InvenTrust Focusing on Retail and Student Housing Real Estate

May 14, 2015 · reit.com

With a new name and a pared-down portfolio, InvenTrust Properties Corp. plans to continue to shed assets as it narrows its focus down to its two primary sectors of open air retail and student housing real estate.

InvenTrust announced in April that it was changing its name from Inland American Real Estate Trust, Inc., after becoming self-managed in 2014. The name change also followed the spin-off of its Xenia Hotels & Resorts, Inc. (NYSE: XHR) lodging platform in February.

Congress Progressing Toward Cybersecurity Enhancements

May 05, 2015 · reit.com

As businesses search for ways to better protect their information from online threats, the House of Representatives has passed two cybersecurity bills aimed at bolstering the sharing of information between the public and private sector.

On April 22, the House passed a bill that would encourage businesses and the federal government to share information on known cyber threats, the Protecting Cyber Networks Act (H.R. 1560), by a 307-116 margin.

REIT Returns Slide in April

May 04, 2015 · reit.com

REIT returns lost ground in April as broader macroeconomic factors  exerted pressure throughout the sector.

The total returns of the FTSE/NAREIT All REIT Index slipped 4.7 percent in April, while the S&P 500 Index gained 1.0 percent. The yield on the 10-year Treasury note rose 0.1 percent for the month.

Jeffrey Langbaum, senior REIT analyst at Bloomberg Intelligence, said negative economic indicators released in April, including weaker-than-expected first quarter gross domestic product, caused a pullback in REIT share prices.