LRET News and Press, UBS AG ZC SP ETN REDEEM 05/05/2045 USD 25 From 07/20/20

During week 29 (July 13-17), U.S. equity REITs managed to register positive returns, but once again failed to outperform the S&P 500. The broader Vanguard Real Estate ETF ( VNQ ) index increased in value by 0.7% while the S&P 500 ETF ( SPY ) gained 1.3%. Source: Verizon Media (compi...

There is a lot of discussion about the low levels of inventory for sale, as potential sellers have pulled their homes off the market or are not wanting to list their homes at the moment, waiting for the pandemic to blow over, or waiting for more certainty or whatever, or their mortgage is now ...

And this is just for April, the very beginning of the pandemic's impact on housing. OK, it's actually worse. Mortgages that are in forbearance and have not missed a payment before going into forbearance don't count as delinquent. They're reported as "current." And 8.2% of all mortgages in ...

While exposure to the real estate asset class is common in defined benefit ((DB)) plans, this has only become a more recent occurrence in defined contribution ((DC)) plans. Many target-date funds (TDFs) have now started to provide exposure to real estate through stock exchange-listed real esta...

By Eric Franco and Ajit Ketkar The COVID-19 pandemic upended what had been a healthy real estate market entering 2020. Global real estate securities, as measured by the FTSE EPRA NAREIT Developed Index, are down 21.3% for the year through June 30—trailing global equities—th...

By Robert Hughes Housing activity improved modestly in May as starts and permits posted gains. However, the results were uneven across the major regions. Nevertheless, low mortgage rates and easing lockdown restrictions are giving a boost to homebuilder confidence. Total housing starts r...

Many restaurants will not survive the lockdown phase of the coronavirus pandemic. The Souplantation/Sweet Tomatoes chain has shut down for good. Some restaurants will try to reopen but not last very long. Other small businesses, such as gyms and yoga studios, will permanently close as well. A...

By Janaki Rao and Monika Carlson As fixed-income markets have started to recover following the massive selloff and liquidity crunch in March, credit risk-transfer securities (CRTs)―agency mortgage securities not guaranteed by Fannie Mae (FNMFM) and Freddie Mac (FMCC)―...

By Robert Hughes Housing construction activity sank in April as starts fell by 30.2 percent, while new permits dropped 20.8 percent. Total housing starts dropped to 891,000 at an annual rate from a 1.276 million pace in March, the slowest pace since February 2015. The dominant single-famil...

Originally published on May 18, 2020 The disaster came in two phases: first, the brick-and-mortar meltdown, then COVID-19. Retail property REITs had a huge day in the stock market on Monday. The WOLF STREET market cap-weighted index of nine REITs in this space surged 12.4% on the day! ...