Capital Markets & the Modern REIT Era

Summer 1999, Vol 24, No 2

Abstract: Real estate capital markets have undergone fundamental change in the 1990s. This manuscript provides a perspective on the capital market’s impact on REITs, including recent developments and the likely future of the industry. The author predicts that the successful REITs of the future will be those that develop flexible and coherent strategies to address the challenges presented by shifting markets.