The Best REIT Stock to Invest $500 In Right Now
Vici Properties is still an evergreen REIT.
Many real estate investment trusts (REITs) stumbled in 2022 and 2023 as interest rates rose. Higher rates made it more expensive for REITs to acquire more properties, generated tougher macro headwinds for their commercial tenants, and made their dividends less appealing than interest payments from risk-free T-bills and CDs.
But in 2024, many of those REITs bounced back as the Federal Reserve cut its benchmark rate three times. It's expected to cut its rates at least two times in 2025, so the highest-yielding REITs might keep drawing back income-oriented investors.
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