Hot Investment Areas For REITs

Law360, New York (February 1, 2013, 11:02 AM EST) -- In recent years, there has been a steady evolution of real estate investment trusts (REITs) and an increase in entities that have announced their intent to convert to REIT status, as well as an expansion of asset categories that they hold and the corresponding income sources (e.g., cell phone towers, billboards, prisons, etc.). This progression likely will continue in the future, and new areas to watch include renewable energy assets (e.g., wind and solar projects) and, in the mortgage REIT sector, excess mortgage servicing rights....
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