The

real estate

industry closed the day down 1.7%.

Jones Lang LaSalle Inc

(

JLL

),

Strategic Hotel & Resorts Inc

(

BEE

),

Pennsylvania REIT

(

PEI

), and

iStar Financial Inc

(

SFI

) were all decliners today within the real estate industry with

Equity Residential

(

EQR

) being today's featured real estate loser. Equity Residential fell $1.47 (-2.7%) to $52.12 on light volume. Throughout the day, 2.1 million shares of Equity Residential exchanged hands as compared to its average daily volume of three million shares.

Equity Residential, a real estate investment trust (REIT), engages in the acquisition, development, and management of multifamily properties in the United States. Equity Residential has a market cap of $15.6 billion and is part of the

financial

sector. Shares are up 3.2% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Equity as a

hold

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet.

On the positive front,

China Housing & Land Development Inc

(

CHLN

),

Eastern Light Capital Inc

(

ELC

),

Walker & Dunlop Inc

(

WD

), and

IFM Investments

(

CTC

) were all gainers within the real estate industry with

Altisource Portfolio Solutions

(

ASPS

) being today's featured real estate industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider

iShares Dow Jones US Real Estate

(

IYR

) while those bearish on the real estate industry could consider

ProShares Short Real Estate Fund

(

REK

).

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