The Real Deal New York

Treasurys get buried

With yields dropping to record lows, real estate investment pulls ahead
By Dan Weil | January 19, 2012 10:30AM

From the January issue: Historically, institutional investors looking to park their cash in real estate have compared brick-and-mortar investments to Treasury notes before getting out their checkbooks.

The thinking went that investors concerned principally with safety would choose Treasurys, while those more interested in high returns would go with real estate. But now, with Treasury yields near record lows, many are fleeing that traditionally safer investment and opting for real estate, where they can get relatively higher returns. [more]