REITs increasingly have turned to at-the-market offerings, or ATMs, for fundraising, with one example being Capstead Mortgage. REITs have been the largest group to tap ATMs in 2011, according to Dealogic, accounting for 82% of the total amount registered by ATMs. For the same periods in 2010 and 2009, REITs accounted for 11% and 9% of the total, respectively.

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