The public companies were reaching limits of their ability to raise capital because they couldn't issue more stock without hurting current shareholders, Dave Bragg, a residential REIT analyst at Green Street Advisors in Newport Beach, California, said last month. (bloomberg.com)
«Don't just look at dividend, since ongoing cash flow of the REIT is really what's most important,» advised Jon Foshiem, principal at Green Street Advisors of Newport Beach, Calif., a REIT research firm. (articles.chicagotribune.com)
Real estate research firm Green Street Advisors said in a report that a more appropriate name is «HopeCo.» (articles.chicagotribune.com)