Riding the Real Estate Investment Trust Roller Coaster
Gus Delaporte May 9, 2013, 9 a.m.
Should the Malkins list in the near future, they’ll be doing so as the market approaches the heights of last decade, when share prices for various REITs skyrocketed before a downfall in early 2009, when the market bottomed out. Of the REITs examined by The Commercial Observer, all experienced significant declines between 2008 and 2009, and all but one have failed to regain their former highs.
Below, a selection of some of the country’s largest REITs, including their respective gains, losses and recoveries, as well as their current share prices as of Monday’s close.