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Article: Real estate funds fare very well.(Business)

Article from:
Albany Times Union (Albany, NY)
Article date:
June 16, 2008
Copyright

Byline: JOHN WAGGONER USA Today

You've been mocked. You've been humiliated. You've been insulted.

If it's any comfort, lots of other people are trying to sell their homes, too.

But real estate mutual funds are faring surprisingly well in the worst real estate market in decades. One reason: Real estate funds invest in commercial properties, which march to a different drummer than the residential market. Will the commercial real estate rally continue? Probably - but it wouldn't hurt to move in slowly.

Real estate funds invest primarily in real estate investment trusts, or REITs - which, in turn, invest in apartments, offices, storage ...

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