|Last Price$36.75||Day Change (%)-0.05%|
|Open Price$36.70||Day Change ($)-0.02|
|Day Range36.53–36.96||52-Week Range31.63–37.20|
As of Fri 12/19/2014 07:13 PM EST | USD
Tanger Finalizes Date for Senior Notes Redemption
Rising interest rates can be a valuation headwind for the REIT sector, but some REITs are better positioned than others, says Morningstar's Todd Lukasik.
Our favorites can do well even with potentially higher interest rates.
Though many long for faster economic growth, the current environment has actually been very good for landlords--but higher rates could still sting.
REIT prices reset with rising interest rates.
The macro environment remains favorable toward REITs, but valuations generally appear stretched.