Residential REITs

Residential REITs own and manage various forms of residences and rent space in those properties to tenants. Residential REITs include REITs that specialize in apartment buildings, student housing, manufactured homes and single-family homes. Within those market segments, some residential REITs also focus on specific geographical markets or classes of properties.

  • Overview
    12/31/2019, FTSE
    • Number of REITs
      21
    • Total Market Cap ($M)
      $188,672
    • Dividend Yield
      2.64%
    • YTD Total Return
      30.89%
    • December Total Return
      -3.37%
    • 2019 Total Return
      30.89%
  • Quarterly Data
    • Q3 2019
      2018
    • FFO ($M)
      Q3 2019: $2,104
      2018: $7,555
    • NOI ($M)
      Q3 2019: $3,004
      2018: $11,387
    • Dividends paid ($M)
      Q3 2019: $1,359
      2018: $5,250
    • SS NOI
      Q3 2019: 3.80%
      2018:

Residential REITs

 

News about this sector

  • Nareit Video
    1/17/2020

    Independence Realty Trust’s Value-Add Initiative Generating Substantial Returns

    CEO Scott Schaeffer said the REIT is investing $11,000 per unit, resulting in 16% to 18% returns.
  • Nareit Video
    1/7/2020

    Invitation Homes Sees Growth Potential for REITs Among American Renters

    CEO Dallas Tanner says REITs only represents 2% of today’s 16 million single-family home renters.
  • Nareit Video
    12/20/2019

    Seritage Making “Significant Progress” on Diversifying Non-Sears Rental Income

    CEO Benjamin Schall says REIT “making good inroads” into mixed-use arena.

     

     

  • Nareit Video
    12/20/2019

    Manufactured Homes are the Solution to Affordable Housing, UMH Properties CEO Says

    Sam Landy says manufactured homes cost up to 50% less than conventional ones.

  • Nareit Video
    12/20/2019

    WashREIT Eyes Value Creation Opportunities in Targeted Multifamily Focus

    CEO Paul McDermott sees multifamily demographics supporting income outlook.