Calvin Schnure

Calvin Schnure

Calvin Schnure is Nareit’s senior vice president, research & economic analysis. He analyzes developments in the macro economy and their impact on REITs and commercial property markets, and on financial returns to REITs.

  • Market Commentary 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.
  • Market Commentary 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?
  • REIT Magazine

    Inflation, Interest Rate Implications

    There is little link between average hourly earnings and future inflation.
  • Market Commentary 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®.
  • Market Commentary Blog

    Are Commercial Real Estate Prices on Shaky Ground?

    The sustained rise in prices of commercial real estate over the past seven years has prompted questions whether valuations may be getting ahead of themselves.
  • Market Commentary Blog

    Commercial Property Markets Hold Steady in Q4

    Economic fundamentals continued to support the real estate markets.
  • Market Commentary Blog

    Interest Rates, Inflation, the Stock Market and REITs: What are the Risks?

    Stock prices took a sudden downturn in early February, with the S&P 500 erasing all the gains for the year, and then some. REITs were down as well, with the FTSE Nareit All Equity REITs index declining to the lowest level in 14 months. Most...