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# 2nd Market Capital Advisory Corp

REITsTouch Every Economic Sector

## Sitemaps

- [XML Sitemap](https://www.2ndmarketcapital.com/sitemap.xml): Contains all public & indexable URLs for this website.

## Posts

- [Market Commentary | August 24, 2026](https://www.2ndmarketcapital.com/2026/08/25/market-commentary-august-24-2026/) - 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?
- [The State of REITs: August 2026 Edition](https://www.2ndmarketcapital.com/2026/08/21/the-state-of-reits-august-2026-edition/) - After strong gains during each month of the 2nd quarter, REITs dropped back slightly in July with an average return of -0.49%. REITs outperformed the NASDAQ (-3.2%) but fell short of the S&P 500 (-0.1%) and the Dow Jones Industrial Average (+0.4%). Year-to-date REITs are outperforming the broader market with an average return of +13.81% compared to smaller gains from the Dow (+10.2%), S&P 500 (+10.1%) and NASDAQ (+9.5%).
- [REIT Total Return Portfolio Update: 10-year Anniversary](https://www.2ndmarketcapital.com/2026/07/24/reit-total-return-portfolio-update-10-year-anniversary/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”54px|0px|3px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_post_title comments=”off” admin_label=”Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”2px|0px|0px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″
- [Market Commentary | July 20, 2026](https://www.2ndmarketcapital.com/2026/07/21/market-commentary-july-20-2026/) - 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.
- [The State of REITs: July 2026 Edition](https://www.2ndmarketcapital.com/2026/07/15/the-state-of-reits-july-2026-edition/) - REITs are now on a 3-month winning streak, adding another +3.08% average return in June and reaching a +13.66% total return over the first half of 2026.
- [The State of REITs: June 2026 Edition](https://www.2ndmarketcapital.com/2026/06/17/the-state-of-reits-june-2026-edition/) - [et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Section” _builder_version=”4.16″ transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_fullwidth_post_title comments=”off” admin_label=”Fullwidth Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” text_orientation=”center” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”1px|0px|1px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” module_class=” et_pb_row_fullwidth” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”89%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|desktop” max_width=”89%” max_width_tablet=”80%” max_width_phone=”80%” max_width_last_edited=”on|desktop” make_fullwidth=”on” use_custom_width=”off”
- [Market Commentary | June 16, 2026](https://www.2ndmarketcapital.com/2026/06/17/market-commentary-june-16-2026/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”54px|0px|3px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_post_title date=”off” categories=”off” comments=”off” admin_label=”Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”2px|0px|0px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row
- [Using Pareto Upgrades to Grow Yield on Invested Capital](https://www.2ndmarketcapital.com/2026/05/28/using-pareto-upgrades-to-grow-yield-on-invested-capital/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”54px|0px|3px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_post_title comments=”off” admin_label=”Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”0px|0px|7px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″
- [The State of REITs: May 2026 Edition](https://www.2ndmarketcapital.com/2026/05/21/the-state-of-reits-may-2026-edition/) - [et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Section” _builder_version=”4.16″ hover_enabled=”0″ transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}” sticky_enabled=”0″][et_pb_fullwidth_post_title comments=”off” admin_label=”Fullwidth Post Title” _builder_version=”4.27.4″ parallax=”on” parallax_method=”off” text_orientation=”center” hover_enabled=”0″ parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}” sticky_enabled=”0″ categories=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”1px|0px|1px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” module_class=” et_pb_row_fullwidth” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”89%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|desktop” max_width=”89%”
- [Market Commentary | May 20, 2026](https://www.2ndmarketcapital.com/2026/05/21/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.
- [Suitable Investors](https://www.2ndmarketcapital.com/2026/05/11/suitable-investors/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”54px|0px|3px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_post_title date=”off” categories=”off” comments=”off” admin_label=”Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”2px|0px|0px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row
- [The State of REITs: April 2026 Edition](https://www.2ndmarketcapital.com/2026/04/23/the-state-of-reits-april-2026-edition/) - [et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Section” _builder_version=”4.16″ transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_fullwidth_post_title comments=”off” admin_label=”Fullwidth Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” text_orientation=”center” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”1px|0px|1px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” module_class=” et_pb_row_fullwidth” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”89%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|desktop” max_width=”89%” max_width_tablet=”80%” max_width_phone=”80%” max_width_last_edited=”on|desktop” make_fullwidth=”on” use_custom_width=”off”
- [Market Commentary | April 21, 2026](https://www.2ndmarketcapital.com/2026/04/22/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](https://www.2ndmarketcapital.com/2026/04/16/reit-total-return-heading-into-2q26/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”54px|0px|3px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_post_title comments=”off” admin_label=”Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”2px|0px|0px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″
- [Market Commentary | March 20, 2026](https://www.2ndmarketcapital.com/2026/03/20/market-commentary-march-20-2026/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”54px|0px|3px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_post_title date=”off” categories=”off” comments=”off” admin_label=”Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”2px|0px|0px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row
- [The State of REITs: March 2026 Edition](https://www.2ndmarketcapital.com/2026/03/19/the-state-of-reits-march-2026-edition/) - [et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Section” _builder_version=”4.16″ transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_fullwidth_post_title comments=”off” admin_label=”Fullwidth Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” text_orientation=”center” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”1px|0px|1px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” module_class=” et_pb_row_fullwidth” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”89%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|desktop” max_width=”89%” max_width_tablet=”80%” max_width_phone=”80%” max_width_last_edited=”on|desktop” make_fullwidth=”on” use_custom_width=”off”
- [Market Commentary | February 20, 2026](https://www.2ndmarketcapital.com/2026/02/23/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](https://www.2ndmarketcapital.com/2026/02/23/the-state-of-reits-february-2026-edition/) - [et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Section” _builder_version=”4.16″ transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_fullwidth_post_title comments=”off” admin_label=”Fullwidth Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” text_orientation=”center” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”1px|0px|1px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” module_class=” et_pb_row_fullwidth” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”89%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|desktop” max_width=”89%” max_width_tablet=”80%” max_width_phone=”80%” max_width_last_edited=”on|desktop” make_fullwidth=”on” use_custom_width=”off”
- [REIT Total Return: Full Portfolio Review Heading into 2026](https://www.2ndmarketcapital.com/2026/01/22/reit-total-return-full-portfolio-review-heading-into-2026/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”54px|0px|3px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_post_title comments=”off” admin_label=”Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”2px|0px|0px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″
- [Market Commentary | January 16, 2026](https://www.2ndmarketcapital.com/2026/01/17/market-commentary-january-16-2026/) - Looking Back to Gain a Better Look Forward As a matter of housekeeping, every fall investors work to prudently minimize their tax liabilities by washing their current year realized gains by “harvesting” tax losses with the sale of assets that have declined in market value. Unfortunately, the stocks we see as having the most potential are often the best tax-loss sale candidates. To mitigate this conflict and stay fully invested, we need to identify issues that have a chance of producing similar upside as the issues we are selling.
