CHARLOTTTESVILLE, VA-By most measures, publicly-traded REITs aredoing well, two years past the financial crisis. The latest figuresprovided by industry association NAREIT, for example, show that USREITs nearly doubled their performance for the year to date endedMay 31, compared with the broader equity market. Additionally,they outpaced themarket in May and the preceding twelve months.

One of the sources of their strength is the ability to return,again and again, to the capital markets for funding. This year theyare hitting them at higher levels, compared to the same period lastyear, according to new figures from SNL Financial.Namely, year-to-date through June 10, REITs have raised $22.78billion, up from $18.38 billion raised during the same period lastyear.

Much of this year’s capital raising came from common equityofferings--specifically $11.57 billion. There was also $8.6 billionraised through senior debt offerings, $2.6 billion throughpreferred equity and $5.4 million through operating partnershipunits (OPU).

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.