Top Real Estate News for Friday, Nov. 12, 2021: An Office REIT's Stock Rocks

We've got a look at why office REIT Franklin Street Properties (NYSEMKT: FSP) is suddenly a hot stock, a contrarian view on the pandemic-long rally in the residential housing market, and more.

Shares of real estate investment trust (REIT) Franklin Street Properties rose as much as 27% at one point during the week. By the start of trading on Friday Nov. 12, the stock was holding on to virtually all of that impressive gain. The big story was the REIT's earnings release on Nov. 8, but it requires a little bit of effort to sort through what's going on.

Motley Fool contributor Reuben Gregg Brewer dissects this company's public pronouncement in a way that not only sheds insight on what's going on there but can be a template for how to look at earnings releases like that from similar equity REITs.

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Source Fool.com