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REIT Rally Turned to a Rout, as the 'Bottom' Dropped Out
Wall Street Journal Real-estate investment trusts staged a big rally at the end of 2008, rising more than 40% in the last six weeks of the year. That partly reversed a 60% plunge and signaled to some optimistic investors that the worst was over for real estate. … 10-K: HINES REAL ESTATE INVESTMENT TRUST INC 10-K: LIGHTSTONE VALUE PLUS REAL ESTATE INVESTMENT TRUST, INC. 10-K: INLAND WESTERN RETAIL REAL ESTATE TRUST INC |
