02.06.2009 - Outlook for multifamily REITs stable for now
From Multihousingnews.com: Out of the nine multifamily REITs rated by Moody’s, eight have stable outlooks and one has a negative outlook (Colonial Properties Trust). Meanwhile, the outlook for the sector is stable, according to the company’s REIT Outlook 2009 report. During the fourth quarter of 2008 and firstSchreiber quarter of 2009, the fundamentals of the apartment industry have steadily eroded and the forecast for rental demand is more uncertain.........Full Article: Source
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