More stories about REITs

  • Amid Increasing Transaction Intensity, REITs Continue to Add Units

    With New York-based commercial real estate research firm Real Capital Analytics saying the apartment industry’s transaction pace in the multifamily has increased for the fifth consecutive month, REITs continue to add assets.

  • MFE Pop Quiz: Mid-America Chief Eric Bolton Tackles Acquisitions, Development, and Market Perception

    A lot of apartment REITs have been active over the past few months. Few have been as aggressive as Memphis-based Mid-America Apartment Communities. In August and September, the company announced five acquisitions. Mid-America CEO Eric Bolton took some time to chat with Multifamily Executive senior...

  • Unemployment Could Thwart the Recovery

    Unemployment Could Thwart the Recovery

  • UDR Closes $455.1 Million in Acquisitions, Prices Stock Offering

    Highlands Ranch, Colo.-based UDR is offering 16 million shares of its common stock priced at $20.35 per share to generate proceeds of approximately $312.1 million (and possibly up to $359.0 million), the multifamily REIT announced today. Proceeds from the sale will be used to pay down debt as well...

  • ATMs Give REITs More Dry Powder

    When anyone talks about the groups with the best arsenal for buying and development, REITs usually. And, one of the ways they’ve recently been able to generate the dry powder for these have been ATM’s, or at the market stock offerings.

  • REITs Score in Second Quarter, But Clouds Remain

    The apartment REITs hit full recovery mode as net operating income rose from -2.2 percent to 2.8 percent and revenues rose from -0.2 percent to 0.7 percent across REIT land in the quarter, according to Keefe, Bruyette & Woods, an investment banking and security brokerage firm based in New York.

  • Analysts Expect Strong Second Quarters

    Most apartment analysts expected the optimism that reigned in June’s NAREIT conference to continue into the second quarter reports and conference calls. So far, they’ve been proven correct.

  • Unbundling Helps Landlords Push Rents

    Some of the biggest names in the apartment industry reported significant improvement in their occupancies in rents in the first half of 2010. And in April, May, and June, things have gotten even better. But the growth isn't being driven by job growth. A new phenomenon of unbundling looks to be...

  • Smaller REITs See Transactions Pick Up

    Earlier this year, it was companies like Chicago-based Equity Residential, Palo Alto, Calif.-based Essex Properties Trust, and Alexandria, Va.-based AvalonBay Communities that were announcing the larger transactions. Though their smaller REIT brethren were active making some deals, it seems that...

  • REITs Make Their Case

    In an election year, the REITs had a simple message for the more then 1,000 investors gathered at NAREIT’s REIT Investor Week in Chicago: Vote for us.