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Top Real Estate News for Friday, Nov. 12, 2021: An Office REIT's Stock Rocks

·3 min read
Top Real Estate News for Friday, Nov. 12, 2021: An Office REIT's Stock Rocks
In this article:
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Shares of real estate investment trust (REIT) Franklin Street Properties rose as much as 27% at one point during the week. The big story was the REIT's earnings release on Nov. 8, but it requires a little bit of effort to sort through what's going on. Motley Fool contributor Reuben Gregg Brewer dissects this company's public pronouncement in a way that not only sheds insight on what's going on there but can be a template for how to look at earnings releases like that from similar equity REITs.