Adornato more comfortable with REIT valuations

06/20/2013 | REIT.com

Paul Adornato, managing director with BMO Capital Markets, has become more comfortable with REIT valuations since the recent market correction. "We were becoming concerned that REIT stock prices were getting ahead of fundamentals. Then, in the last few weeks, of course, the REIT stock prices have corrected, taking a little bit of the heat out of the REIT market," he says.

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