REITs have an advantage in the financial market among investors right now: Their favorable access to capital, points out Joseph Smith, managing director for ING Clarion Real Estate Securities. They should use it, he said, speaking at a panel session at REITWeek 2010. With banks still holding the reins on lending, REITs are favorably positioned over private real estate. They should also be viewed as a valued long-term play, added Joel Beam, portfolio manager for Forward Management.
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