Market Commentary Retail Property Markets and REITs are Recovering E-commerce surged in the spring, but stores are reopening and curbside pickup is a popular hybrid of online shopping and bricks-and-mortar delivery. Many shoppers enjoy the retail experience and still prefer to check the size, fit, and appearance at a bricks & mortar store. 10/15/2020 Image
Market Commentary REITs Gained Ground Last Week This was the second week of rising share prices, after four straight weeks edging lower through September. 10/13/2020 Image
Market Commentary How Will Work-from-home Affect Office Markets Over the Medium- to Long-term? The next few years will almost certainly see a move towards less density, and it is unclear how much overall demand for office space will decline due to WFH if there is an offsetting increase in the space per worker. 10/06/2020 Image
Market Commentary REITs Rally Outpaced Broader Markets Last Week REITs rallied last week, with the FTSE-Nareit All Equity REITs index posting a total return of 5.5%, trimming the year-to-date decline in total returns to the single digits. 10/05/2020 Image
Market Commentary REIT Share Prices Stable Last Week REITs have been little affected by the turmoil in the broader stock market in recent weeks, especially among technology stocks. 09/21/2020 Image
Market Commentary COVID-19 and CRE: Short-Term Impact on Demand, but Longer-Term Structural Changes Since most economic activity takes place within a commercial real estate structure, these changes will impact how people use commercial real estate in the future. 09/21/2020 Image
Market Commentary REIT Stocks Down Last Week Amid Tech Selloff The FTSE Nareit All Equity index had a total return of negative 2.2% for the week, and is down 2.0% so far in September. 09/14/2020 Image
Market Commentary REIT Stocks Buffer Broader Market Decline The FTSE Nareit All Equity REITs index was down 0.7% last week, while tech stocks pulled major indices much lower, with the Nasdaq down 3.3% and the S&P 500 falling 2.3%. 09/09/2020 Image
Market Commentary CMBS Delinquencies Fall Further as Reopening Revives Cash Flows The CMBS delinquency rate continued to decline in August as the reopening of the economy helped revive cash flows at some troubled tenants. 09/02/2020 Image
Market Commentary CRE Transactions Volumes Down, but Prices Steady Valuations in the overall market have edged down 1.4% over the past three months, and are little changed year-to-date. 09/01/2020 Image
Market Commentary REIT Property Sectors All Rose Last Week Last week’s gains trimmed the declines so far this year to single digits, bringing the year-to-date total return to -9.0% 08/31/2020 Image
Market Commentary Demand for Housing Tops Pre-Pandemic Pace Nearly every recent housing market indicator has shown significant increases for July, and were above consensus expectations. 08/26/2020 Image