Keepin' It Real 

Economics, Housing, & Commercial Real Estate Analysis

1/1
Housing100logo.png
ETF express.png
  • Alex Pettee, CFA

REITs Resume Rebound [Daily Recap]

  • U.S. equity markets gained for the fourth day out of the past five on encouraging developments in the battle against coronavirus despite the formal extension of social-distancing guidelines through April.

  • Following the best week since 2009, the S&P 500 added another 3.3% to last week's 10.8% gains while the Dow Jones added another 690 points following last week's 2,500-point rally.

  • Adding to gains of more than 16% last week, the broad-based commercial Real Estate ETFs gained 2.2% on the day despite another rough day by the retail REITs.

  • Will the rent get paid? That's the question on the minds of analysts and investors amid these wholly unprecedented shutdowns. Retail REITs and commercial mortgage REITs appear most at-risk.

  • Homebuilders and Residential REITs scored a key win this weekend amid the ongoing coronavirus-related economic shutdowns. Home construction projects will be permitted to continue work across much of the country.

Real Estate Daily Recap

U.S. equity markets gained for the fourth day out of the past five on encouraging developments in the battle against coronavirus despite the formal extension of the Federal social-distancing guidelines through the end of April. Coming off the best week for stocks since 2009, the S&P 500 ETF(SPY) added another 3.3% to last week's 10.8% gains while the Dow Jones Industrial Average(DIA) added another 690 points following last weeks' 2,500 point rally. Following gains of more than 16% last week, the broad-based commercial Real Estate ETF(VNQ) gained 2.2% on the day led to the upside by the data center, cell tower, and industrial REIT sectors. Erasing strong gains last week, however, Mortgage REITs(REM) dipped 9.0% following updates from a handful of mREITs as the troubled sector is not out of the woods quite yet.

Click here to read the full report on Seeking Alpha!

  • Facebook Social Icon
  • Twitter Social Icon
  • LinkedIn Social Icon

Hoya Capital Real Estate, LLC

Invest@HoyaCapital.com

(833) HOYA-CAP

Hoya Capital Real Estate ("Hoya Capital") is an SEC-registered investment advisory firm that provides investment management services to ETFs, individuals, and institutions, focusing on portfolio and index management of publicly traded securities in the real estate industry. It is not possible to invest directly in an index. Index performance cited in this website or commentary does not reflect the performance of any fund or other account managed or serviced by Hoya Capital Real Estate. Nothing on this site nor any published commentary by Hoya Capital is intended to be investment, tax, or legal advice or an offer to buy or sell securities. Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and should not be considered a complete discussion of all factors and risks. Data quoted represents past performance, which is no guarantee of future results. Investing involves risk. Loss of principal is possible. Investments in companies involved in the real estate and housing industries involve unique risks, as do investments in ETFs, mutual funds, and other securities. Hoya Capital has no business relationship with any company discussed/mentioned. Hoya Capital never receives compensation from any company discussed/mentioned. Hoya Capital, its affiliate, and/or its clients and/or its employees may hold positions in securities or funds discussed on this website and our published commentary. A complete list of holdings and other important disclosures and definitions are available by clicking the links below.

Privacy Policy 

 Client Relationship Summary 

Hoya Capital's ADV Part 2

Important Disclosures, Definitions, & List of Holdings 

Seeking-Alpha-Logo.png

The Easy Way To Invest In Real Estate