- [The State of REITs: January 2026 Edition](https://www.2ndmarketcapital.com/2026/01/15/the-state-of-reits-january-2026-edition/) - [et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Section” _builder_version=”4.16″ transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_fullwidth_post_title comments=”off” admin_label=”Fullwidth Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” text_orientation=”center” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”1px|0px|1px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” module_class=” et_pb_row_fullwidth” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”89%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|desktop” max_width=”89%” max_width_tablet=”80%” max_width_phone=”80%” max_width_last_edited=”on|desktop” make_fullwidth=”on” use_custom_width=”off”
- [Americold Gets Cheap Enough to be Interesting](https://www.2ndmarketcapital.com/2025/10/07/americold-gets-cheap-enough-to-be-interesting/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”54px|0px|3px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_post_title comments=”off” admin_label=”Post Title” _builder_version=”4.27.4″ parallax=”on” parallax_method=”off” hover_enabled=”0″ parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}” sticky_enabled=”0″] [/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”2px|0px|0px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row
- [Are There Still Opportunities Available in a Stock Market at an All-Time High?](https://www.2ndmarketcapital.com/2026/01/05/are-there-still-opportunities-available-in-a-stock-market-at-an-all-time-high/) - The NASDAQ, S&P500, and Dow Jones Industrial Average surged to all-time highs again and again and again during 2025. While some portion of those gains was warranted by earnings growth, much of the surge was fueled by multiple expansion. The Shiller PE Ratio just rose above 40 for only the 2nd time in history and is very close to an all-time high.
- [Market Commentary | December 23, 2025](https://www.2ndmarketcapital.com/2025/12/26/market-commentary-december-23-2025/) - A Time for Continued Patience when Impatience Steps to the Fore On December 17th, the Fed delivered its third rate cut of 2025. Frustratingly, the 10Y Treasury yield remains stuck above 4%, so the long-awaited macroeconomic relief that real estate investors feel they need has yet to arrive. We’ve been so patient, too.
- [The State of REITs: December 2025 Edition](https://www.2ndmarketcapital.com/2025/12/12/the-state-of-reits-december-2025-edition/) - [et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Section” _builder_version=”4.16″ transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_fullwidth_post_title comments=”off” admin_label=”Fullwidth Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” text_orientation=”center” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”1px|0px|1px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” module_class=” et_pb_row_fullwidth” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”89%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|desktop” max_width=”89%” max_width_tablet=”80%” max_width_phone=”80%” max_width_last_edited=”on|desktop” make_fullwidth=”on” use_custom_width=”off”
- [Market Commentary | November 27, 2025](https://www.2ndmarketcapital.com/2025/12/01/market-commentary-november-27-2025/) - Watching Investment Bubbles Deflating Over the last couple of years, the only thing that has exceeded the magnitude of Artificial Intelligence’s (AI) potential is the Fear of Missing out (FOMO) driven frenzy to invest in AI. Evidence that the mania might be peaking came with the 09/30/25 IPO of Fermi Inc. (FRMI), a REIT start-up that is “pioneering the development of next-generation electric grids that deliver highly redundant power at gigawatt scale, required to create next-generation artificial intelligence.”
- [The State of REITs: November 2025 Edition](https://www.2ndmarketcapital.com/2025/11/19/the-state-of-reits-november-2025-edition/) - [et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Section” _builder_version=”4.16″ transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_fullwidth_post_title comments=”off” admin_label=”Fullwidth Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” text_orientation=”center” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”1px|0px|1px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” module_class=” et_pb_row_fullwidth” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”89%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|desktop” max_width=”89%” max_width_tablet=”80%” max_width_phone=”80%” max_width_last_edited=”on|desktop” make_fullwidth=”on” use_custom_width=”off”
- [Market Commentary | October 22, 2025](https://www.2ndmarketcapital.com/2025/10/24/market-commentary-october-22-2025/) - Changes Since 2018, Simon Bowler has produced the data-laden report, which we call The State of REITs, monthly (it’s published elsewhere but resides on the 2MC website for your easy access). Early in the process of gathering numbers for the October edition, he noted that the long-observed higher multiples in favor of large caps had broken, and that shares were now trading more independently of size. Looking closer, it got stranger still.
- [Quick Guide to Financial Wellbeing](https://www.2ndmarketcapital.com/2025/10/17/quick-guide-to-financial-wellbeing/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”54px|0px|3px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_post_title date=”off” categories=”off” comments=”off” admin_label=”Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”2px|0px|0px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row
- [RTR: Full Portfolio Review heading into 4Q25](https://www.2ndmarketcapital.com/2025/10/16/rtr-full-portfolio-review-heading-into-4q25/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”54px|0px|3px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_post_title comments=”off” admin_label=”Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”2px|0px|0px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″
- [The State of REITs: October 2025 Edition](https://www.2ndmarketcapital.com/2025/10/13/the-state-of-reits-october-2025-edition/) - [et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Section” _builder_version=”4.16″ transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_fullwidth_post_title comments=”off” admin_label=”Fullwidth Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” text_orientation=”center” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”1px|0px|1px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” module_class=” et_pb_row_fullwidth” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”89%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|desktop” max_width=”89%” max_width_tablet=”80%” max_width_phone=”80%” max_width_last_edited=”on|desktop” make_fullwidth=”on” use_custom_width=”off”
- [Recent Reads | Frostbite](https://www.2ndmarketcapital.com/2025/10/07/recent-reads-frostbite/) - Like most good cities, Madison sponsors an annual book festival. Last year’s program included fiction and non-fiction from local, national, and international authors, and my favorite event was the presentation by Nicola Twilley, author of Frostbite.
