FTSE NAREIT All REITs Index Up 0.6% in August

September 01, 2017 · reit.com
FTSE NAREIT All REITs Index Up 0.6% in August

REIT returns were flat in August, as investors adopted a hesitant stance amid broader macroeconomic uncertainty, according to market observers. 

“August was a desultory month for investors in listed U.S. REITs and most other assets,” said Brad Case, NAREIT senior vice president for research and industry information.  

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.”