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.
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