Real Estate Portfolio winners.The team from Banc of America Securities held off Credit Suisse First Boston's Jay Habermann and RBC RBC red blood cell. RBC or rbc abbr. red blood cell RBC, n See red blood cell count. RBC red blood cells; red blood (cell) count (see blood count). Capital Management's Jay Leupp to capture the portfolio portion of Real Estate Portfolio magazine's 2004 Stock Challenge. The Banc of America team, led initially by Lee Schalop and then by his successor Ross Nussbaum, posted a total return of 43.8 percent last year. Realty Stock Review's Barry Vinocur came closest to predicting the year-end value of the NAREIT NAREIT National Association of Real Estate Investment Trusts Equity REIT Equity REIT A Real Estate Investment Trust that assumes ownership status in the property it invests in enabling investors of the REIT to earn dividends on rental income from the property and appreciation in property resale. Antithesis of a Mortgage REIT. Index and the Morgan Stanley REIT Index Morgan Stanley REIT Index A capitalization-weighted benchmark index of the most actively traded real estate investment trusts (REITs), designed to measure real estate equity performance. with a forecast of 5,412.36 and 650.25, respectively. The NAREIT Index closed 2004 at 6,064.98, while the Morgan Stanley Index finished the year at 769.52. The Banc of America team and Vinocur were among six leading real estate experts participating in the 2004 Stock Challenge. |
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