May REITview
Welcome to our monthly REITView newsletter – where we analyze the latest national trends in real estate investment trusts (REITs) and their implications for investors and the Nevada real estate market. REITs own and often operate a pool of income-producing real estate assets. Investors can purchase a liquid stake in these portfolios – think of them as mutual funds for real estate. While REITs are not the biggest players in Nevada’s commercial real estate landscape, secondary markets like Las Vegas with above-average population and job growth are likely to attract REITs looking for value and growth opportunities. The sectors listed below were selected because they include at least 10 REITs each. They represent more than 97 percent of the 163 Financial Times Stock Exchange (FTSE) REITs currently being traded. It is important to examine both short-term and long-term returns to determine trends. In September, Equity REITs mostly continued their gains from August, slipping by only half a percentage point overall. Health Care, Apartments, and the Industrial sectors slipped for the month, reversing direction by 5.66, 2.63, and 1.01 percentage points (respectively) from their August returns. Lodging/Resorts, on [...]
Welcome to our monthly REITview newsletter – where we analyze the latest national trends in real estate investment trusts (REITs) and their implications for investors and the Nevada real estate market. REITs own and often operate a pool of income-producing real estate assets. Investors can purchase a liquid stake in these portfolios – think of them as mutual funds for real estate. While REITs are not the biggest players in Nevada’s commercial real estate landscape, secondary markets like Las Vegas with above-average population and job growth are likely to attract REITs looking for value and growth opportunities. The sectors listed below, which were selected based on relevancy to Nevada, represent more than 75 percent of the 170 Financial Times Stock Exchange (FTSE) REITs currently being traded. It is useful to look at shorter-term and longer-term returns to determine trends. Overall, REITs saw a 2% uptick in returns in August. led by an outstanding performance by Data Center REITs, up 13.13 percent for the month (for more on Data Center REITs, see the August issue of REITview). Regional Malls took another dive in August, down 8.02 percent from [...]
Welcome to our monthly REITView newsletter – where we analyze the latest national trends in real estate investment trusts (REITs) and their implications for investors and the Nevada real estate market. REITs own and often operate a pool of income-producing real estate assets. Investors can purchase a liquid stake in these portfolios – think of them as mutual funds for real estate. While REITs are not the biggest players in Nevada’s commercial real estate landscape, secondary markets like Las Vegas with above-average population and job growth are likely to attract REITs looking for value and growth opportunities. The sectors listed below, which were selected based on relevancy to Nevada, represent more than 75 percent of the 170 Financial Times Stock Exchange (FTSE) REITs currently being traded. It is useful to look at shorter-term and longer-term returns to determine trends. July returns for equity REITs were essentially flat versus their June performance., but our June all-stars, the Industrial and Lodging/Resorts sectors, took a dive in July, down -5.38 percent and -4.86 percent, respectively, versus the prior month , though the Industrials still had a positive month at 2.08 [...]