NEWS AND UPDATES
Market Commentary | May 20, 2026
Higher for Longer
The direction of interest rates has, for an extended time, played a significant role in discussions of economics and investment. Here is where we stood this morning.
The State of REITs: May 2026 Edition
The REIT sector roared back into positive territory after a very brutal March. REITs averaged a remarkable 8.9% April gain and now have a +6.31% year-to-date total return. Small cap REITs (+11.35%) soared in April as large caps (+9.05%) and mid caps (+8.13%) also saw...
Suitable Investors
If you were to ask, “Who is the ideal client for 2nd Market Capital Advisory?”, our immediate answer would be, “Anyone”. After all, we have long held that REITs TOUCH EVERY ECONOMIC SECTOR, and we know REITs well. Attempting to be less glib, we will, from time to...
The State of REITs: April 2026 Edition
Despite strong January and February gains, the REIT sector plunged into negative year-to-date territory (-2.22%) by quarter end as REITs aggressively sold off during a rough March (-7.52%). Small cap REITs (-5.65%) saw the least severe average negative returns in...
Market Commentary | April 21, 2026
In Through the Out Door
In the last two months’ market commentaries, we expressed optimism despite formidable headwinds and a general lack of macroeconomic clarity. This month, our perspective continues brighter with a marked pickup in M&A activity and growing market enthusiasm for REIT IPOs.
REIT Total Return: Heading into 2Q26
2026 began with a return to value investing. Many of the highfliers sold off materially while money poured back into value sectors like REITs. At the end of February, REITs were up substantially with the broader markets, and particularly momentum tech cooling off. ...
Market Commentary | March 20, 2026
Mitigating Volatility REITs won in February. As blind enthusiasm for everything AI evolved into a sober consideration of Return on Invested Capital (ROIC), investors began recycling funds from nose-bleed tech valuations into bread-and-butter staple valuations,...
The State of REITs: March 2026 Edition
After a solid January performance, the REIT sector recovery gained steam in February with a stronger +3.70% return. Large cap REITs (+5.80%) led the REIT sector in February with strong gains from mid caps (+5.26%) and small caps (+4.94%). Micro caps (-6.12%) badly...
Market Commentary | February 20, 2026
Capturing Market Rotation in 3D
The shiny investments have lost some luster here at the start of 2026. With Bitcoin trading at roughly half its earlier highs, crypto no longer looks like a sure thing.
The State of REITs: February 2026 Edition
The REIT sector rebounded from a rough 2025 (-3.57%) by starting off 2026 in the black (+1.09%). Small cap REITs (+3.27%) outperformed in January, followed by solid gains from mid caps (+2.65%) and large caps (+2.35%). Micro caps, however, had a dismal start to the...