Future Outlook in Single-Family Residential Real Estate Investment Trusts
Description
This paper takes a critical look at single-family real estate investment trusts’ generative returns since the 2008 Housing Crisis. The research paper presents an overview of REITs legal qualifications, the 2008 Housing Crisis and how the crisis led to the advent of the single-family home REIT industry, a case study on a single-family home REIT, the current market sentiment, trends that are impacting the performance of publicly traded single-family home REITs, and future opportunity for maximizing returns in the sector. Home pricing discrepancies will arise from the lack of housing starts and increased demand for available homes, leading to diminished returns with pure acquisition strategies. After detailing accessible empirical data on the American single-family home industry, we seek to find alternatives for single-family home REITs to continue to post their prior yield to investors after the 2008 Housing Crisis. Strategies such as development and expansion into rural markets will be examined as potential growth opportunities for single-family REITs.
Date Created
The date the item was original created (prior to any relationship with the ASU Digital Repositories.)
2020-05
Agent
- Co-author: Kania, Adrian Janusz
- Co-author: Buyer, Jason
- Thesis director: Lawrence, Licon
- Committee member: Koblenz, Blair
- Contributor (ctb): Department of Finance
- Contributor (ctb): Department of Finance
- Contributor (ctb): Department of Management and Entrepreneurship
- Contributor (ctb): Barrett, The Honors College