Calvin Schnure and Alexandra Thompson

Calvin Schnure and Alexandra Thompson
  • Market Commentary Blog
    9/10/2019

    REIT Interest Exposures are Down—Especially in the Tails

    REITs have strengthened their balance sheets over the past decade, with average leverage and interest expense to NOI falling to historical lows. Averages, however, don’t reveal what is going on in the tails and if there are hidden pockets of risks.
  • Market Commentary Blog
    6/28/2019

    REITs are an Investment Grade Sector

    REITs have made important changes over the past decade in their overall leverage ratios, as well as the composition and structure of their debt.
  • Market Commentary Blog
    5/14/2019

    Gimme Shelter: REITs and Trade Disputes

    While correlations between stock markets in the United States and China, and the rest of Asia and Europe have risen as trade disputes have heated up, REITs’ correlations with overseas markets have moved lower.
  • Market Commentary Blog
    11/20/2018

    Strong Commercial Real Estate Fundamentals Continue into Q3

    Economic momentum continued into the third quarter causing commercial real estate markets to tighten.
  • Market Commentary Blog
    11/16/2018

    Amazon’s New Headquarters, and REITs

    REITs have a strong presence in the office, apartment and hotel markets in both surrounding areas of Amazon’s new headquarters and will be important players in the next phase of development of these cities.