Newsfeeds Archive - Spark Newswire

2 minute read

These 3 Mortgage REITs Slide To New 12-Month Lows

April 14, 11:15 AM

The real estate investment trust (REIT) group that has investors most concerned about the Federal Reserve’s higher interest rates is rate-sensitive mortgage REITs (mREITs). This week, these three mREITs showed how deeply those concerns are felt as sellers overwhelmed buyers and each dropped to new 52-week lows.

AAIC

2 minute read

Blackstone Mortgage Trust: Below Book Value And Paying Dividends

By John Navin

April 12, 11:51 AM

Don’t confuse the publicly traded Blackstone Mortgage Trust Inc. (NYSE: BXMT) with the non-publicly traded Blackstone Real Estate Income Trust Inc. (BREIT), the company’s mortgage REIT.

BXMT

2 minute read

These 3 REITs Trade Below Book Value And Pay Dividends

By John Navin

April 12, 11:42 AM

Although the real estate investment trust (REIT) sector has been suffering a steady downward trend for the last 12 to 18 months, it may be possible to identify bargains. By taking a value stock approach to REITs and identifying those with funds from operations (FFO) growth, trading below book value and paying dividends, the following three REITs seem to qualify.

2 minute read

The Only REIT Continuing To Hit New Highs: Getty Realty

By John Navin

April 4, 11:37 AM

As most other real estate investment trusts (REITs) are struggling or just barely bouncing off recent lows, Getty Realty Corp. (NYSE: GTY) keeps hitting new highs. This is impressive considering the emergence of a shaky banking industry and the negative effects higher interest rates have had on the sector.

GTY

2 minute read

NASDAQ-Traded REIT Loses 89% Of Value In 17 Months

By John Navin

March 31, 1:26 PM

Industrial Logistics Properties Trust (NASDAQ: ILPT) traded at $27 in October 2021 and now goes for $2.97 — one of the steepest declines among real estate investment trusts (REITs). The company is reeling from the effects of interest-rate hikes and a general drop in the value of real estate.

ILPT

2 minute read

RLJ Lodging Trust REIT Bounces Off Of New Low

By John Navin

March 31, 1:20 PM

If you purchased real estate investment trusts (REITs) 12 to 18 months ago when people were still talking about inflation being “transitory” and before the rate hikes began, it might have seemed like a good idea. But it’s unlikely you made any money if you’re still holding those investments.

RLJ

2 minute read

Medical Properties Trust REIT Loses More Than 50% Of Its Value In 9 Months

By John Navin

March 28, 12:33 PM

A major real estate investment trust (REIT) has lost more than half its value since its early August 2022 highs. Medical Properties Trust Inc. (NYSE: MPW) this week is making new 52-week lows as the months-long downward slide shows no sign of stopping.

MPW

2 minute read

3 Dividend-Paying REITs Trading Below Book Value

By John Navin

March 16, 9:23 AM

Trading below book value and paying a dividend are two key characteristics of a value stock, and these three real estate investment trusts (REITs) qualify: Dynex Capital Inc. (NYSE: DX), Hersha Hospitality Trust (NYSE: HT) and

2 minute read

REIT Benchmark ETFs Find Support As Regional Bank Stocks Dive

By John Navin

March 15, 9:04 AM

Real estate investment trusts (REITs) stopped heading lower Monday as indicated by the closing prices of the benchmark REIT exchange-traded funds (ETFs).

IYR

2 minute read

Service Properties Trust Hits Another 52-Week High

By John Navin

March 8, 12:35 PM

Service Properties Trust (NASDAQ: SVC) is among a handful of real estate investment trusts (REITs) making the list of stocks hitting new highs. Many REITs have rallied off of their October lows, but only a few have shown the kind of price strength recently seen in Service Properties Trust.