1. Forest City Board Shake-Up Could Be a Harbinger for Other REITs

    Forest City Board Shake-Up Could Be a Harbinger for Other REITs

    After nine of 13 members of Forest City Realty Trust's board agreed to step down last month, investors turned their attention to other real-estate investment trusts that could face board pressure in the coming weeks.

    The problem: Shares of many REITs have been flagging for the past year, in part because of worries the property market is nearing a peak and partly because of higher interest rates, which make REITs less attractive....

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