search

The Real Deal Logo

Trending

Glossier founder buyer of $22M Brooklyn townhouseGlossier founder buyer of $22M Brooklyn townhouse“I wouldn’t use it, I would just lock the door”: Landlords pan new rehab law“I wouldn’t use it, I would just lock the door”: Landlords pan new rehab lawHistoric townhouse set for second highest Brooklyn saleHistoric townhouse set for second highest Brooklyn saleHousing deal finally passes; here are the detailsHousing deal finally passes; here are the details
South Florida

REITs on verge of bouncing back, Leupp says

Sign Up for the undefined Newsletter

Despite the negative outlook for the real estate market, there are still options for investors interested in real estate, according to Fortune Magazine. Bank stocks are not a good bet because major banks still have significant amounts of money in real estate loans and commercial mortgage-backed securities. But the ProShares UltraShort Real Estate exchange traded fund hit a closing high of $259.36 in November. Several real estate investment trusts, such as Alexandria Real Estate Equities, are also on the verge of bouncing back, said Jay Leupp, senior portfolio manager of the Grubb & Ellis AGA Realty Income Fund.

Tags
Real Estate InvestmentREITS