Health REITs Rule in Capital Raises

NEW YORK CITY-It was an active year for REIT capital raises, owing in large part to the historically low interest-rate environment and given the continuation of that happy scenario, at least for the foreseeable future, the trend is sure to continue into 2013. And don’t be surprised to see more IPOs coming.

SNL Financial has revealed its list of top REIT performers for the year, and healthcare REITs clearly dominate the Top Five. In fact, Number One, with $5.6 billion in common, preferred and senior debt raised, was Healthcare REIT. HCP came in third, having collected nearly $3.3 billion in common and senior offerings; and Ventas, in the Fifth Spot, garnered $2.7 billion, again in common and preferred.