Three New REITs Prep for Public Launches

Last month’s rapid pace of new publicly traded REIT launches is continuing this month with two new mortgage REIT filings and a publicly held landowner/developer announcing plans to convert to a REIT. Publicly traded REITs have relied heavily on the capital markets this year for funding, having raised $43.18 billion by the end of the second quarter, representing a 19.1% increase from the $36.27 billion raised in the same period one year ago, according…

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