Urban Edge Properties: An Undercovered REIT Gem That Should Be On Your Radar

One risk for the company is if interest rates remain elevated for much longer. As previously mentioned, interest rates have plagued some REITs with slower than expected growth. And if these continue to remain elevated, this will likely continue going forward. Furthermore, another risk is the company's occupancy. At the end of Q1 their total occupancy stood at 94.2%. This was lower than both peers InvenTrust Properties Corp and Tanger whose occupancies stood at 96.3% and 96.5% respectively. UE's small-shop o ...