REITWorld Companies Show Cautious Stance
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The debt markets have broadly returned to normalcy, with a modest increase in total costs with the rise in benchmark interest rates, says Moore.
LAS VEGAS—The first day of two at the NAREIT Annual Convention known as REITWorld is now complete. And according to RBC Capital Markets LLC analyst Rich Moore, management teams are broadly upbeat about business prospects for the remainder of 2015 and have taken a cautious stance looking forward to 2016.
“The debt markets have broadly returned to normalcy, with a modest increase in total costs with the rise in benchmark interest rates,” he explains. “Equity markets are the most easily accessible by the highest-quality companies under current market conditions.”…
