Real Estate Finance

Highlights

• 22 Apr 2013
  • US REITs: multifamily sector set to cool
    Our rating outlook for the multifamily sector remains stable, and our outlook for the multifamily sector's fundamentals remains positive, though further improvement in the sector will be more gradual. With forecasts for an increase in average same store net operating income down from last year, fundamentals are set to cool after two strong years... Full Report​​
• 18 Apr 2013
  • Stable outlook for US REITs
    Our overall outlook for REIT ratings is stable, as is our view for REITs operating in each of the major underlying property sectors. From a real estate fundamental perspective, each of our sectors has a stable outlook with the exception of multifamily, which remains positive. We do not expect a robust recovery given the uncertain macroeconomic environment... Full Report​​
• 4 Feb 2013
  • US OFFICE REITS: Stable Ratings Outlook for a Sector Poised for Growth
    Market fundamentals will strengthen in the second half, following resolution of the US debt ceiling, in which case leveraged acquisitions will be the biggest risk to balance sheets. Supply/demand dynamics are improving in some markets, particularly those driven by energy and technology. Core earnings for office REITs, particularly those in suburban markets, are likely to rise slightly as the REITs maintain their focus on bolstering occupancy rates... Full Report