Top New York Stories
Debt Issued by REITs Plummets in Second Quarter
By John HoweNEW YORK CITY-Despite a decline of more than $3 billion in 2Q compared to the first quarter, nearly twice as many non-hotel trusts issued debt or preferred stock during the first six months of 2001 as did last year. Going forward, mergers and acquisition activity is expected to pick up.
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