Prologis

American Tower

Equinix

Welltower

Digital Realty Trust

Simon Property Group

Realty Income Corp

Public Storage

Crown Castle International

CBRE Group

iShares U.S. Real Estate ETF

IYR tracks a market-cap-weighted index of US real estate equities.

AGNC Investment

Alexandria Real Estate Equities

Brookfield Asset Management

JPMorgan BetaBuilders MSCI US REIT ETF

Brandywine Realty

BrightSpire Capital

Blackstone Mortgage Trust

Boston Properties

D.R. Horton

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Dynex Capital

Equity LifeStyle Properties

Equity Residential

Franklin BSP Realty Trust Inc

First Industrial Realty Trust

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

Gaming and Leisure Properties

iShares Cohen & Steers REIT ETF

Nuveen Real Estate Income Fund

Housing Recession Is Over

Ashford Hospitality Trust

Diversified Healthcare Trust

Invesco S&P 500 Equal Weight Real Estate ETF

Franklin Street Properties Corp.

Goldman Sachs Future Real Estate And Infrastructure Equity ETF

Home Appreciation US REIT ETF

Pacer Benchmark Industrial Real Estate SCTR ETF

Janus Henderson U.S. Real Estate ETF

Invesco KBW Premium Yield Equity REIT ETF

NETLease Corporate Real Estate ETF

Nuveen Short-Term REIT ETF

Office Properties Income Trust

PotlatchDeltic

US Diversified Real Estate ETF

Invesco Active US Real Estate

ALPS Active REIT ETF

Strategic Residential & Apartment Real Estate ETF

iShares Residential Real Estate ETF

Hoya Capital High Dividend Yield ETF

ETFB Green SRI REITs ETF

IQ US Real Estate Small Cap ETF

SPDR Dow Jones REIT ETF

iStar Inc

Schwab U.S. REIT ETF

SL Green Realty

Global X SuperDividend REIT ETF

Pacer Funds Trust-Pacer Benchmark Data & Infrastructure Real Estate Sector ETF

iShares Core U.S. REIT ETF

Vanguard Real Estate ETF

Virtus Real Asset Income ETF

WisdomTree New Economy Real Es

Real Estate Select Sector SPDR Fund

The REIT sector fell again in March with a -6.11% total return. Large cap (-1.99%) and mid cap (-4.56%) REITs saw modestly negative total returns in March, while small caps (-6.76%) and micro caps (-15.50%) were deeper in the red.

The State Of REITs: April 2023 Edition

Agree Realty

Blackstone Group

Ellington Residential Mortgage REIT

Ellington Financial

Industrial Logistics Properties

Macerich

Neuberger Berman Real Estate Securities Income Fund Inc

Orchid Island Capital

ProShares Short Real Estate

U.S. equity markets finished broadly higher this past week after a critical slate of inflation data provided further evidence of a definitive cool-down in inflationary pressures. After narrowly snapping a three-week winning streak in the prior week, the S&P 500 advanced 0.8% this week, while the Mid-Cap 400 and Small-Cap 600 posted gains of over 1%.

Inflation's Last Stand

Alpine Global Premier Properties Fund

Cambria Global Real Estate ETF

CubeSmart

Extra Space Storage

FlexShares Global Quality Real Estate Index Fund

Xtrackers International Real Estate ETF

Hoya Capital Housing ETF

iShares International Developed Real Estate ETF

CBRE Global Real Estate Income Fund

iShares U.S. Home Construction ETF

Life Storage

VanEck Mortgage REIT Income ETF

Direxion Daily Homebuilders & Supplies Bull 3X Shares

National Storage Affiliates Trust

InfraCap REIT Preferred ETF

Storage REITs are the best-performing property sector this year after lagging in late 2022, lifted by surprisingly solid earnings results and a thawing of the previously icy-cold housing market. Storage demand is driven largely by housing activity – specifically, home sales and rental market turnover - and the recent moderation in mortgage rates has eased concern of a deepening housing recession.

Storage Wars

Apple Hospitality REIT

CBL & Associates Properties

Cousins Properties

Innovative Industrial Properties

Cohen And Steers Total Return Realty Fund

Cohen & Steers Reit And Preferred Income Fund Inc

Cohen & Steers Quality Income Realty Fund

Seven Hills Realty Trust

With recent distress across office markets seizing the headlines, Mall REITs are no longer the "Problem Child" of the REIT sector, particularly after weaker players and lower-tier malls closed shop. Following three years of rental rate and occupancy declines, the supply-demand dynamic has recently favored retail landlords, rewarding many retail REITs with some long-elusive pricing power.

Mall REITs: Only The Strong Shall Survive

Plymouth Industrial REIT

iShares Mortgage Real Estate ETF

Rexford Industrial Realty

Ryman Hospitality Properties

U.S. equity markets snapped a three-week winning streak while benchmark interest rates dipped to seven-month lows after a critical slate of employment data revealed some cracking in the long-resilient labor markets. Following its strongest weekly advance in five months, the S&P 500 finished fractionally lower this week, while the Mid-Cap 400 and Small-Cap 600 each posted steeper declines of over 2.5%.

Cracks Emerge In Jobs Market

American Homes 4 Rent

Bluerock Homes Trust Inc

Black Knight

CoStar Group

Invitation Homes

Lennar

NexPoint Real Estate Finance

NexPoint Diversified Real Estate Trust

NexPoint Residential Trust

Offerpad Solutions

Opendoor

PulteGroup

One of the best-performing property sectors this year, Single-Family Rental REITs have rebounded as the previously-sluggish U.S. housing sector has shown signs of life amid a moderation in mortgage rates. The dire predictions of a "hard landing" in rental markets have been rebuffed in recent months by steadying rental rates and strong occupancy trends seen across the major rent indexes.

Single-Family Rental REITs: Renting The American Dream

Arlington Asset Investment

EPR Properties

Empire State Realty Trust

Highwoods Properties

Invesco Mortgage Capital

Medical Properties Trust

U.S. equity markets concluded a wild first-quarter with their best week of 2023 as easing contagion concerns and further evidence of cooling price pressures lifted markets to a third-straight weekly gain. Pushing its gains to 7.5% for the quarter, the S&P 500 posted its best week since last November with gains of 3.4%. The tech-heavy Nasdaq 100 climbed into "bull market".

Wild Quarter Ends With Optimism

AST SpaceMobile

Altice USA

Charter Communications

Comcast

DigitalBridge Group

DISH Network

Cell Tower REITs have been one of the weakest-performing property sectors since early 2022, an uncharacteristic stretch of poor performance following a half-decade of industry-leading returns. Concern over the long-term competitive positioning of land-based cellular networks in the ever-evolving telecommunications industry has been amplified by the accelerated rollout of satellite-based networks offering some mobile connectivity.

Cell Tower REITs: 5G's Killer App

Broadstone Net Lease

Four Corners Property Trust

Global Net Lease

Gladstone Commercial

Getty Realty

One Liberty Properties

Necessity Retail REIT

Net Lease REITs - historically one of the most "rate-sensitive" property sectors - have surprisingly been the best-performing major property sector since early 2021 despite the significant rise in interest rates. Private market values have remained far "stickier" than comparable public market assets. Increases in these REITs' cost of capital has far-outpaced cap rate increases, resulting in record-low investment spreads.

Net Lease REITs: Avoiding The Winner's Curse

The two recent bank collapses could cause the Federal Reserve to take a break from raising rates, benefiting the real estate sector.

Real Estate ETFs Up as Investors Anticipate Fed Easing on Interest Rates

iShares CMBS ETF

Indus Realty Trust Inc

iShares MBS ETF

Amid intensifying concerns over the potential fallout from several major tech-focused bank failures, this report examines high-level REIT fundamentals to chart the likely path forward for the real estate industry. Real estate equities have been slammed particularly hard as investors draw parallels to the early stages of the 2008 financial crisis when locked-up credit markets created a cascade of distress.

This Time Is Different

AlerisLife

Community Healthcare Trust

CareTrust REIT

Global Medical REIT

Healthcare Realty Trust Inc

National Health Investors

Omega Healthcare Investors

For Healthcare REITs - the physical epicenter of the pandemic - the road to recovery has remained inconsistent across its distinct sub-sectors, with "private-pay" segments now showing notable improvement while "public-pay" segments relapse. Public-pay segments - Hospital and Skilled-Nursing - have seen a re-intensification of tenant operator issues amid pressure from soaring labor costs and waning government fiscal support, triggering some missed rents and lease renegotiations.

Healthcare REITs: Life After The Pandemic

IYR ETF invests in many different REITs within the United States, primarily specialized and residential REITs. Specialized REITs may be able to hedge some economic downturn, but allocations to residential REITs remain a downside in this ETF.

IYR: Residential REIT Market Could Be The Achilles Heel Of This ETF

There are thousands of ETFs to choose from, and today we will look deeper at an ETF that focuses on real estate via REITs. Today, we cover the iShares US Real Estate ETF.

IYR: Bigger Does Not Mean Better

Centerspace REIT

DiamondRock Hospitality

Essex Property Trust

Farmland Partners

Lamar Advertising

Gladstone Land

MFA Financial

U.S. equity markets posted their worst week of the year as benchmark interest rates jumped to three-month highs on data showing a surprising reacceleration in inflation and economic activity in January. Declining for a third straight week - a skid that follows a stretch of four-of-five weekly gains to start the year - the S&P 500 dipped 2.7% while the Nasdaq declined over 3%.

Inflation Remains A Problem

Acadia Realty Trust

Bed Bath & Beyond

InnSuites Hospitality Trust

New York City REIT Inc

iShares Global REIT ETF

Sotherly Hotels

Global X Data Center REITs & Digital Infrastructure ETF

The REIT sector sharply rebounded from a tough 2022 with an +11.77% total return in January 2023. Micro cap REITs (+16.16%) saw disproportionately strong gains in January, followed by double-digit returns for small caps (+11.79%), mid caps (+11.50%) and large caps (+10.07%).

The State Of REITs: February 2023 Edition

Rate hikes don't affect the whole economy as much as it affects some parts like real estate. Today's inflation figures remind us that inflation is still here, although it is still disinflation.

IYR: Real Estate Especially Sensitive To Rate Hikes

ProShares UltraShort Real Estate

ProShares Ultra Real Estate

Certain businesses are better than others at a strategic level. A good underlying strategy is essential to long-term profitability.

Determining The Viability Of A REIT's Business Model

American Assets

Armada Hoffler Properties

City Office REIT

Douglas Emmett

Elme Communities

Equity Commonwealth

Office REITs have been far-and-away the worst-performing property sector since the start of the pandemic, as depressed utilization rates and recession concerns have curbed office space demand. Work-From-Home-Forever? Occupiers due for renewal have been somewhat-reluctant to cut office space, with leasing volumes still at 75% of pre-pandemic levels, but fundamentals softened more definitively in late 2022.

Office REITs: Pain Is Priced In

News for iShares U.S. Real Estate ETF ETF (IYR)