- [Supply and Demand](https://www.2ndmarketcapital.com/2025/09/30/supply-and-demand/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”54px|0px|3px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_post_title comments=”off” admin_label=”Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}” theme_builder_area=”post_content”] [/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”0px|0px|7px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px”
- [Market Commentary | September 18, 2025](https://www.2ndmarketcapital.com/2025/09/19/market-commentary-september-18-2025/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”54px|0px|3px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_post_title date=”off” categories=”off” comments=”off” admin_label=”Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”2px|0px|0px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row
- [The State of REITs: September 2025 Edition](https://www.2ndmarketcapital.com/2025/09/17/the-state-of-reits-september-2025-edition/) - [et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Section” _builder_version=”4.16″ transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_fullwidth_post_title comments=”off” admin_label=”Fullwidth Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” text_orientation=”center” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”1px|0px|1px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” module_class=” et_pb_row_fullwidth” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”89%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|desktop” max_width=”89%” max_width_tablet=”80%” max_width_phone=”80%” max_width_last_edited=”on|desktop” make_fullwidth=”on” use_custom_width=”off”
- [Market Commentary | August 24, 2025](https://www.2ndmarketcapital.com/2025/08/27/market-commentary-august-24-2025/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”54px|0px|3px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_post_title date=”off” categories=”off” comments=”off” admin_label=”Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”2px|0px|0px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row
- [The State of REITs: August 2025 Edition](https://www.2ndmarketcapital.com/2025/08/19/the-state-of-reits-august-2025-edition/) - [et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Section” _builder_version=”4.16″ transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_fullwidth_post_title comments=”off” admin_label=”Fullwidth Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” text_orientation=”center” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”1px|0px|1px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” module_class=” et_pb_row_fullwidth” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”89%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|desktop” max_width=”89%” max_width_tablet=”80%” max_width_phone=”80%” max_width_last_edited=”on|desktop” make_fullwidth=”on” use_custom_width=”off”
- [Market Commentary | July 29, 2025](https://www.2ndmarketcapital.com/2025/07/30/market-commentary-july-29-2025/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”54px|0px|3px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_post_title date=”off” categories=”off” comments=”off” admin_label=”Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”2px|0px|0px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row
- [RTR Portfolio Review: Investing in clean business models at a discount](https://www.2ndmarketcapital.com/2025/07/25/rtr-portfolio-review-investing-in-clean-business-models-at-a-discount/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”54px|0px|3px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_post_title comments=”off” admin_label=”Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”2px|0px|0px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″
- [The State of REITs: July 2025 Edition](https://www.2ndmarketcapital.com/2025/07/23/the-state-of-reits-july-2025-edition/) - [et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Section” _builder_version=”4.16″ transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_fullwidth_post_title comments=”off” admin_label=”Fullwidth Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” text_orientation=”center” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”1px|0px|1px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” module_class=” et_pb_row_fullwidth” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”89%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|desktop” max_width=”89%” max_width_tablet=”80%” max_width_phone=”80%” max_width_last_edited=”on|desktop” make_fullwidth=”on” use_custom_width=”off”
- [Recent Reads | What Went Wrong with Capitalism](https://www.2ndmarketcapital.com/2025/07/04/recent-reads-what-went-wrong-with-capitalism/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.27.4″ custom_padding=”54px|0px|3px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_post_title categories=”off” comments=”off” admin_label=”Post Title” _builder_version=”4.27.4″ title_font_size=”24px” parallax=”on” parallax_method=”off” link_option_url=”https://www.amazon.com/Who-Government-Untold-Public-Service/dp/B0DHZ2ZXPM” link_option_url_new_window=”on” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”2px|0px|0px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px”
- [The State of REITs: June 2025 Edition](https://www.2ndmarketcapital.com/2025/06/24/the-state-of-reits-june-2025-edition/) - [et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Section” _builder_version=”4.16″ transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_fullwidth_post_title comments=”off” admin_label=”Fullwidth Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” text_orientation=”center” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”1px|0px|1px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” module_class=” et_pb_row_fullwidth” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”89%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|desktop” max_width=”89%” max_width_tablet=”80%” max_width_phone=”80%” max_width_last_edited=”on|desktop” make_fullwidth=”on” use_custom_width=”off”
- [Market Commentary | June 20, 2025](https://www.2ndmarketcapital.com/2025/06/23/market-commentary-june-20-2025/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”54px|0px|3px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_post_title date=”off” categories=”off” comments=”off” admin_label=”Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”2px|0px|0px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row
- [UMH Properties' Fundamentals Look Strong](https://www.2ndmarketcapital.com/2025/06/23/umh-properties-fundamentals-look-strong/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”54px|0px|3px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_post_title date=”off” categories=”off” comments=”off” admin_label=”Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”2px|0px|0px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row
- [Recent Reads | The Code Breaker](https://www.2ndmarketcapital.com/2025/06/03/recent-reads-the-code-breaker/) - Back in May, it would have been easy to believe I was reading science fiction when I saw the Wall Street Journal report about a newborn whose life was saved by a bespoke gene-editing therapy. It wasn’t science fiction; it was applied science of the CRISPR technology that corrected a genetic mutation that left the baby unable to produce enzymes necessary to properly digest proteins.
- [The State of REITs: May 2025 Edition](https://www.2ndmarketcapital.com/2025/05/27/the-state-of-reits-may-2025-edition/) - [et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Section” _builder_version=”4.16″ transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_fullwidth_post_title comments=”off” admin_label=”Fullwidth Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” text_orientation=”center” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”1px|0px|1px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” module_class=” et_pb_row_fullwidth” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”89%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|desktop” max_width=”89%” max_width_tablet=”80%” max_width_phone=”80%” max_width_last_edited=”on|desktop” make_fullwidth=”on” use_custom_width=”off”
- [REIT Lost Decade: The Long-tail Effect of Market Manipulation](https://www.2ndmarketcapital.com/2025/05/23/reit-lost-decade-the-long-tail-effect-of-market-manipulation/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”54px|0px|3px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_post_title categories=”off” comments=”off” admin_label=”Post Title” _builder_version=”4.27.4″ parallax=”on” parallax_method=”off” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”2px|0px|0px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row”
- [Recent Reads | Source Code: My Beginnings](https://www.2ndmarketcapital.com/2025/05/15/recent-reads-source-code-my-beginnings/) - If you are younger than 80, it is likely that much of your work and personal communications experience has been shaped by the products of Microsoft Corporation (MSFT). It may have started with early versions of MS-DOS, transitioned to Windows, limited exposure to the recently demised Skype, carries on with LinkedIn, and now ChatGPT. Microsoft is the air we breathe.
- [Recent Reads | Who is Government? The Untold Story of Public Service](https://www.2ndmarketcapital.com/2025/05/07/recent-reads-who-is-government/) - It seems I am one of the legions of readers who devour anything Michael Lewis writes the moment it is published. He started with Liar’s Poker back in 1989 but really gained a following with the publication of the soon-to-be-hit movies Moneyball and The Blind Side.
- [Market Commentary | April 22, 2025](https://www.2ndmarketcapital.com/2025/04/23/market-commentary-april-22-2025/) - Navigating the Storm As a fundamental starting point, we try to identify sectors producing earnings growth. The next step is to discern which companies and issues within that sector present a price point of entry that optimizes returns; are the company’s earnings growing as fast, and are the shares cheaper than those of peers?
- [The State of REITs: April 2025 Edition](https://www.2ndmarketcapital.com/2025/04/22/the-state-of-reits-april-2025-edition/) - [et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Section” _builder_version=”4.16″ transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_fullwidth_post_title comments=”off” admin_label=”Fullwidth Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” text_orientation=”center” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”1px|0px|1px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” module_class=” et_pb_row_fullwidth” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”89%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|desktop” max_width=”89%” max_width_tablet=”80%” max_width_phone=”80%” max_width_last_edited=”on|desktop” make_fullwidth=”on” use_custom_width=”off”
- [REIT Total Return - Full Portfolio Review Heading into April 2025](https://www.2ndmarketcapital.com/2025/04/14/reit-total-return-full-portfolio-review-heading-into-april-2025/) - Investing through Volatile Markets Given the rapid market movement, this portfolio update will be a bit different. We will still present the portfolio's analytical data, but primarily, we want to discuss the fundamental impact, market price impact, and how the two may not always be directly related.
- [Market Commentary | March 25, 2025](https://www.2ndmarketcapital.com/2025/03/25/market-commentary-march-25-2025/) - Peak Uncertainty We always adhere to the discipline that “if the market is open, we’re here”. The objective is to spot opportunity when it appears. Since the Fed started raising interest rates in March of 2022, however, opportunity sightings seem to have grown scarce and fleeting in our universe of real estate value and growth.
- [The State of REITs: March 2025 Edition](https://www.2ndmarketcapital.com/2025/03/24/the-state-of-reits-march-2025-edition/) - [et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Section” _builder_version=”4.16″ transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_fullwidth_post_title comments=”off” admin_label=”Fullwidth Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” text_orientation=”center” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”1px|0px|1px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” module_class=” et_pb_row_fullwidth” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”89%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|desktop” max_width=”89%” max_width_tablet=”80%” max_width_phone=”80%” max_width_last_edited=”on|desktop” make_fullwidth=”on” use_custom_width=”off”
- [Market Commentary | February 24, 2025](https://www.2ndmarketcapital.com/2025/02/25/market-commentary-february-24-2025/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”54px|0px|3px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_post_title date=”off” categories=”off” comments=”off” admin_label=”Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”2px|0px|0px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row
- [The State of REITs: February 2025 Edition](https://www.2ndmarketcapital.com/2025/02/22/the-state-of-reits-february-2025-edition/) - [et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Section” _builder_version=”4.16″ transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_fullwidth_post_title comments=”off” admin_label=”Fullwidth Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” text_orientation=”center” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”1px|0px|1px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” module_class=” et_pb_row_fullwidth” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”89%” width_tablet=”80%” width_phone=”80%” width_last_edited=”on|desktop” max_width=”89%” max_width_tablet=”80%” max_width_phone=”80%” max_width_last_edited=”on|desktop” make_fullwidth=”on” use_custom_width=”off”
- [REIT Total Return - Positioning for 2025](https://www.2ndmarketcapital.com/2025/01/27/reit-total-return-positioning-for-2025/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”54px|0px|3px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_post_title comments=”off” admin_label=”Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”2px|0px|0px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″
- [The State of REITs: January 2025 Edition](https://www.2ndmarketcapital.com/2025/01/23/the-state-of-reits-january-2025-edition/) - REIT Performance December was a brutal final month of 2024 for REITs with a -6.85% average total return. REITs underperformed the broader market in the final month of the year as the Dow Jones Industrial Average (-5.1%) and S&P 500 (-2.4%) saw smaller declines while the NASDAQ (+0.6%) eked out a gain.
- [Market Commentary | January 20, 2025](https://www.2ndmarketcapital.com/2025/01/20/market-commentary-january-20-2025/) - The Bond Market Conundrum A funny thing happened during our long wait for lower interest rates. On September 18th, Jerome Powell finally began reducing short-term borrowing costs with a 50-basis point cut to the Fed Funds rate. At the time, 10y US Treasuries were yielding 3.70%.
