Equity Residential is seeing fewer development opportunities, CEO David Neithercut said recently. N EW YORK CITY—Analysts at Barclays predict a more muted growth environment for multifamily REITs as the year progresses, especially in the second half. “While we remain constructive on apartment fundamentals, we think there is limited upside from here,” according to a Barclays report issue Friday. Analysts cite “the lukewarm market reception” to the recently announced results for the fourth quarter of 2015 and the REITs' full-year guidance for 2016.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

paulbubny

Just another ALM site