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Moody’s: Outlook for M-F REITs stable for now

Posted on 03 June 2009

From Commercialpropertynews.com: During the fourth quarter of 2008 and first quarter of 2009, the fundamentals of the apartment industry steadily eroded, and the forecast for rental demand remains uncertain. Still, the overall outlook for the multi-family REIT sector is stable, according to a report by Moody’s.

One factor buoying the sector are the remaining troubles in the single-family home market. For now, landlords face little pressure from households choosing homeownership…….Full Article: Source


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