Most of the major real estate investment trusts (REITs) closed in the red Wednesday as the Federal Open Market Committee minutes became available. The hawkish tone of those minutes apparently makes it tough on dividend payers like REITs. The Real Estate Select SPDR FUND (XLRE) ETF ended off by 0.07%:
Invesco Stock Plummets 5% Amid Yield Curve Inversion: Can The Company Stay Afloat During A Recession?
Yesterday, 5:26 PM
Following the treasury bond yield curve inversion on July 5, Invesco Mortgage Capital Inc (NYSE: IVR) stock took a massive hit.
July 1, 11:02 AM
Record-high inflation is having a traumatic impact on the U.S. economy and small business owners, with two new surveys charting the depth and scope of how the unwelcome new normal has disrupted operations.
June 29, 5:37 PM
Real estate investment trusts traded generally lower Wednesday with the benchmark Real Estate Select Sector SPDR Fund (NYSEArca: XLRE) giving back 0.63%:
June 27, 5:22 PM
The real estate investment trust benchmark ETF, the Real Estate Select Sector SPDR, ended the day down just a little, but some REITS had a very good day. Independence Realty Trust Inc (NYSE: IRT) gained by 2.65%, leading the sector with that substantial percentage move:
June 27, 1:07 PM
The real estate investment platform Fundrise announced that it recently acquired 146 rental homes in the Treeline Trails community of Jacksonville, Florida.
June 27, 9:12 AM
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 85 years ago, President Franklin D. Roosevelt enacted the National Housing Act of 1934.
June 24, 5:27 PM
Most REITs got back on track this week with good upside movement as the stock market took on a more bullish tone in general. There were some real estate investment trusts that really came back with Friday gains that easily outdistanced others in the sector.
June 24, 4:27 PM
MILL VALLEY, Calif.--(BUSINESS WIRE)-- Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail