News
Back-to-school is the second biggest shopping season for U.S. retailers. But shoppers are favoring discounters more, including off-price chains, dollar stores, and lines like Macy’s Backstage and Nordstrom Rack. Plus, interest rate survey data from Trepp.
Thanks to strong market fundamentals, positive second-quarter earnings reports, and post-Brexit assurances of ongoing low interest rates, real estate investment trusts (REITs) pushed forward in July with a 3.87 percent total return, with the lodging segment posted the strongest total returns for July at 10.23 percent. Plus, interest rate survey data from Trepp.
Using maps released by the National Oceanic and Atmospheric Administration (NOAA), real estate listing provider Zillow is predicting that almost 300 U.S. cities would lose more than half of their housing stocks by the year 2100 due to rising sea levels associated with climate change. The estimated value of these homes is $882 billion.
The place we call home dictates so much of the rest of our lives—not least of which is the amount of money available for the rest of life’s necessities and pleasures.
Midyear earnings season is getting underway, and news from large real estate investment trusts has been mostly positive, but mixed. REITs have benefited from strong underlying real estate market fundamentals and ongoing low interest rates, although new supply is becoming a concern for some product types in selected markets. Plus, interest rate survey data from Trepp.
The June Brexit referendum is lending momentum to the office REIT sector. Brexit will keep U.S. interest rates very low for longer, making REIT yields more attractive and providing inexpensive capital for expansion. Plus, interest rate survey data from Trepp.
What do billboards, prisons, casinos, schools, farmland, and document storage have in common? Real estate investment trusts (REITs) in these disparate businesses comprise NAREIT’s specialty REIT category, one of the best-performing sectors this year. Plus, interest rate survey data from Trepp.
New research shows that not only are walkable urban places (WalkUPs) in metropolitan areas ranging from New York City to Knoxville, Tennessee, on the rise nationally, but also the growing demand to locate in those areas is translating into significantly higher real estate rents.
Strong returns and limited risk have been key factors in the success of freestanding retail REITs during 2016, with a 37.29 percent total return year to date. But as these REITs reach 52-week highs, is it time to buy, hold, or sell? Plus, interest rate survey data from Trepp.
The total FTSE NAREIT All REIT Index return gained 6.68 percent in June, bringing the total return for the first half of 2016 to 13.65 percent. Freestanding retail, single-family home, data center, manufactured home, and infrastructure REITs posted double-digit gains during the month while timber lagged. Plus, interest rate survey data from Trepp.