Economics, Housing, & Commercial Real Estate Analysis

Keepin' It Real 

Apartment REITs
Homebuilders 1.png
Data Center REITs
Mall REITs
Net Lease REITs
Hotel REITs
Single Family Rental REITs
Mobile Home REITs
Healthcare REITs
prison REITs overview.png
Housing100logo.png
  • Alex Pettee, CFA

REITs Retreat Amid Reopening Resistance

  • 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 an unprecedented surge in joblessness.

  • Jobless Claims data this week showed that one-fifth of the American workforce is now unemployed, at least temporarily, while Retail Sales data showed a historic plunge as the "retail-casualties" mount.

  • The momentum faded this week for real estate equities after two weeks of solid gains amid a generally stronger-than-expected earnings season in which most REITs reported strong rent collection metrics.

  • Nearly a third of the equity REIT sector and the vast majority of mortgage REITs have suspended or reduced their dividend since the start of the pandemic as some small-cap retail and hotel REITs are in a fight for survival.

  • There were glimmers of strength amid an otherwise bleak slate of economic data. Redfin noted that home-buying demand has "come roaring back" and is now 5.5% higher than it was pre-pandemic.

To continue reading, click here to visit 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