US News and World Report reports on best bets for REITS and interviewed Dan Palmier, CEO of UC Funds for information on Equity Residential plays.  Read more…..

U.S. News and World Report: 7 Best REITs to Buy for a Recession

Equity Residential (EQR)

Apartment and multifamily housing REITs can make sense for a recession for one simple reason: People always need a place to live.

“Multifamily properties are the most resilient type of real estate asset as they generally have lower total rent declines and more rapid post-recession rent recovery,” Dan Palmier, president and CEO of UC Funds.

Equity Residential owns apartment housing in some of the country’s most in-demand rental markets, including New York, San Francisco, Boston and the metro area of Washington, D.C. Despite some recent volatility, the REIT’s share price has held steady since August, with investors reaping a 2.6% dividend yield. EQR has a buy rating currently, though investors should be aware of how a recession could potentially impact rental rates in the larger housing markets where this REIT invests.