Real estate investment trusts (REITs) will help the commercial real estate market get back on track, one real estate expert said.
Bruce Schonbraun, of FTI Schonbraun McCann Group, said the public markets are the leading source of capital right now, and predicts the focus will shift to where the value is—REITs, which are well-capitalized, low-leveraged companies.
Schonbraun also predicts REITS will invest in a diverse array of property types this year including student housing, healthcare facilities, self-storage and multi-family properties. This will lead to more transactions.
Source: GlobeSt.com, REITs Will Lead the Way in 2010