REIT Values Tumble As Investors Fear Real Estate Fallout From Bank Failures The extent of the contagion of the second- and third-largest bank failures in U.S. history over the past week is still unknown, but the values of publicly traded real estate owners have already been infected. 
The FTSE NAREIT Equity Index, which tracks all U.S. equity REITs, has dropped about 4.6% over the last five days, outpacing the S&P 500's 3% dip over the same period. Investors have had their confidence particularly shaken in office REITs — the FTSE NAREIT Equity Office index dropped more than 12.5%…  Read the full story here. | | |
