Category: Domestic REIT News

There has been much talk in the press about how investors remain on the sidelines, fearful of the big swoons in equity prices they saw around the financial crisis. This is not irrational. The prospect of financial ruin is real… read more.

Q1 REIT Earnings Scorecard 60% greater than consensus 23% met consensus 17% missed consensus With about two-thirds of shopping center REITs having released earnings thus far, one trend that has become apparent is the return of the grocery anchored strip… read more.

Q1 REIT Earnings Tally: Exceeded Expectations – 22 In-line with Expectations - 8 Missed Consensus – 5 There have not been many big misses with most at or above consensus estimates. Within the multifamily space, management teams have continued to remain… read more.

With most innovative trends, Corporate America is typically late to the party. In a recent Wall Street Journal article titled, “Warming Up to the Officeless Office” (April 17, 2012), it discussed the adoption of flexible office space by traditional companies… read more.

As a follow-up to our recent blog listing questions heading into the Citi CEO Conference, the research team has provided some answers and highlighted sector observations from their meetings with management. Hotels • Too early to tell if REVPAR growth… read more.

The Adelante Investment Team will be attending the annual Citi Global CEO Conference inWest Palm Beachnext week.  In preparation, we thought it would be helpful to highlight some of the questions we hope to get answered during our management meetings…. read more.

A recent story in the Wall Street Journal (“Corporate Cram Bedevils Office Recovery,” 2/29/12) spoke of an increasing trend among office users looking for greater efficiency in the use of their space. This trend has been on-going for a number of… read more.

As we turn the page on 4th quarter earnings for the twelve listed apartment companies, the debate continues as to whether or not 2012 will be a good year. Operating results for the 4th quarter remained solid and came in… read more.

The Labor Department released its monthly Employment Situation report this morning.  Flying in the face of the expectations voiced by many economic pundits, the picture painted in the report was “unambiguously good,” as characterized by Kurt Rankin, economist with PNC Financial… read more.

With January, comes a deluge of “sell-side” notes predicting their return outlooks for the coming year.  Today, we proffer a few thoughts on the process of projecting total returns and review consensus expectations.    Warren Buffet, in a Jan 19,… read more.