REITs advance in February; multifamily bolstered by strong demand

03/13/2014 |

REITs outperformed the S&P 500 in February while also highlighting the ongoing strength of the multifamily sector. NAREIT's Calvin Schnure, vice president of research, says that demand for apartment living is strong and underestimated. "There is a demographic need for rental housing that is continuing to hold this sector together," he said.

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