Market Commentary REITs Own 575,000 Properties in the U.S. Nareit’s annual update of REIT property counts and estimated gross asset values by state and property sector is now available on the REITs Across America website. 11/03/2023 Image
Industry News REIT M&A Opportunities Evident Across Most Property Sectors Public-to-public deals dominate REIT M&A activity today. 10/31/2023 Image
Market Commentary Global Real Estate Pressured by Rising Bond Yields in September The FTSE EPRA Nareit Developed Extended Index faced headwinds in September as investors grappled with rising bond yields in the United States and other developed markets. 10/20/2023 Image
Market Commentary REITs Raised $4.1 Billion Through Secondary Offerings in 2023: Q3 U.S. REITs raised $4.1 billion from secondary debt and equity offerings in the third quarter of 2023, though this preliminary total will be revised upward when ATM program usage data become available. 10/06/2023 Image
Market Commentary Using REITs to Tactically Capitalize on Public-Private Real Estate Pricing Dislocation Throughout 2022 and 2023, the public and private real estate markets have been a tale of two cities. 10/05/2023 Image
Nareit Developments REIT Third Quarter Performance Dogged by Interest Rates: Webinar IREI/Nareit webinar also examined impact of technology, public-private performance, and more. 10/05/2023 Image
Market Commentary REITs and Broad Markets Fall as Rates Rise in September The FTSE Nareit All Equity REITs Index declined 7.0% in September as the 10-year Treasury yield continued to climb, ending the month at 4.6%, while the All Equity REITs dividend yield ended the month at 4.4%. 10/05/2023 Image
Market Commentary Actively Managed Real Estate Fund Tracker: 2023Q2 Infrastructure, data centers, and health care each have more than a 10% share of assets. 09/28/2023 Image
Market Commentary Proper Balance Sheets: REIT Sectors Focused on Low Leverage with Fixed Rate and Unsecured Debt During this period of divergent public and private property valuations, the commercial real estate mortgage market has been marked by higher interest rates and stricter underwriting standards. 09/14/2023 Image
Market Commentary Office and Apartment Sectors Magnify Cap Rate Disparities A recent Nareit market commentary highlighted that the “ostrich effect,” an investor behavior where risky situations are avoided by pretending that they do not exist, may aptly describe the attitudes of many private institutional real estate investment managers and appraisers when it comes to their valuation practices. 09/12/2023 Image
Market Commentary Norges Bank Investment Management: Public and Private Real Estate All the Same in the Long Run Norges Bank Investment Management (NBIM) recently published a discussion note, “Drivers of Listed and Unlisted Real Estate Returns,” which analyzes the drivers of U.S. public and private real estate returns and evaluates real estate exposures in the context of a diversified investment portfolio. 09/11/2023 Image
Market Commentary Climbing Treasury Yields Pressured REITs and Broad Markets in August REITs and broad market equities faced challenges in August, as the sharply rising 10-year Treasury yield hit 4.34%, its highest level since 2007, and then declined to 4.09% in the final week of the month. 09/11/2023 Image
