Walter: Economy is a wild card for REITs

11/21/2013 |

How the economy will perform over the next couple of years is a wild card for the REIT industry, said Ed Walter, president and CEO of Host Hotels & Resorts and chairman of NAREIT, at REITWorld 2013: NAREIT’s Annual Convention for All Things REIT. "If we can finally get one of these years where GDP growth starts to exceed by a reasonable margin 3 percent, I think there’s a chance to see some accelerated growth in many of our sectors," he said.

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