Registrations for mortgage REIT IPOs piling up

08/11/2009 | GlobeSt.com

If most of the IPO registrations being filed with the Securities and Exchange Commission make it to the market, the already active fundraising by public REITs could dramatically accelerate. A significant number of these new IPO backers want to invest in debt. "Right now, we're seeing a raft of registrations for mortgage REITs," said Howard Roth of Ernst & Young. "This is clearly a trend right now."

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