NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) has issued a new report, “REIT Credit Update: A Deeper Dive on REIT Private Placements.” The report makes the following key points: Leverage for REIT unsecured borrowers remained near record lows as of September 30, 2018, with a median 32.6% debt-to-total market cap. Median net debt-to-market leverage is considerably lower for REIT private placements (27.1%) than for public issuers (33.5%). The minimum $300 million offering size require
