Market Commentary REIT Returns Treading Water in Recent Weeks The FTSE Nareit All Equity REITs index was down 0.3% in terms of total return. 08/24/2020 Image
Market Commentary REIT Earnings Fell in Q2, But Strong Balance Sheets Show Resilience The sharp decline in REIT earnings reflects the record contraction in GDP in the second quarter. Economic activity hit bottom in April, however, and began rebounding over the past four months. 08/20/2020 Image
Market Commentary REIT Stock Returns Mixed Last Week The overall FTSE Nareit All Equity REITs index was down 1.8% in terms of total return. 08/17/2020 Image
Market Commentary REITs Rose Again Last Week REIT share prices rose last week, with a total return of 1.2% on the FTSE Nareit All Equity REITs index. 08/10/2020 Image
Market Commentary CBMS Delinquency Rate Drops in July The 30+ day delinquency rate on securitized commercial mortgages fell 72 basis points in July, to 9.60%. 08/05/2020 Image
Market Commentary The Plunge in GDP was Deep, but not so Broad A few areas—travel, hotels, restaurants and bars, other recreation—were responsible for over a third of the overall economic decline in Q2, yet these categories represent just 6% of the overall U.S. economy. 08/03/2020 Image
Market Commentary REITs Rose Last Week to Finish July in Positive Territory REIT share prices rose last week with the FTSE Nareit All Equity REITs index posting a positive return of 4.2%. 08/03/2020 Image
Market Commentary Commercial Real Estate Markets Weaken in Second Quarter Demand weakened even as construction projects initiated well ahead of the pandemic continued to be delivered to the market, leading to a rise in vacancy rates and softening of market rents. 07/29/2020 Image
Market Commentary Little Change in REITs, Broader Equity Market Last Week Markets ended with little change last week as the FTSE Nareit All Equity REITs index had a total return of -0.6%, reversing the small gains from the prior week. Broad equity markets were down as well, with a -0.3% total return on the Russell 1000. 07/27/2020 Image
Market Commentary REIT Earnings, GDP Growth and the Pandemic Due to the highly unusual nature of this recession, uncertainty about the path of the pandemic, and the potential for a robust recovery, in upcoming earnings announcements the management’s view of market conditions and discussion of the outlook are likely to attract at least as much attention as FFO. 07/22/2020 Image
Market Commentary REIT Market Quiet Ahead of Earnings Season Most property sectors recorded small gains to increases in the high single-digits, led by timber REITs (8.3% total return) and specialty REITs (4.4% total return). 07/21/2020 Image