Results also indicated that one equity REIT
took place with a volume of 5,000 worth BD 475 representing 0.19% of the total value of securities traded.
Results also indicated that two equity REIT
took place with a volume of 10,000 worth BD 950 representing 0.20% of the total value of securities traded.
The infrastructure sector, whose largest companies are cell phone tower REITs, led the equity REIT
market's performance with a 35.4% total return for the year.
is a public equity REIT
that owns and operates 100 manufactured home communities containing approximately 18,000 developed home sites.
The CMA Law only contemplates one type of REIT, which is the equity REIT
Although there has been broad market acceptance for US equity REIT
common equity issuances during 2009, the equity market's willingness to continue to participate in the deleveraging process for REITs is uncertain.
Many real estate limited partnerships offer investors a pooled real estate investment similar to an equity REIT
. However, similar to direct real estate investments, real estate limited partnerships (other than those taxed as corporations) have the flow-through characteristic that is lacking in a REIT.
The equity REIT
index, which includes industrial/office, residential, retail, diversified, lodging, health care, self storage and specialty, recorded a 3.47 percent return for the period.
Given the ongoing changes in the REIT industry, we have analyzed the return behavior of the equity REIT
, mortgage REIT, and S&P 500 indices using monthly data for the period of 19722001, to see if previously identified return patterns still hold for REITs relative to stocks.
On a 1-year basis, the NAREIT equity REIT
index had a 29.9% return com pared with an 11.5% return for the S&P 500 index.
Another drawback: With banks and insurance companies still tightfisted on real estate lending, particularly for commercial and multifamily residential properties, the equity REIT
has become a lender of last resort.
The analyst cited his view that lodging stocks will find it difficult to outperform the broader equity REIT
market in the face of a slowing economic environment, Hersha's outsized financial leverage vis-a-vis peers, and his belief Hersha's geographic exposure will not allow the company to deliver leading growth in a challenging environment.