Bisnow's Last Week REIT Breakdown

Photo: Agree Realty

Monday Opening: $38.78/share

Friday Close: $43.07/share

Change: 11%

Agree Realty reached a 52-week high—for the second week in a row. The climb comes after the retail REIT announced a 48-cent quarterly dividend per share.

Photo: Summit Hotels

Monday Opening: $11.40/share

Friday Close: $12.61/share

Change: 10.6%

Summit Hotels followed close behind Agree Realty last week, with most of its gain coming from a spike on Wednesday. The lodging REIT saw a boost as institutional investors have taken up more shares: 89 institutional investors have increased their holdings recently.

Photo: Bisnow

Monday Opening: $12.34/share

Friday Close: $13.64/share

Change: 10.5%

Preferred Apartment Communities also saw a double-digit percentage increase last week, with the majority of the spike coming on Tuesday. The multifamily REIT saw a 5% dividend boost to 20 cents a share.

Photo: Altisource

Monday Opening: $11.62/share

Friday Close: $10.93/share

Change: -5.9%

The biggest "loser" REIT for the week hit a low on Wednesday before seeing a slight rebound. The residential REIT has lost nearly 43% of its value over the past 12 months.

Photo: iStar

Monday Opening: $9.80/share

Friday Close: $9.24/share

Change: -5.7%

iStar saw a big drop on Tuesday, falling 5.9% in one day before seeing a slight recovery over the remainder of the week. Over the last year, the REIT has traded between $14.77/share and $7.59/share; its current levels are toward the lower end of that range.

Photo: Youtube

Monday Opening: $21.28/share

Friday Close: $20.22/share

Change: -4.9%

ARMOUR Residential rounds out our "losers" for the week, after being downgraded to "neutral" on May 4 by some analysts. Not surprisingly, the residential REIT hit its low of $19.65/share on Wednesday before its revival towards the end of the week.