Investors should not confuse the housing slowdown and subprime mortgage woes with the performance of equity real estate investment trust companies (REITs), two analysts told CNBC’s Melissa Francis on “Closing Bell.”
“The mortgage REITs can be pretty dicey, but the commercial REITs that own the properties directly are really facing a very different set of dynamics than what you’re seeing on the homebuilding and single family side of the market,” said Louis Taylor, senior REIT analyst at Deutsche Bank, who recommends ProLogis, American Financial Realty and Public Storage .