The Market Commentary blog on reit.com presents analysis of the macro- and micro-economic fundamentals impacting the REIT and commercial real estate industry. The Nareit economics team offers their commentary on the state of the market, the outlook for commercial real estate and breaking macroeconomic news. The opinions set forth here are solely those of its author(s), and do not necessarily reflect the views of the Nareit or its membership.
Three-day Rally Reduces Recent REIT Losses
The stock market got a bit of relief last week as forceful policy measures prompted a three-day rally, trimming some of the recent losses.
Mortgages, MBS Face Challenges During Coronavirus Crisis
The mortgage market is critically important for the economy and for financial markets.
Mortgage REITs, CMBS Markets and the Fed
Growing concerns about the impact of the coronavirus on the economy have caused severe liquidity issues in some asset classes.
What Resources Will REITs Need To Navigate the Coronavirus Crisis?
The main question today is how long the phase of rapid growth of infection and the economic shutdowns necessary to contain it will last.
All REIT Sectors Hit With Stock Dip
Conditions worsened significantly over the past week, both in terms of the expected economic impact of the disruptions to activity in response to the virus, and also in stock market returns.
REITs Prepared for Coronavirus with Cash and Lines of Credit
REITs have also prepared themselves for economic uncertainty by building up their stock of cash and cash-like assets and maintaining substantial unused lines of credit.
Pain Points in the Coronavirus Crisis
Stock market declines due to the coronavirus crisis are in the headlines, but the main risks in the weeks ahead are elsewhere: in cash flows and liquidity shocks; resiliency of the financial system; and impact on economic fundamentals.
What Real Estate Sectors Has The Coronavirus Affected?
Different property sectors face different exposures to the coronavirus crisis, and REIT returns reflect those differences.
Coronavirus and the Economy: The Impact Spreads
The advance of the coronavirus within the United States has prompted a corresponding spread of actions aimed at slowing the pandemic. These actions will cause a noticeable reduction in GDP, but how large might it be?
REITwise 2020 Cancelled
Nareit will fully refund fees already paid by registrants and sponsors in the coming days.
REIT Stocks Outperformed Through February
Through the year-to-date period as of the end of February, REITs outperformed the Dow Jones U.S. Total Stock Market, the large cap S&P 500 and the small cap Russell 2000.
The Coronavirus, Commercial Real Estate and REITs
With everyday life upended by the coronavirus for the foreseeable future, the commercial real estate industry is shifting on a daily basis.