S&P Analysis: U.S. REITs accelerate at-the-market program usage in Q3 2025
by Released
According to S&P Global Market Intelligence data, US REITs significantly increased their at-the-market (ATM) program activities in third quarter 2025, raising $6.35 billion, a 30.9 percent increase from the previous quarter. However, this was a 12 percent decrease compared to third quarter 2024. Healthcare REITs led the sector, contributing more than two-thirds of the total proceeds.