- [The State of REITs: December 2024 Edition](https://www.2ndmarketcapital.com/2024/12/27/the-state-of-reits-december-2024-edition/) - [et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Section” _builder_version=”4.16″ transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_fullwidth_post_title comments=”off” admin_label=”Fullwidth Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” text_orientation=”center” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”1px|0px|1px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” module_class=” et_pb_row_fullwidth” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”89%” width_tablet=”80%” width_phone=”” width_last_edited=”on|desktop” max_width=”89%” max_width_tablet=”80%” max_width_phone=”” max_width_last_edited=”on|desktop” make_fullwidth=”on” use_custom_width=”off”
- [Market Commentary | December 23, 2024](https://www.2ndmarketcapital.com/2024/12/26/market-commentary-december-23-2024/) - Short Term Pain, Big Potential Gain In January I will begin my 42nd year as a professional investor. Markets are always changing but there is a generally recurring rhythm and calendar.
- [The Recapitalization of the Commercial Real Estate Sector Has Begun](https://www.2ndmarketcapital.com/2020/10/08/the-recapitalization-of-the-commercial-real-estate-sector-has-begun/) - Back in March, in a herculean effort to create liquidity, the Federal Reserve pledged a multi-trillion dollar expansion of its balance sheet through the purchase of a broad swath of securities. In September Chair Jay Powell declared that interest rates would stay at or near zero through 2023.
- [The State of REITs: October 2020 Edition](https://www.2ndmarketcapital.com/2020/10/26/the-state-of-reits-october-2020-edition/) - With September’s -4.82% average total return, the REIT sector has now seen monthly losses in 6 of the first 9 months of 2020. Year-to-date REITs have now lost an average of -24.93%. The REIT sector outperformed the NASDAQ (-8.71%) but underperformed the S&P 500 (-3.92%) and Dow Jones Industrial Average (-2.28%) in September.
- [The State of REITs: November 2020 Edition](https://www.2ndmarketcapital.com/2020/11/17/the-state-of-reits-november-2020-edition/) - With October’s -2.69% average total return, the REIT sector has now seen monthly losses in 7 of the first 10 months of 2020. Year-to-date REITs have now lost an average of -26.50%.
- [The Recapitalization of the Commercial Real Estate Sector Continues and Markets Evolve](https://www.2ndmarketcapital.com/2020/12/09/the-recapitalization-of-the-commercial-real-estate-sector-continues-and-markets-evolve/) - In September we highlighted some examples of the refinancing/recapitalization frenzy that was occurring all across the REIT sector. The trend continues.
- [Market Commentary | November 8, 2021](https://www.2ndmarketcapital.com/2021/11/08/market-commentary-november-8-2021/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”on” featured_image=”on” featured_placement=”below” parallax_effect=”on”
- [Market Commentary | December 15, 2021](https://www.2ndmarketcapital.com/2021/12/15/market-commentary-december-15-2021/) - Investor fears and anticipations were confirmed when the U.S. Bureau of Labor Statistics announced that the November 2021 Consumer Price Index rose 6.8% from the prior year period, the largest 12-month increase since June 1982. Ex food and energy, all prices were up 4.9%.
- [Market Commentary | January 18, 2022](https://www.2ndmarketcapital.com/2022/01/18/market-commentary-january-18-2022/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on”
- [The State of REITs: December 2020 Edition](https://www.2ndmarketcapital.com/2020/12/21/the-state-of-reits-december-2020-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off”
- [The State of REITs: January 2021 Edition](https://www.2ndmarketcapital.com/2021/01/20/the-state-of-reits-january-2021-edition/) - REITs continued to recover in December with a solid +3.48% average total return, but still finished the year in the red and suffered losses in 7 out of 12 months of 2020.
- [The State of REITs: November 2021 Edition](https://www.2ndmarketcapital.com/2021/12/10/the-state-of-reits-november-2021-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off”
- [The State of REITs: December 2021 Edition](https://www.2ndmarketcapital.com/2021/12/17/the-state-of-reits-december-2021-edition/) - [et_pb_section transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” admin_label=”Section” disabled=”off”][et_pb_fullwidth_post_title title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” admin_label=”Fullwidth Post Title” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off”
- [The State of REITs: January 2022 Edition](https://www.2ndmarketcapital.com/2022/01/18/the-state-of-reits-january-2022-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off”
- [Market Commentary | March 11, 2022](https://www.2ndmarketcapital.com/2022/03/11/market-commentary-march-11-2022/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on”
- [Market Commentary | April 11, 2022](https://www.2ndmarketcapital.com/2022/04/11/market-commentary-april-11-2022/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on”
- [Our Proprietary Portfolio Heading into 2nd quarter – compounding layers of advantage](https://www.2ndmarketcapital.com/2022/04/27/our-proprietary-portfolio-heading-into-2nd-quarter-compounding-layers-of-advantage/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on”
- [Switching to Offense](https://www.2ndmarketcapital.com/2022/05/18/switching-to-offense/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on”
- [The State of REITs: February 2022 Edition](https://www.2ndmarketcapital.com/2022/02/17/the-state-of-reits-february-2022-edition/) - [et_pb_section transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” admin_label=”Section” disabled=”off”][et_pb_fullwidth_post_title title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” admin_label=”Fullwidth Post Title” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”][/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off”
- [The State of REITs: March 2022 Edition](https://www.2ndmarketcapital.com/2022/03/21/the-state-of-reits-march-2022-edition/) - [et_pb_section transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” admin_label=”Section” disabled=”off”][et_pb_fullwidth_post_title title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” admin_label=”Fullwidth Post Title” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”][/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off”
- [The State of REITs: April 2022 Edition](https://www.2ndmarketcapital.com/2022/04/11/the-state-of-reits-april-2022-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%”
- [The State of REITs: May 2022 Edition](https://www.2ndmarketcapital.com/2022/05/18/the-state-of-reits-may-2022-edition/) - [et_pb_section transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” admin_label=”Section” disabled=”off”][et_pb_fullwidth_post_title title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” admin_label=”Fullwidth Post Title” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off”
- [Market Commentary | June 17, 2022](https://www.2ndmarketcapital.com/2022/06/17/market-commentary-june-17-2022/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on”
- [REIT Total Return Portfolio Heading into the 2nd half of 2022](https://www.2ndmarketcapital.com/2022/07/14/reit-total-return-portfolio-heading-into-the-2nd-half-of-2022/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on”
- [Market Commentary | July 20, 2022](https://www.2ndmarketcapital.com/2022/07/20/market-commentary-july-20-2022/) - [et_pb_section transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” admin_label=”Section” disabled=”off”][et_pb_row make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” admin_label=”Row” disabled=”off”][et_pb_column type=”4_4″ disabled=”off” parallax=”off” parallax_method=”on”][et_pb_post_title title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below”
- [Market Commentary | August 11, 2022](https://www.2ndmarketcapital.com/2022/08/11/market-commentary-august-11-2022/) - On July 28, the Bureau of Economic Analysis announced that real gross domestic product (GDP) decreased at an annual rate of 0.9 percent in the second quarter of 2022. In the first quarter, real GDP decreased by 1.6 percent. By some definitions, two consecutive quarters of decline signal that the economy is in recession.
