The three here are Alexandria Real Estate Equities (NYSE: ARE), American Tower (NYSE: AMT), and Realty Income (NYSE: O). That cash flow makes them ideal for the real estate and income portion of a balanced portfolio. But that same cash flow can make them especially vulnerable to rising interest rates, since REITs have to largely borrow instead of using retained cash to finance activities like acquisition and redevelopment.
Realty Income Corp. (O) closed the most recent trading day at $49.66, moving -1.19% from the previous trading session.
Net lease REIT W.P. Carey is changing its business in a dramatic fashion. Here's what that may mean for investors.