High-yielding mortgage REITs pile into U.S. IPO market

04/13/2011 | Wall Street Journal, The

After almost disappearing a few years ago, real estate investment trusts investing in mortgage-backed securities have made a comeback to become one of the hottest sectors in real estate. Seven of nine REITs working on initial public offerings this year are mortgage REITs, data provider Dealogic said. REIT deals already in the IPO pipeline hope to raise $2.6 billion.

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Wall Street Journal, The

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