- [Market Commentary | September 19, 2022](https://www.2ndmarketcapital.com/2022/09/19/market-commentary-september-19-2022/) - It seems that in each and every one of the last five months, I’ve performed the same mantra. High inflation. Rising interest rates. Markets sell off. We are here in September and I’m repeating myself. 8.1% YOY inflation. Interest rates are soaring. The stock and bond markets deflate.
- [Market Commentary | October 13, 2022](https://www.2ndmarketcapital.com/2022/10/24/market-commentary-october-13-2022/) - Sometimes, when the world seems to have stopped making sense, it helps to get anecdotal.
- [The State of REITs: June 2022 Edition](https://www.2ndmarketcapital.com/2022/06/17/the-state-of-reits-june-2022-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%”
- [The State of REITs: July 2022 Edition](https://www.2ndmarketcapital.com/2022/07/19/the-state-of-reits-july-2022-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”][/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off”
- [The State of REITs: August 2022 Edition](https://www.2ndmarketcapital.com/2022/08/18/the-state-of-reits-august-2022-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%”
- [The State of REITs: September 2022 Edition](https://www.2ndmarketcapital.com/2022/09/20/the-state-of-reits-september-2022-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off”
- [The State of REITs: October 2022 Edition](https://www.2ndmarketcapital.com/2022/10/20/the-state-of-reits-october-2022-edition/) - The REIT sector has endured declines in 7 of the first 9 months of 2022, including a particularly brutal -13.66% total return in September.
- [REIT Total Return Portfolio Heading into 4Q2022](https://www.2ndmarketcapital.com/2022/10/24/our-reit-total-return-portfolio-heading-into-4q2022/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on”
- [Market Commentary | November 16, 2022](https://www.2ndmarketcapital.com/2022/11/17/market-commentary-november-16-2022/) - [et_pb_section transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” admin_label=”Section” disabled=”off”][et_pb_row make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” admin_label=”Row” disabled=”off”][et_pb_column type=”4_4″ disabled=”off” parallax=”off” parallax_method=”on”][et_pb_post_title title=”on” meta=”on” author=”on” date=”off” date_format=”M j, Y” categories=”off” comments=”off” featured_image=”on” featured_placement=”below”
- [Market Commentary | December 13, 2022](https://www.2ndmarketcapital.com/2022/12/15/market-commentary-december-13-2022/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”off” date_format=”M j, Y” categories=”off” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on”
- [REIT Total Return: Heading into 2023](https://www.2ndmarketcapital.com/2023/01/10/reit-total-return-heading-into-2023/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on”
- [Market Commentary | January 12, 2023](https://www.2ndmarketcapital.com/2023/01/13/market-commentary-january-12-2023/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”off” date_format=”M j, Y” categories=”off” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on”
- [Market Commentary | February 14, 2023](https://www.2ndmarketcapital.com/2023/02/22/market-commentary-february-14-2023/) - Before we started our seemingly endless commentary on runaway inflation we talked a lot about our search for growth. We wanted to find growth within the pandemic.
- [Market Commentary | March 16, 2023](https://www.2ndmarketcapital.com/2023/03/24/market-commentary-march-16-2023/) - You have likely heard about last week's sudden implosion of Silicon Valley Bank (SVB). We want to share our insights into what is happening and most importantly, what it may mean for you.
- [REIT Total Return - Concentrating into Confirmed Opportunities](https://www.2ndmarketcapital.com/2023/04/06/reit-total-return-concentrating-into-confirmed-opportunities/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on”
- [Market Commentary | April 17, 2023](https://www.2ndmarketcapital.com/2023/04/18/market-commentary-april-17-2023/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”off” date_format=”M j, Y” categories=”off” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on”
- [The State of REITs: November 2022 Edition](https://www.2ndmarketcapital.com/2022/11/07/the-state-of-reits-november-2022-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%”
- [The State of REITs: December 2022 Edition](https://www.2ndmarketcapital.com/2022/12/22/the-state-of-reits-december-2022-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off”
- [The State of REITs:  January 2023 Edition](https://www.2ndmarketcapital.com/2023/01/10/the-state-of-reits-january-2023-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%”
- [The State of REITs: February 2023 Edition](https://www.2ndmarketcapital.com/2023/02/21/the-state-of-reits-february-2023-edition/) - 2022 was a brutal year for the REIT sector (-23.56%), but REITs started 2023 in a very positive direction.
- [The State of REITs: March 2023 Edition](https://www.2ndmarketcapital.com/2023/03/20/the-state-of-reits-march-2023-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%”
- [The State of REITs: April 2023 Edition](https://www.2ndmarketcapital.com/2023/04/18/the-state-of-reits-april-2023-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%”
- [The State of REITs: May 2023 Edition](https://www.2ndmarketcapital.com/2023/05/17/the-state-of-reits-may-2023-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%”
- [Market Commentary | May 19, 2023](https://www.2ndmarketcapital.com/2023/05/22/market-commentary-may-19-2023/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”off” date_format=”M j, Y” categories=”off” comments=”off” featured_image=”off” featured_placement=”below” parallax_effect=”on”
- [Market Commentary | June 15, 2023](https://www.2ndmarketcapital.com/2023/06/21/market-commentary-june-15-2023/) - Over the last year and a half of this hyper-inflationary environment, we’ve joined the legions of other investors in ritualistically awaiting the monthly release of fresh Consumer Price Index (CPI) and Producer Price Index (PPI) reports. Most of the time these reports are followed by the minutes of the Federal Open Market Committee (FOMC) and their decision on the direction of interest rates.
- [Market Commentary | July 15, 2023](https://www.2ndmarketcapital.com/2023/07/27/market-commentary-july-15-2023/) - The Labor Department on Wednesday reported that its index of consumer prices rose just 0.2% in June from a month earlier. Market watchers breathed a sigh of relief, but the Fed quickly warned that its battle with inflation is not yet done and at least three Fed Governors indicated we would see two more 25 basis point rate hikes this year.
- [The State of REITs: June 2023 Edition](https://www.2ndmarketcapital.com/2023/06/21/the-state-of-reits-june-2023-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%”
- [The State of REITs: July 2023 Edition](https://www.2ndmarketcapital.com/2023/07/27/the-state-of-reits-july-2023-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%”
- [REIT Total Return - Heading into the 2nd Half of 2023](https://www.2ndmarketcapital.com/2023/07/28/reit-total-return-heading-into-the-2nd-half-of-2023/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on”
- [Market Commentary | August 29, 2023](https://www.2ndmarketcapital.com/2023/08/29/market-commentary-august-29-2023/) - Higher interest rates have made commercial real estate prohibitively expensive. Higher interest rates have destabilized the regional banking system through the evaporation of no-cost deposits, which resulted in a raft of stricter banking regulations that further restrict commercial real estate lending.
- [Market Commentary | September 15, 2023](https://www.2ndmarketcapital.com/2023/09/19/market-commentary-september-15-2023/) - Over the last year or so, our exposure to residential real estate investment has been very limited. It’s not that business hasn’t been very good for apartment owners; from the start of 2021 through 2022, rents on lease renewals routinely jumped 15 to 20%.
- [Market Commentary | October 19, 2023](https://www.2ndmarketcapital.com/2023/10/30/market-commentary-october-19-2023/) - With the September 20th release of the Federal Reserve’s statement we learned that they would pause in their inflation fighting, interest rate hiking campaign.
- [REIT Total Return Portfolio Review Heading Into 4Q23](https://www.2ndmarketcapital.com/2023/10/30/reit-total-return-review-heading-into-4q23/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on”
- [Market Commentary | November 22, 2023](https://www.2ndmarketcapital.com/2023/11/28/market-commentary-november-22-2023/) - Pass the Dramamine In January, I will begin my 41st year as an investment advisor. That tenure should lend credence to my observation that interest rate volatility has never been more dizzying.
- [Market Commentary | December 19, 2023](https://www.2ndmarketcapital.com/2023/12/29/market-commentary-december-19-2023/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”off” date_format=”M j, Y” categories=”off” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on”
- [The January Effect: How to take advantage](https://www.2ndmarketcapital.com/2023/12/29/the-january-effect-how-to-take-advantage/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”off” date_format=”M j, Y” categories=”off” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on”
- [Market Commentary | January 24, 2024](https://www.2ndmarketcapital.com/2024/01/24/market-commentary-january-24-2024/) - Present and Ready Last Thursday and Friday CPI and PPI reports were encouraging in demonstrating that inflation is moderating, but the battle against inflation continues. Inflation is our perpetual enemy because it erodes consumer purchasing power.
- [The State of REITs: August 2023 Edition](https://www.2ndmarketcapital.com/2023/08/28/the-state-of-reits-august-2023-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%”
- [The State of REITs: September 2023 Edition](https://www.2ndmarketcapital.com/2023/09/19/the-state-of-reits-september-2023-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%”
- [The State of REITs: October 2023 Edition](https://www.2ndmarketcapital.com/2023/10/31/the-state-of-reits-october-2023-edition/) - [et_pb_section transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” admin_label=”Section” disabled=”off”][et_pb_fullwidth_post_title title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” admin_label=”Fullwidth Post Title” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off”
- [The State of REITs: November 2023 Edition](https://www.2ndmarketcapital.com/2023/11/28/the-state-of-reits-november-2023-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”][/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off”
- [The State of REITs: December 2023 Edition](https://www.2ndmarketcapital.com/2023/12/29/the-state-of-reits-december-2023-edition/) - [et_pb_section transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” admin_label=”Section” disabled=”off”][et_pb_fullwidth_post_title title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” admin_label=”Fullwidth Post Title” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off”
- [REIT Total Return Portfolio Analysis Heading into 2024](https://www.2ndmarketcapital.com/2024/01/09/reit-total-return-portfolio-analysis-heading-into-2024/) - Opportunities on the Horizon The start of the new year marks a great time to update our portfolio’s strategy and positions. There are certain aspects of the 2nd Market Capital REIT Total Return Portfolio (RTR) that are unlikely to change as they are rooted in our philosophy:
- [The State of REITs: January 2024 Edition](https://www.2ndmarketcapital.com/2024/01/15/the-state-of-reits-january-2024-edition/) - REIT Performance The REIT sector followed up a strong November performance (+9.50%) with an even better December (+11.40%). The average REIT total return in December far exceeded that of the broader market with more than double the return of the NASDAQ (+5.6%), Dow Jones Industrial Average (+4.9%) and S&P 500 (4.5%).
- [Market Commentary | February 27, 2024](https://www.2ndmarketcapital.com/2024/02/27/market-commentary-february-27-2024/) - What was Old is New Again No one would describe me as a rabid football fan and I’ve never gambled in a casino, but I somehow could not avoid getting swept up in all the hoopla leading up to Super Bowl LVIII in Las Vegas earlier this month.
- [Market Commentary | March 20, 2024](https://www.2ndmarketcapital.com/2024/03/21/market-commentary-march-20-2024/) - Rotation A Bloomberg report out earlier this week describing that interest rates have recently risen to their highest level this year reminds us of two things.
