of REIT capital market activity in 2014. According to Horowitz, REITs have raised about $ 55 billion this year, comprised of $ 25 billion in equity, $ 2 billion in preferred stock and the remainder in unsecured debt.
