The Robbo Report

REITs At The Mercy Of Debt Markets ·

CoStar:  REITs have been disproportionately hit by the credit woes. Loans to finance leveraged buyouts stopped abruptly, removing a positive catalyst for the REIT market (REITs had been a prime target of private equity investors). In addition, the credit crunch increased the possibility of a U.S. economic recession, fueling worries over underlying fundamentals for real estate…

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S&P Cut Likely Won't Slow Mortgages Pittsburgh Residential Expected To Remain Stable