Nareit Market Commentary

The Market Commentary blog on presents analysis of the macro- and micro-economic fundamentals impacting the REIT and commercial real estate industry. The Nareit economics team offers their commentary on the state of the market, the outlook for commercial real estate and breaking macroeconomic news. The opinions set forth here are solely those of its author(s), and do not necessarily reflect the views of the Nareit or its membership.

  • 5/21/2020

    REIT Earnings Declined 9% in First Quarter on COVID-19 Issues

    REIT earnings were impacted by the COVID-19 crisis in the first quarter, with funds from operation (FFO) declining 9.0% from the prior quarter, to $15.0 billion, according to the Nareit T-Tracker®.
  • 5/18/2020

    REITs, Broader Equity Markets See-Saw on Prospects for Reopening the Economy

    The FTSE Nareit All Equity REITs index closed down 8.2% for the week ended May 15th, the first weekly decline for the month of May.
  • 5/18/2020

    Rent Collected by REITs in May Unchanged from April

    The most recent rent survey results show that on average for REITs, the share of typical rent collected in May was largely unchanged from April.
  • 5/14/2020

    Growing Dry Powder Pool May Boost Economic Recovery, REITs

    There's a $2 trillion stimulus fund you haven't heard about, and it’s growing bigger every day.
  • 5/11/2020

    REIT Markets Edged Higher for the Second Week; Volatility is Down

    Most sectors were up, including a 10.3% total return for timber REITs, a 6.9% total return for specialty REITs and 6.7% total return for commercial financing mREITs.
  • 5/8/2020

    April Employment Report Shows Record Job Losses, Unemployment

    The two largest risks to the economy from recent layoffs are that job losses spread from the front-line sectors into the broader economy, and that temporary layoffs translate into permanent job losses.
  • 5/6/2020

    The Importance of Real Estate and Rent in Reopening the Economy

    Putting the pieces of connected commerce together in the COVID-19 era.
  • 5/4/2020

    Updated REIT Industry April Rent Collections

    Using the public data along with the privately collected Nareit data, this research note presents a fuller picture of the industry’s rent collection for April.
  • 5/4/2020

    Most REIT Sectors Edged Higher Last Week

    Nine of the 14 REIT sectors posted a positive total return.
  • 4/29/2020

    COVID-19 Shutdowns Impacted CRE Markets Right Away

    The business closures and social distancing designed to slow the spread of COVID-19 had a significant impact on demand for commercial real estate, vacancies and rent growth across the major property sectors.