REITs control 15% of US real estate.NAREIT SVP Brad Case tells us they want more.Although most people think growth comes from IPOs, he says most expansion will be through acquisitions by existing firms. A huge opportunity: As 10-year funds shut down and sell off their portfolios, REITs will be well-positioned to buy them. And since most other groups don't have access to capital, limited competition means they'll get good prices. What's limiting IPOs? Although everyone would love to be a REIT, most private funds don't have the capital structure to pull one off.
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