Multifamily, hotel REITs returning to growth cycle

09/10/2010 | MSNBC

Multifamily and hotel REITs are entering a growth cycle as fundamentals in their respective sectors continue to improve, according to Richard Anderson, managing director at BMO Capital Markets, and Rod Petrik, managing director at Stifel Nicolaus. Petrik says occupancy and room rates will continue to rise through 2012, giving such well-positioned REITs as LaSalle and Hersha Hospitality capital for acquisitions. The same dynamics are fueling growth in multifamily, Anderson adds.

View Full Article in:


Published in Brief: