RIF News and Press, RMR Mortgage Trust Com From 05/20/20

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! ...

Introduction Housing, as I have written many times, is a long leading indicator, giving a glimpse of the direction of the economy one year and more out. As such, the April report on housing permits and starts, released yesterday morning, sets the baseline both for the impact of the coronavir...

Real Estate Weekly Outlook U.S. equity markets reversed last week's gains after Congressional leaders and Federal officials pushed back on plans to end government-mandated lockdowns despite mounting scientific evidence calling into question its effectiveness and amid indications - in...

Annual Meeting of Shareholders still to be held on May 22, 2020 at 9:30 a.m. RMR Real Estate Income Fund (NYSE American: RIF) announced today that its annual meeting of shareholders scheduled for May 22, 2020 (the “Annual Meeting”) will be held by Internet webcast in or...

Real Estate Weekly Outlook The rebound continued for U.S. equity markets this week despite another brutal week of unemployment data that showed that more than 33 million Americans - a fifth of the workforce - have filed for unemployment claims in the last seven weeks as the coronavirus-rel...

With some 95% of those in office towers working from home over the past 6 weeks, the pandemic has given an opportunity to test decentralized work arrangements in real-time. Many companies, especially in the service sector, have been pleasantly surprised and are now envisioning cost-saving work...

REIT Rankings: Shopping Centers In our REIT Rankings series, we introduce and update readers to each of the residential and commercial real estate sectors. We focus on sector-level fundamentals, analyzing supply and demand conditions and macroeconomic factors driving underlying performan...

Original Post Editor's Note: The summary bullets for this article were chosen by Seeking Alpha Read more ...

By John Corcoran, Senior Client Portfolio Manager Looking forward, when markets stabilize, we see some potential tailwinds for residential REITs. The coronavirus outbreak and OPEC price war has punished risk asset prices, and real estate investment trusts (REITs) are no exception. ...