Although rising interest rates have had a limited impact on the commercial real estate market overall, one casualty of the increases has been publicly traded REITs. A recent report from SNL Financial, a Charlottesville, Va.-based research firm, states that the firm’s U.S. REIT Equity Index fell for three consecutive quarters in 2013, with the largest decline coming in the third quarter at 3.3 percent. That is in spite of the fact that in many cases the REITs posted solid operating ...

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