USRT News and Press, iShares Core U.S. REIT From 04/17/23

2023-04-17 11:48:47 ET Summary The REIT sector fell again in March with a -6.11% total return. Large cap (-1.99%) and mid cap (-4.56%) REITs saw modestly negative total returns in March, while small caps (-6.76%) and micro caps (-15.50%) were deeper in the red. Only 21.25% of ...

2023-04-16 09:00:00 ET Summary U.S. equity markets finished broadly higher this past week after a critical slate of inflation data provided further evidence of a definitive cool-down in inflationary pressures. After narrowly snapping a three-week winning streak in the prior week, ...

2023-04-15 02:25:00 ET Summary One of the recurring themes I’ve focused on in recent years is the inherently long nature of a credit bust cycle like the one we’ve been experiencing since 2021. The commercial real estate market is just one piece of a much larger overa...

2023-04-13 02:25:00 ET Summary Exacerbated by the recent banking crisis, sentiment around commercial real estate (CRE) has turned so weak that these assets are almost perceived to be uninvestible. However, the CRE market has been no stranger to distress since the Global Financial ...

2023-04-13 02:23:00 ET Summary The Consumer Price Index for March was marked by plunging energy prices and surging services prices. Core CPI jumped by 5.6% year over year, hotter than the 5.5% increase in the prior month, and the first year-over-year increase since September. ...

2023-04-12 22:30:00 ET Summary Headline inflation is now running at about a 3.5-4% rate, not the 5% rate cited by most news sources today. If Owners' Equivalent Rent continues to moderate, as it almost undoubtedly will, headline inflation will all but vanish in coming months. ...

2023-04-12 13:49:00 ET Summary The rising interest rate environment was already weighing on the outlook for construction activity, but the recent stresses in the US and European banking sectors have added to fears that lenders will increasingly step back. The US looks especially v...

2023-04-11 05:30:00 ET Summary As long as banks have existed, banks have failed, just like other companies have failed, even the most splendid ones. Special servicing rates are a precursor for potential defaults for CRE mortgages that have been securitized into CMBS. CRE is un...

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...

2023-04-06 09:40:00 ET Summary Coming out of January 2023's improvement, we had anticipated lower mortgage rates recorded in February 2023 would lead to a lower median new home's mortgage payment. After dipping to a revised 39.3% in January 2023, the mortgage payment for a median ...