2022 Multifamily REIT Results

S&P’s latest report on the sector’s performance.

US Equity REIT Average 2022 Q3 AFFO Payout Ratio Estimate

Data as of October 7, 2022
Source: S&P Global Market Intelligence

The multifamily REIT sector had a 69.9 percent average AFFO payout ratio estimate as of October 7, 2022.

Among the multifamily REITs, Washington Real Estate Investment Trust was on top of the list with a 91.1 percent AFFO payout ratio estimate. Following next was Apartment Income REIT Corp. with a 86.7 percent payout ratio estimate.

NexPoint Residential Trust, Inc. was at the bottom of the list with a 48.2 percent payout ratio estimate for 2022Q3.

Iman Niazi is an Associate in the Real Estate Client Operations Department of S&P Global Market Intelligence

If you are interested to learn more about the products and services available within S&P Global Real Estate data, please visit us here: https://www.spglobal.com/marketintelligence/en/campaigns/real-estate

—Posted on Oct. 25, 2022


US Equity REIT Average 2021 Q4 AFFO Payout Ratio Estimate

Data as of May 5, 2022
Source: S&P Global Market Intelligence

As of May 5, publicly traded U.S. equity REITs had an average 2021Q4 AFFO payout ratio estimate of 73.6 percent.

Among the sectors displayed in the chart, health care REITs had the highest average AFFO payout ratio estimate for the first quarter of 2022, at 84.4 percent. The multifamily and manufactured home sectors followed at 75.2 percent and 74.8 percent, respectively.

On the other end of the spectrum, self storage REITs had a 73.9 percent average AFFO payout ratio estimate for the first quarter of 2022.

Among the multifamily REITs, Washington Real Estate Investment Trust was on top of the list with a 96.6 percent AFFO payout ratio estimate. Following next was Bluerock Residential Growth REIT Inc., with a 90.6 percent payout ratio estimate. Independence Realty Trust Inc. was at the bottom of the list with a 54.5 percent payout ratio estimate for 2021Q4.

Anthony Collins is an Associate in the Real Estate Client Operations Department of S&P Global Market Intelligence

If you are interested to learn more about the products and services available within S&P Global Real Estate data, please visit us here: https://www.spglobal.com/marketintelligence/en/campaigns/real-estate

You May Also Like