Market Commentary On the Other Side of the CMBS “Wall of Maturities” Now that we are on the other side of the Wall of Maturities, it’s worth a look back to see how the market fared, and what are the prospects for the CMBS market in the year ahead. 02/01/2018 Image
Market Commentary What Will Have the Biggest Impact on REIT Performance in 2018? Investors Respond to a Nareit Survey We decided to turn the tables and ask investors and other readers of the Nareit News Digest for their views on what will have the greatest impact on REIT share performance in 2018. 01/05/2018 Image
Market Commentary Are REITs’ Negative Price Response to Interest Rate Increases Justified? REIT share prices have often responded negatively to rising interest rates, at least since 2013. Is this warranted by the outlook for their future earnings? 01/04/2018 Image
Market Commentary What to Watch in the Economy and Real Estate Markets in 2018 The macroeconomy and real estate markets had a good performance in 2017. That may well continue into 2018, but there are several risks that might cause a change in the outlook. 12/14/2017 Image
Market Commentary Cap Rates Hold their Ground as Interest Rates Move Higher Cap rates have been holding their ground, even as interest rates move higher. The resilience of pricing in the real estate sector should not be surprising, however, given the strength in the fundamentals that support demand for commercial space. 12/07/2017 Image
Market Commentary REIT Balance Sheets as Solid as Ever REITs have steadily fortified their balance sheets, leaving the industry in as solid a financial position it has ever seen, based on more than two decades of data available. 11/28/2017 Image
Market Commentary FFO of all REITs Declined in Q3, but Firm Fundamentals Point to Future Growth The fundamentals for the REIT industry remain firm, which gives us some confidence that the recent decline in FFO is a short-term dip amidst a longer-term trend of mostly solid growth. 11/21/2017 Image
Market Commentary Commercial Property Update: Apartment Markets Led the Way in the Third Quarter The apartment market led the way among commercial property markets in the third quarter, as robust demand pushed down the national vacancy rate and supported rent growth. 11/09/2017 Image
Market Commentary Commercial Property Prices: Froth, or Fundamentals? Commercial property prices have risen steadily since the beginning of the recovery from the Great Financial Crisis. Continued price gains, however, at some point begin to raise warning flags. 11/02/2017 Image
Market Commentary Senior Housing Occupancy Stable in Q3 Amid Building Boom The senior housing business is in the midst of a building boom the likes of which we have not seen for a couple of decades. 10/18/2017 Image
Market Commentary Data Center REITs: Hosting the Cloud, Here on Earth Data centers house the servers and network equipment that make modern communications possible, including the Internet and data transmitted by cell phones. 10/04/2017 Image
Market Commentary How Will Apartment REITs be Impacted by New Construction? Vacancy rates are likely to remain low as adult members of shared households eventually strike out on their own. However, that the process may take longer than anticipated. 09/19/2017 Image