Moody’s Analyst Says REIT Credit Profiles Stable

Merrie Frankel, vice president and senior credit officer at Moody’s Investors Service, joined REIT.com for a video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.

Frankel discussed the outlook for REITs raising capital through unsecured debt. She noted that as of mid-November, REITs had issued $ 28 billion of unsecured debt, compared with about $ 31 billion for all of 2014.

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Moody’s Analyst Says REITs Using Unsecured Debt to Refinance Portfolios

Merrie Frankel, vice president and senior credit officer at Moody’s Investors Service, joined REIT.com for a video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.

Frankel offered insights into the increasing number of REITs that are obtaining investment-grade credit ratings. She emphasized that liquidity in the market is an important factor.

“It’s access to the public debt market. It’s the ability to finance your assets, your growth, your company with the best instrument at the best spreads,” she said.

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