Market Commentary Job Markets, Business Reopenings Signal Coming Turnaround for CRE, REITs The gradual reopening of the economy in the weeks and months ahead will restart the cash flows for many businesses small and large. 05/29/2020 Image
Market Commentary REIT Property Sectors All Rose Last Week The FTSE Nareit All Equity REITs index posted a total return of 6.9%, the strongest weekly return in six weeks and outpacing the 3.5% total return on the Russell 1000. 05/27/2020 Image
Market Commentary The Outlook for REITs During the COVID-19 Crisis The REIT sector overall entered this crisis period from a stronger position than in previous market downturns in terms of operational performance, balance sheet strength and sources of liquidity available for the potentially lean months ahead. 05/22/2020 Image
Market Commentary REIT Earnings Declined 9% in First Quarter on COVID-19 Issues REIT earnings were impacted by the COVID-19 crisis in the first quarter, with funds from operation (FFO) declining 9.0% from the prior quarter, to $15.0 billion, according to the Nareit T-Tracker®. 05/21/2020 Image
Market Commentary REITs, Broader Equity Markets See-Saw on Prospects for Reopening the Economy The FTSE Nareit All Equity REITs index closed down 8.2% for the week ended May 15th, the first weekly decline for the month of May. 05/18/2020 Image
Market Commentary Growing Dry Powder Pool May Boost Economic Recovery, REITs There's a $2 trillion stimulus fund you haven't heard about, and it’s growing bigger every day. 05/14/2020 Image
Market Commentary REIT Markets Edged Higher for the Second Week; Volatility is Down Most sectors were up, including a 10.3% total return for timber REITs, a 6.9% total return for specialty REITs and 6.7% total return for commercial financing mREITs. 05/11/2020 Image
Market Commentary April Employment Report Shows Record Job Losses, Unemployment The two largest risks to the economy from recent layoffs are that job losses spread from the front-line sectors into the broader economy, and that temporary layoffs translate into permanent job losses. 05/08/2020 Image
Market Commentary Most REIT Sectors Edged Higher Last Week Nine of the 14 REIT sectors posted a positive total return. 05/04/2020 Image
Market Commentary COVID-19 Shutdowns Impacted CRE Markets Right Away The business closures and social distancing designed to slow the spread of COVID-19 had a significant impact on demand for commercial real estate, vacancies and rent growth across the major property sectors. 04/29/2020 Image
Market Commentary Market Conditions Calm a bit for REIT Returns Last week the index posted a total return of negative 4.5%, the second week of single-digit moves after much sharper gyrations both up and down in the early stages of the crisis. 04/27/2020
Market Commentary Weakness in Durable Goods Orders Focused on Transportation We are not expecting a “V” shaped recovery because some effects of the virus are likely to remain for quite some time. This news on durable goods orders, though, is consistent with underlying business fundamentals remaining intact for now despite the shutdown. 04/24/2020 Image