Iman Brivanlou, managing director of Income Equities at TCW, has gone over the data. If the last 20 years are any indication, the REIT market will continue to perform, despite increasing interest rates. But, experts do have some concerns that could derail REIT growth. Iman Brivanlou, managing director of Income Equities at TCW, says that runway inflation and a policy error are among is top concerns.

"A policy error would torpedo the REIT space, as it would most assets, but to some extent REITs are more exposed to that because they rely so heavily on the financial markets. That would be a problem," Brivanlou tells GlobeSt.com.

Runaway inflation is also a concern. "I think the risk of that is low because it seems like the Fed is really on the job this time. Should they back off or should the NASDAQ fall another 15% and you start to get more dovish tones and inflation is not coming naturally under control, I think those things could result in higher than desired 10-Year Treasury.

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.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.