Fitch Ratings Sees Decline for Real Estate Investment Trusts

While real estate investment trusts (REITS) have strengthened their credit profiles in the last few years, Fitch Ratings is anticipating a decline in their positive rating for 2014.  According to Fitch, the upgrade/downgrade ratio for U.S. REITS has remained at 10:1 since 2011 and that most have now completed their deleveraging techniques.  As a result, representatives for Fitch expressed that “credit metrics may soon reach an inflection point.”  For full details on the projected analysis, please visit the Appraisal Institute.