Search
 

REIT Specialties on the Rise

NEW YORK CITY-CBS turning billboards into trusts is only the most recent example. And there's more coming. (Part 1. Come back this afternoon to find out why investors are hot for the sector.)

By John Salustri | Updated on January 17, 2013

(This is the first of a two-part story. Come back to GlobeSt.com this afternoon to find out what attracts investors to the specialty sector.)

NEW YORK CITY-Used to be that specialty REITs were a rare commodity, a prison REIT here, a senior REIT there (this was also way before seniors housing emerged from its niche status). Thursday’s news that CBS is “unlocking the value” of its outdoor real estate (read billboards) by turning the portfolio into a REIT is only the latest example of how specialty REITs have become a trend that is sweeping the nation.

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

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

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.

Recommended Stories

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.