The Fed may be done with rate hikes in this cycle, meaning interest rates could soon begin to retreat. Should REIT investors rejoice? Not so fast.
- Investors should not expect the end of Fed rate hikes to boost REITs.
- Though falling interest rates can bolster REIT returns, the broader economic environment is much more important, and the outlook is not favorable.
- The full impact of the coming downturn on operating performance is not yet fully baked into REIT prices.
- Time to start looking for countercyclical REIT plays.
My analysis and views on Seeking Alpha.
Posted: by Andrew J. Nelson
