2024 Multifamily REIT Results
October 29, 2024
S&P’s latest report on the sector’s performance.
The multifamily REIT sector had a 71.9 percent average AFFO payout ratio estimate as of October 11.
Among the multifamily REITs, Equity Residential was on top of the list with an 85 percent AFFO payout ratio estimate. Following next was Centerspace with a 78.8 percent payout ratio estimate.
Veris Residential Inc. was at the bottom of the list with a 53.6 percent payout ratio estimate for 2024Q3.
Iman Niazi is a Senior 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.
—Posted October 29, 2024