REIT’s catch a break

By Alex Frangos From The Wall Street Journal Online When the music stopped in the residential-real-estate market, speculators who got caught with unsold houses and condos began putting them on the market as rentals. This "shadow market" has made investors jittery about price-destroying competition for the real-estate investment trusts that own big apartment complexes. [read … Continue reading “REIT’s catch a break”

By Alex Frangos

From The Wall Street Journal Online

When the music stopped in the residential-real-estate market,
speculators who got caught with unsold houses and condos began putting them on
the market as rentals. This "shadow market" has made investors jittery about
price-destroying competition for the real-estate investment trusts that own big
apartment complexes. [read more here]


Author: Mike Brewer

Out to put a dent in the multifamily universe. Love compelling conversation...