Nareit Developments Household Finances and the Outlook for Commercial Real Estate The Federal Reserve Bank of New York reported last week that household debt increased $193 billion in the fourth quarter to a record-high $14.15 trillion, prompting some concerns about possible risks to the economic outlook from rising indebtedness. 02/14/2020
Market Commentary Solid Job Market Signals Continued REIT Performance Rising GDP and the job growth that goes with it are the most important determinants of demand for real estate, as businesses need more office space for workers and industrial space to produce, store and ship goods. 02/07/2020 Image
Market Commentary Economic Fundamentals for Real Estate Remain Solid A moderate supply of new buildings is helping to keep vacancy rates low and reduces risks of a market downturn due to excess construction in the months and years ahead. 02/05/2020 Image
Market Commentary What to Watch for REITs and the Economy in 2020 Today’s economic environment has no historical precedent. What markers can we rely on as the economy and commercial real estate move into uncharted waters? 12/10/2019 Image
Market Commentary November Jobs Report Shows it’s not a “Late Cycle” World Nonfarm payrolls rose 266,000 in November, well above consensus forecasts and the strongest gain since January. 12/09/2019 Image
Market Commentary REITs Reported $15.8 Billion Total FFO in Q3: Nareit T-Tracker Earnings growth broadened across the REIT sector in the third quarter, with 65.9% of REITs reporting higher FFO than one year ago. 11/15/2019
Market Commentary Strong Demand for Apartments Leads Mixed CRE Markets in Q3 The economic fundamentals for CRE markets maintained momentum in Q3, with GDP growth on trend and modest job gains. 11/08/2019 Image
Market Commentary Recession Risks, Commercial Real Estate and REITs How likely is it that the current slowing could lead to a recession? How exposed are real estate markets and REITs to deteriorating macroeconomic fundamentals? 10/28/2019 Image
Market Commentary Commercial Property Prices: Risk or Reward? Commercial property prices can be a double-edged sword. When they are rising, they can provide investors with solid capital gains above and beyond the income received from rents. But if they rise too rapidly and get ahead of fundamentals, investors risk losses from falling prices. 09/19/2019 Image
Market Commentary What are Workers Telling Us About the Outlook for Real Estate? The JOLTS report on labor market turnover can help shed light on the outlook for the economy and for real estate. 09/11/2019 Image
Market Commentary Commercial Real Estate and REITs Get a Second Wind It is important during periods of market volatility and shifting economic fundamentals for investors to recall the concerns that not long ago dominated discussions about the outlook. 09/05/2019 Image
Market Commentary Inverted Yield Curves, the Economy and REITs An inverted yield curve has preceded past recessions, yet other indicators today carry a stronger signal of a resilient economy. 08/28/2019 Image