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Rosen Predicts REIT Downturn


Kenneth Rosen is a very, very smart economist.

That's one reason his prediction about a REIT downturn is so alarming.

But given the strong third quarter results from regional mall REITs--a sector you'd think would be at risk, I'm not sure I see it.

REIT managers certainly aren't selling signals that they think things are going bad. That's at least how I read the fact that 50 REITs have instituted share buyback plans in recent months.

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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