It’s not just borrowers who are benefiting from the Federal Reserve’s decision to hold off on interest rate hikes so far this year. Real estate investment trusts have seen their shares soar thanks to the Fed’s shift in tone. Real estate stocks on the S&P 500 have jumped 12 percent since the start of the year, after falling 5.6 percent in 2018, according to the Wall Street Journal. Last year’s rising rates cut into home […]
source https://therealdeal.com/chicago/2019/03/04/feds-vow-to-keep-rates-in-check-a-boon-for-reits/#new_tab
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