REITs Continue To Clobber Q1 Estimates

For two years, Wall Street has dismissed real estate investment trusts (REITs), with the idea that REITs cannot flourish in an inflationary environment with higher interest rates over a longer time. But Wall Street may have gotten it wrong — first-quarter earnings reports for REITs continue coming in with an avalanche of estimate beats. In addition, the winners have been across several subsectors of the real estate universe, including residential, office, healthcare, mortgage, specialized and ho

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