As of November, the health-care sector led all publicly traded U.S. equity REIT sectors in terms of the last 12 months funds from operations multiple. The sector posted a 31.39x LTM FFO multiple, ...
When I think about REITs, I think about their asset-liability structure. With equity REITs, they own buildings where rents adjust annually, within limits. They borrow using mortgages with 10-year ...