MFA Financial Co-CEO William Gorin Dies at Age 59

August 14, 2017 · reit.com

MFA Financial, Inc. (NYSE: MFA) board member and co-CEO William Gorin has died at the age of 59, the company announced Aug. 11.

Gorin joined MFA in 1997 and was named CEO in January 2014. Before becoming CEO, Gorin served as president from 2008 to 2013. From 1997 to 2008, Gorin was executive vice president, and from 2001 to September 2010 he served as CFO. In addition, Gorin was treasurer and secretary at MFA.

Gorin also served as chair of NAREIT’s Mortgage REIT Council.

Single-Family Rental REITs Invitation Homes, Starwood Waypoint to Merge

August 10, 2017 · reit.com
Single-Family Rental REITs Invitation Homes, Starwood Waypoint to Merge

Invitation Homes(NYSE: INVH) said Aug. 10 that it will combine with Starwood Waypoint Homes(NYSE: SFR) in an all-stock deal described by the two single-family rental housing REITs as a “merger of equals.”

REIT Returns Modestly Higher in July

August 01, 2017 · reit.com
REIT Returns Modestly Higher in July

REIT returns were modestly higher in July, although certain property segments continue to post outsized gains.

The total returns of the FTSE NAREIT All REITs Index rose 1.2 percent in July, while the S&P 500 posted a total return of 2.1 percent. For the first seven months of 2017, total returns of the FTSE NAREIT All REITs Index gained 6.7 percent, while the S&P 500 returned 11.6 percent.