Build vs Buy Becoming More of a Norm for REITs

Development pipelines for U.S. REITs have been on the rise following a quiet couple of years, according to Fitch Ratings in a new report. After remaining flat in 2010 and first quarter-2011, development pipelines have been on the rise the last four quarters. “Multifamily REITs a
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Big Bet On Bricks and Mortar: Westfield Deal Seen Raising Value of U.S. Mall REITs

The Westfield Group has formed a $ 4.8 billion joint venture on 12 regional shopping malls in the United States with the Canada Pension Plan Investment Board (CPPIB.) The deal is the largest real estate investment made by the institutional investor, and a big bet on the future health
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Non-Traded REITs Raising Red Flags in the Industry

Given the risks, the recent regulatory crackdowns on this investment and new efforts by lawyers to target them, non-traded REITs are raising red flags in the industry. National Real Estate Investor
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Real Money: Lenders Letting REITs Play the Accordion

Equity One Inc. in North Miami Beach closed a $ 575 million unsecured revolving credit facility that replaces its existing $ 400 million facility. The new facility, which has a 4-year term with a 1-year extension option, can be upsized to $ 800 million through an accordion feature. Bo
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