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Feb. 6, 2014

Real estate investment trust IPOs pick up the pace

Last year saw a flurry of activity among real estate investment trusts as REITs took full advantage of low home prices, continued optimism in the housing market and frothy public capital markets.


By Andrew McIntyre


Daily Journal Staff Writer


Last year saw a flurry of activity among real estate investment trusts as REITs took full advantage of low home prices, continued optimism in the housing market and frothy public capital markets.


Even as home prices had already rebounded somewhat from the bottom of the recession, REITs in 2013 snatched up properties at dizzying paces, playing the role of landlords and creating a class of so-called...

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