Fortunately, one soft market can't derail a well-diversified REIT, notes PaineWebber's Boston.
First Potomac Realty Trust (FPO) is a Maryland-based REIT engaged in the acquisition, development and management of industrial and office properties in the Washington, D.
This migration from a mall-based operator into a neighborhood center REIT was perhaps the most distinguishable initiative in which the REIT began to exploit its differentiated investment strategy of focusing on necessity retail properties.
Investors can nudge their portfolios closer to a market economic weighting in real estate by purchasing a low-cost equity REIT index fund or ETF.
This Escondido, California-based REIT has a remarkable record based upon decades of consistency, not just high-quality returns.
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Never mind that the Bloomberg REIT index yields a mere 4%, a discount of 0.6 percentage points to the ten-year Treasury note--and a most expressive contrast to the REIT's 8.1% yield in March 2000, which at the time was a two-point premium to the ten-year note.
Over five years Simon Property Group (nyse: SPG - news - people ), the largest mall REIT, has booked a respectable 7.5% average increase in earnings--in REIT parlance called "adjusted funds from operations, " or AFFO.
JCPenney is having one of its best days in quite a while as the stock price pops on new merchandise, the return of sales and a rumor of an REIT-like transformation.
This defensively-aligned REIT has maintained a remarkable track record of risk control and that skilled and sophisticated risk-management strategy has made Realty Income the mark of a superior dividend operation (Realty Income current dividend is 5.4%).
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Additionally, he is the Vice-Chairman of Two Harbors Investment Corporation, a NYSE-listed (TWO) residential mortgage REIT.
So becoming a REIT represents a win-win situation for both AMT and investors in the company.
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But as a practical matter, the widely-reported FFO figure is a good gauge of a REIT's financial health.
Realty Income Corp. (O) is a broad-based, conservatively operated REIT which owns approximately 2, 300 properties in 49 states, containing 19 million square feet of space.
Normally, I would suggest that any investor with the option should purchase a REIT in a tax-advantaged account, such as an IRA. In this case, if you think the chances of Power REIT being able to collect on the indebtedness are low, a taxable account would be most appropriate.
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Last November Kimco celebrated its 20th anniversary as a public company and since its founding in 1958, the retail REIT has evolved into a diversely risk-aligned investment platform.
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Virginia-based AvalonBay has outpaced the residential REIT sector by a wide margin in 2010, surging 23 percent year-to-date, compared with a 13 percent advance for the iShares FTSE NAREIT Residential Plus Capped Index Fund ETF.
Over five years Simon Property Group, the largest mall REIT, has booked a respectable 7.5% average increase in earnings--in REIT parlance called "adjusted funds from operations, " or AFFO.
But you can still get a sense of how cost-efficient your REIT is.
The top sales last week included Kramont Realty Trust (nyse: KRT - news - people ), a REIT that specializes in neighborhood shopping centers and strip malls on the East Coast.
With this in mind, let's have a closer look at Toledo-based Health Care REIT.
In addition, REIT shares, after a one-year hiatus, have again been outperforming the major stock indices on Wall Street.
Las Vegas Sands could double in value if it splits up into three different entities including REIT-like structures, a shareholder said on Monday.
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That makes them attractive to investors at a time of ultra-low interest rates, a trend that is not reversing and actually makes the REIT business itself a better proposition.
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While the write-off would make no difference to a tax-exempt investor, a taxable investor in the 30% tax bracket would get an after-tax income stream comparable to another REIT yielding 7.14%, a substantial difference.
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Lacking an official appraisal, you can try a kindred measure--the market capitalization of the REIT.
The last New York area publicly-listed company to list shares as a REIT was S.L. Green (SLG).
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Gurus also got into New York-based Lexington Corporate Properties Trust, a REIT which owns office, retail and industrial properties, and which recently agreed to acquire Newkirk Realty Trust .
Today, there are 25 countries around the world that have adopted the REIT (or REIT-like) structure as a tax-efficient way for small investors to achieve the many benefits of owning an indirect interest in high-quality, well-located and professionally-managed income-producing real estate.
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This year the Rockville, Maryland-based REIT celebrates its 50th year as a publicly traded shopping center REIT with an exceptional history of maintaining and increasing its dividend for a record of 45 straight years.
The Cleveland, Ohio-based REIT gets an F for performance and a C for value this year.
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