Blog CRE Still Benefiting From Economic Fundamentals, Despite Interest Rate Worries The overall composite price index in March stood 7.9 percent above one year earlier. This increase represents an acceleration of price gains from those during most of 2017, to the most rapid pace since 2016. 05/03/2018 Image
Blog REIT Beta by Property Type: Most REIT Sectors Have Brought Down Portfolio Volatility Most of the Time REITs have provided that diversification benefit because their underlying returns are driven by the real estate market cycle, which is very different from the business cycle that drives the returns of most other companies in the stock market. 05/02/2018 Image
Blog The Big Volatility Disconnect: Non-REIT Stock Volatility Jumped in March and April, but REIT Volatility Did Not For well over a year now, disappointing REIT returns have been blamed on expectations for rising interest rates, and short-term increases in REIT volatility have been blamed on uncertainty regarding the timing and magnitude of interest-rate changes. 04/30/2018 Image
Blog REITs Look Undervalued, Regardless of the Interest Rate Environment Historically, when REIT dividend yields became high relative to the yields on other income-oriented investments, that has usually been a sign that REITs had become undervalued and were likely to perform strongly over the next several years. 04/26/2018 Image
Blog What’s the Yield Curve Telling Us About the Outlook for the Economy and REITs? Interest rates remain in the headlines, and given their importance in the U.S. economy, it’s smart to pay attention to what they may (or may not) be telling us. 04/25/2018 Image
Blog REITs Raised $38.3 Billion Common Equity, Tapped ATM Programs For A Record $7.5 Billion in 2017 REITs raised $38.3 billion in common equity in 2017, the highest annual total since 2013. 04/18/2018 Image
Blog Property Prices and Cap Rates in a Rising Interest Rate Environment The question on everyone’s mind is, will this drive up cap rates, possibly causing property prices to fall? 03/29/2018 Image
Blog The FOMC and REITs The REIT market generally overreacts initially to news that affects the timing and possible aggressiveness of Fed tightening, as well as to increases in long-term interest rates, but tends to recover over time. 03/16/2018 Image
Blog REIT Exposures to Interest Rates at an All-Time Low Two of the biggest questions for investors for the remainder of this year will be what happens to interest rates, and how will changes in the interest rate environment affect businesses and financial markets? 03/15/2018 Image
Blog REITs Report Rising FFO and Occupancy Rates, Reduced Exposure to Interest Rates in Q4 Total FFO of all listed U.S. equity REITs rose 3.2 percent to $15.1 billion in the fourth quarter of 2017, according to the Nareit T-Tracker®. 03/07/2018 Image
Blog REIT Stock Performance and the Interest Rate Environment Market interest rates typically increase during periods when macroeconomic conditions are strengthening, the same strengthening that often drives positive REIT investment performance. 03/07/2018 Image
