The report points out that investors played a fairly substantial role in the housing recovery. The housing crisis pushed nearly 4 million foreclosures onto the open market, devastating home values. This and the coinciding financial crisis squashed homebuyers confidence and their ability to buy. At that time, real estate investors began buying up the foreclosures when few other people could enter the market. They bought up so many properties that they established single-family rentals as a $100 billion business. In fact, the report says that single-family rentals now outnumber apartment units.
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NorthWest Healthcare Properties Real Estate Investment Trust announces September distribution
6, 2013 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust ( NWH-UN.TO ) (the “REIT”) announced today that the Trustees of the REIT have declared a distribution of $0.06667 per unit for the month of September, 2013, representing $0.80 per unit on an annualized basis. The distribution will be payable on October 15, 2013 to unitholders of record as at September 30, 2013 . About NorthWest Healthcare Properties Real Estate Investment Trust NorthWest Healthcare Properties Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT holds a portfolio of 78 income-producing properties, with a focus on medical office buildings and healthcare real estate, comprising approximately 4.7 million square feet of gross leasable area located in British Columbia, Alberta, Manitoba, Ontario, Quebec, Nova Scotia and New Brunswick . This press release contains forward-looking statements which reflect the REIT’s current expectations regarding future events.
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