The multifamily and health care sectors of real estate investment trusts (REIT) are expected to perform slightly better than their other commercial real estate sector counterparts. But the overall outlook of REITs remains negative, according to Fitch Ratings’ REIT midyear outlook report. As foreclosures increase, so have the number of tenants out of necessity populating the country’s multifamily housing units, Fitch said. However, the report notes that many tenants are living with roommates to cut expenses, tempering apartment occupation rates.
