RMRM News and Press, RMR Mortgage Trust From 12/07/20

As the year is starting to wind down, I wanted to take an updated look at what distribution changes happened throughout the year. We had previously done this for a more specific time frame; the time frame of the pandemic to shortly after in June. Again, I'm surprised at how resili...

Canadian home sales dipped 0.7% MoM in Oct, still marked a record level for activity. Decline in average home prices driven lower prices in B.C. and Ontario. Possibility of more widespread lockdowns could add further downward pressure to home sales. For further details see: ...

U.S. equity markets delivered a mixed week as optimism about forthcoming coronavirus vaccines and stellar housing market data was negated by mounting concerns over cascading coronavirus-induced economic shutdowns. While the large-cap indexes posted declines on the week, small-cap...

Sales of existing homes rose 4.3 percent in October to a 6.85 million seasonally-adjusted annual rate. Sales are now up 26.6 percent from a year ago and are at the highest level since November 2005. Sales in the market for existing single-family homes, which account for around 90 ...

The COVID-19 pandemic has impacted real estate in many ways. But the question for investors in the space is whether the changes it has instigated will be longer-lasting ones. Our Head of Equities Stephen Dover and David Gilbert, CEO and Chief Investment Officer of Clarion Partners...

Simon Property Group and Brookfield Property Partners obtained approval from bankruptcy court this week to buy the retail and operating assets of J. C. Penney, which had filed for bankruptcy in May. If Simon and Brookfield hadn't stepped in, J. C. Penney might have been liquidated. ...

Redeemed $16.7 Million Aggregate Liquidation Preference of ARPS RMR Mortgage Trust (Nasdaq: RMRM) today announced that it completed its previously announced redemption of all of its issued and outstanding auction rate preferred shares (“ARPS”). The company ...

For cannabis legislation, worth focusing less on presidential election, more on the Senate. Majority of Americans support cannabis legalization - what other topic has such unified opinion? So asks Anthony Coniglio, CEO of NewLake Capital, cannabis real-estate investment vehicle with t...

Almost every asset is liquid in a bull market. Only the highest quality assets are liquid in a bear market. For many classes of real estate in this Covid-19 environment, particularly offices and retail, cash flow is depressed, and some can't pay their debt obligations. Given that ...

The next time you hear someone in the media saying the housing market will never go down again because of an “inventory shortage,” it may be worth questioning their view. It is crucial to understand the data’s calculation to derive its real meaning. The proble...