The specialized lenders known as mortgage real estate investment trusts have a prominent spot on the injured list of players in commercial real estate. Since rising rates started to weigh on real estate borrowers in early 2022, shares of two mortgage REITs— Starwood Property Trust and Blackstone Mortgage Trust —have fallen 15% and 35%, respectively.
Published: Feb. 29, 2024 at 5:23 p.m. ET Shares of Federal Realty Investment Trust FRT rose 2.21% to $100.85 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.52% to 5,096.27 and the Dow Jones Industrial Average DJIA rising 0.12% to 38,996.39.
Published: Dec. 21, 2023 at 5:23 p.m. ET Shares of Federal Realty Investment Trust FRT rallied 1.17% to $104.45 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.03% to 4,746.75 and the Dow Jones Industrial Average DJIA rising 0.87% to 37,404.35.