Market Commentary | September 11, 2026

by | Sep 14, 2026 | Market Commentary

Where the Action Is

Two related topics have come to heavily influence our investment decisions in recent years.  One is the level and direction of interest rates. The second is the environment for Merger and Acquisition activity in the real estate/infrastructure universe.

Market Commentary | August 24, 2026

by | Aug 25, 2026 | Market Commentary

Maintaining a Full-Spectrum View on Investment Themes

While we never deviate too far from our real estate focus, we sometimes get more excited about a particular sector’s pricing trend. Is it expensive or cheap? How can we participate?

Market Commentary | July 20, 2026

by | Jul 21, 2026 | Market Commentary

Forecasting Future Growth

The broader stock market performed well in the first six months of 2026. More importantly, for the first time in a long time, REITs (VNQ) delivered in equal measure with the NASDAQ Composite, S&P 500, and the Dow Jones Industrial.

Market Commentary | June 16, 2026

by | Jun 17, 2026 | Market Commentary

Market Commentary | June 16, 2026 Portfolio Shuffle For more than 3 years, we have forecast that shopping center REITs are poised for outperformance. Well, like the broken clock that’s always right twice a day, this year our prognostication came true and stuck. After...