Amid heightened competition, real estate investment trusts that operate within the commercial real estate sector are employing a number of strategies - from teaming up to changing course.

Several REITs in the first quarter admitted to having difficulty making money as, mirroring the residential lending sector, loan pricing has lagged the rising federal funds interest rate. As a result, several have announced plans to partner with one another in order to benefit from more capital and a wider range of assets.

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