How Real Is the Rally In Real Estate Bonds?

摘要

A slew of financial heavy hitters, including Starwood Capital's Barry Sternlicht, Colony Capital's Thomas Barrack Jr., and Apollo Global Management's Leon Black, are piling into the distressed-mortgage market They and other savvy real estate investors have been setting up real estate investment trusts to raise funds to buy mortgages and mortgage -backed securities. But is the timine rieht for these REITs ?