Hints and tips:
...Brad Hyler, who manages the Canadian private equity fund’s $52bn property portfolio in the UK and on the continent, said property investors had been caught cold by the rapid deterioration in the economic...
...Brad Case, chief economist at Nareit, an industry association....
...But Brad Case, senior vice-president of research and industry information at Nareit, a Reit industry association, said interest rate increases stemming from a stronger global economy should be seen as positive...
...In contrast, Reits are very sensitive to rising longer term interest rates and the gap between the 10-year yield and the real estate sector’s dividend yield has shrunk....
...Moreover, low rates made it cheaper for Reits to finance their projects....
...“Investors have got so focused on the Federal Reserve and central bank action, but there are other issues out there as well,” says Brad Sorensen, managing director of market and sector research at Schwab...
...While not all very wealthy investors clamour for yield, low rates certainly have driven “mom and pop” investors to chase it, with some pulling out of traditional equity markets at the wrong time, says Brad...
...Brad Golding, managing director at Christofferson, Robb & Co, an investment fund, says: “I think mortgage Reits have glossed over the risks....
...“People have been playing with fire,” said Brad Golding, managing director at Christofferson, Robb & Co, an investment fund....
...Tim Duy, professor of practice at the department of economics at the University of Oregon, is confusing Brad DeLong, professor of economics at Berkeley, with his observation that the Fed seems to be striving...
...“There are a lot of loans on the books of Freddie and Fannie that are going to have to go somewhere, and right now they are going to Reits,” said Brad Case, senior vice-president of research at the National...
...Reits have attracted flows from yield-seeking investors because they are required to pay out any profits in dividends....
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