Market Analysis & Research

Stock market declines due to the coronavirus crisis are in the headlines, but the main risks in the weeks ahead are elsewhere: in cash flows and liquidity shocks; resiliency of the financial system; and impact on economic fundamentals.

Different property sectors face different exposures to the coronavirus crisis, and REIT returns reflect those differences.

The advance of the coronavirus within the United States has prompted a corresponding spread of actions aimed at slowing the pandemic. These actions will cause a noticeable reduction in GDP, but how large might it be?

Funds from operations of $16.8 billion were 6.6% higher than a year ago. REITs prepared for uncertainty with strong earnings, solid balance sheets, and high occupancy rates.

Through the year-to-date period as of the end of February, REITs outperformed the Dow Jones U.S. Total Stock Market, the large cap S&P 500 and the small cap Russell 2000.

With everyday life upended by the coronavirus for the foreseeable future, the commercial real estate industry is shifting on a daily basis.

Nareit and Bloomberg Intelligence are partnering on an upcoming webinar to discuss how the rapidly evolving and uncertain outlook will impact REIT operations and performance, capital needs, and expectations for the year ahead.

Entirety of HPET’s assets under management are impact investments.

Nareit’s annual update of REIT property counts and estimated gross asset values by state and property sector is now available on the revamped REITs Across America website.

The Federal Reserve Bank of New York reported last week that household debt increased $193 billion in the fourth quarter to a record-high $14.15 trillion, prompting some concerns about possible risks to the economic outlook from rising indebtedness.

Nareit estimates 86.6 American adults, or 44% of American households, own REIT stocks directly or indirectly through mutual funds, ETFs or target date funds.