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

    REIT Earnings Rose to $15.9 billion in Q1

    Funds from operations of all Equity REITs increased to $15.9 billion in the first quarter, according to the Nareit T-Tracker. Occupancy rates remain near the record highs set last year.
  • Market Commentary Blog

    Is There Another Housing Bubble Building?

    Rising house prices have raised concerns about whether another speculative bubble is brewing. In today’s housing markets, however, it is a scarcity of housing supply that is pushing up prices.
  • Market Commentary Blog

    Commercial Real Estate Markets: A Slow Start to 2019

    Real estate markets softened in the first quarter, with the demand for leased space slowing for most major property types. Demand did not fall but the weakness may reflect a cautious environment during the winter months.
  • Market Commentary Blog

    REITs and the Rise of High-tech Real Estate

    A generation ago, most commercial real estate consisted of a building and four walls that provided space and services for tenants. Today, however, a growing share of real estate supports the high-tech sector.
  • Market Commentary Blog

    REITs and Interest Rates: A Positive Shift in the Market

    The relationship between REIT returns and long-term interest rates has turned positive again.
  • Market Commentary Blog

    REIT Earnings Slowed in Q4 2018

    REIT earnings slowed a bit in late 2018, according to the Nareit T-Tracker®, which showed funds from operations (FFO) of all listed equity REITs of $15.9 billion.
  • Market Commentary Blog

    Fundamentals for REITs and Real Estate are Stronger than the Mixed Macro News

    The outlook for REITs and commercial real estate remains favorable, despite some mixed macroeconomic news in the early months of this year.