DRN News and Press, Direxion Daily Real Estate Bull 3x Shares From 04/12/23

2023-04-12 10:00:00 ET Summary 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 ...

2023-04-09 09:00:00 ET Summary 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 adv...

2023-04-04 10:00:00 ET Summary 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 r...

2023-04-04 05:16:00 ET Summary The way we understand the tech economy is changing dramatically. While we can’t be sure if it is or is not too soon to enter the highest-quality REIT space, we know for sure it is not too late. Near-term challenges create volatility; long-...

2023-04-02 09:00:00 ET Summary 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, th...

2023-03-29 10:40:00 ET Summary The apartment sector remains among the strongest within commercial real estate. Despite an overall pause in sales activity and availability of debt capital affecting all property sectors, investor interest and liquidity has remained strong on a relative ...

2023-03-29 10:00:00 ET Summary 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 lan...

2023-03-26 09:00:00 ET Summary U.S. equity markets posted gains while benchmark interest rates dipped to the lowest levels of the year as lingering financial stability concerns cast doubt on the Fed's economic and interest-rate projections. Posting a second-straight week of gains ...

2023-03-23 15:21:09 ET Direxion Daily MSCI Real Estate Bull 3X Shares ( NYSEARCA: DRN ) - $0.0940 . Payable Mar 28; for shareholders of record Mar 22; ex-div Mar 21. For further details see: Direxion Daily MSCI Real Estate Bull 3X Shares declares quarterly distri...

2023-03-22 11:00:00 ET Summary 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 f...