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REIT Advocate Reflects on Landmark 2001 Move to Include Sector in S&P Indices
Lee Schalop, former managing director of Bank of America Securities and one of the REIT industry's most influential analysts in 2001, joined the REIT Report podcast to mark the 25th anniversary of the inclusion of REITs in S&P indices.
Schalop, working alongside Nareit, leading analysts, investors, and REIT executives, became a key voice lobbying for REIT inclusion in the S&P 500 25 years ago.
Their success in convincing the S&P Index Committee to add REITs into the indices played a crucial role in transforming publicly-traded real estate from a niche investment opportunity to a major force…
The skinny
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