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Real Estate/Development

Nov. 2, 1999

Apartment REITs can handle more debt

Washington - Apartment real estate investment trusts have higher optimal debt levels (approximately 10 percent higher) than otherwise comparable non-apartment REITs because of unique financial advantages enjoyed by apartment firms, according to new research commissioned by the National Multi Housing Council and conducted by Professors Dennis Capozza of the University of Michigan and Paul Seguin of the University of Minnesota.

Washington - Apartment real estate investment trusts have higher optimal debt levels (approximately 10 percent higher) than otherwise comparable non-apartment REITs because of unique financial advantages enjoyed by apartment firms, according to new research commissioned by the National Multi Housing Council and conducted by Professors Dennis Capozza of the University of Michigan and Paul Seguin of the University of Minnesota.
The researchers analyzed data from two da...

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