- [The State of REITs: February 2024 Edition](https://www.2ndmarketcapital.com/2024/02/26/the-state-of-reits-february-2024-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%”
- [The State of REITs: March 2024 Edition](https://www.2ndmarketcapital.com/2024/03/22/the-state-of-reits-march-2024-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%”
- [Market Commentary | April 22, 2024](https://www.2ndmarketcapital.com/2024/04/25/market-commentary-april-22-2024/) - Two Sides to the Same Story An inordinate amount of focus has been placed on which way the wind blows in relation to when the Fed will begin cutting interest rates.
- [Market Commentary | May 21, 2024](https://www.2ndmarketcapital.com/2024/05/22/market-commentary-may-21-2024/) - Patient Money Strong economic news from March dashed hopes of a June rate cut and in response, the MSCI REIT Index declined more than 7% in April. Moderating CPI and jobs data earlier this month caused REIT prices to rebound significantly in May, but we want to emphasize that our investments are not motivated simply by the vicissitudes of interest rates or other macroeconomic metrics.
- [Market Commentary | June 20, 2024](https://www.2ndmarketcapital.com/2024/06/24/market-commentary-june-20-2024/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”off” date_format=”M j, Y” categories=”off” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on”
- [Market Commentary | July 17, 2024](https://www.2ndmarketcapital.com/2024/07/18/market-commentary-july-17-2024/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”off” date_format=”M j, Y” categories=”off” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on”
- [Market Commentary | August 21, 2024](https://www.2ndmarketcapital.com/2024/08/23/market-commentary-august-21-2024/) - Newton’s Laws of Motion define action in the physical world. The third law states that for every action there is an equal and opposite reaction. Because we are believers in science, we tend to apply these principles to arenas beyond the physical world. Economics and finance, for example.
- [REIT Total Return Portfolio Review Heading into 2Q2024](https://www.2ndmarketcapital.com/2024/04/17/reit-total-return-portfolio-review-heading-into-2q2024/) - A shifting macro environment should benefit REITs We continuously review the positions in the 2nd Market Capital REIT Total Return Portfolio (RTR) to make sure each thesis is up to date and throughout the month we trade out if a new position looks more opportunistic than an existing position.
- [The State of REITs: April 2024 Edition](https://www.2ndmarketcapital.com/2024/04/17/the-state-of-reits-april-2024-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%”
- [The State of REITs: May 2024 Edition](https://www.2ndmarketcapital.com/2024/05/20/the-state-of-reits-may-2024-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%”
- [The State of REITs: June 2024 Edition](https://www.2ndmarketcapital.com/2024/06/24/the-state-of-reits-june-2024-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%”
- [REIT Total Return Positioning Heading into the 2nd Half of 2024](https://www.2ndmarketcapital.com/2024/07/15/reit-total-return-positioning-heading-into-the-2nd-half-of-2024/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on”
- [The State of REITs: July 2024 Edition](https://www.2ndmarketcapital.com/2024/07/22/the-state-of-reits-july-2024-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%”
- [Market Commentary | September 20, 2024](https://www.2ndmarketcapital.com/2024/09/22/market-commentary-september-20-2024/) - Normalization The ad nauseam discussion of when the Federal Reserve would cut interest rates finally concluded on September 18th when Jay Powell announced a 50-basis point reduction in the Fed Funds rate.
- [Market Commentary | October 18, 2024](https://www.2ndmarketcapital.com/2024/10/21/market-commentary-october-18-2024/) - Growth Now that the Fed has at last started reducing interest rates, our attention can more singly be focused on growth opportunities in today’s economy. The obvious, and most talked about trend is artificial intelligence.
- [REIT Total Return Positioning in a shifting REIT Landscape](https://www.2ndmarketcapital.com/2024/10/24/reit-total-return-positioning-in-a-shifting-reit-landscape/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on”
- [An Inflection Point in Residential Real Estate](https://www.2ndmarketcapital.com/2024/11/06/an-inflection-point-in-residential-real-estate/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”54px|0px|3px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”27px|0px|1px|0px” allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on”
- [Market Commentary | November 19, 2024](https://www.2ndmarketcapital.com/2024/11/25/market-commentary-november-19-2024/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”54px|0px|3px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_post_title date=”off” categories=”off” comments=”off” admin_label=”Post Title” _builder_version=”4.16″ parallax=”on” parallax_method=”off” parallax_effect=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” global_colors_info=”{}”] [/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”2px|0px|0px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row
- [The State of REITs: August 2024 Edition](https://www.2ndmarketcapital.com/2024/08/30/the-state-of-reits-august-2024-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%”
- [The State of REITs: September 2024 Edition](https://www.2ndmarketcapital.com/2024/09/22/the-state-of-reits-september-2024-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%”
- [The State of REITs: October 2024 Edition](https://www.2ndmarketcapital.com/2024/10/21/the-state-of-reits-october-2024-edition/) - [et_pb_section transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” admin_label=”Section” disabled=”off”][et_pb_fullwidth_post_title title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” admin_label=”Fullwidth Post Title” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off”
- [The State of REITs: November 2024 Edition](https://www.2ndmarketcapital.com/2024/11/25/the-state-of-reits-november-2024-edition/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_post_title admin_label=”Fullwidth Post Title” title=”on” meta=”on” author=”on” date=”on” date_format=”M j, Y” categories=”on” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” disabled=”off”] [/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” custom_padding=”1px|0px|1px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%”

## Pages

- [Home](https://www.2ndmarketcapital.com/) - [et_pb_section fb_built="1" admin_label="Section" _builder_version="4.16" custom_padding="29px|0px|1px|0px" transparent_background="off" make_fullwidth="off" use_custom_width="off" width_unit="off" custom_width_px="1080px" custom_width_percent="80%" global_colors_info="{}"][et_pb_row admin_label="Row" _builder_version="4.16" background_size="initial" background_position="top_left" background_repeat="repeat" custom_padding="27px|0px|52px|0px" make_fullwidth="off" use_custom_width="off" width_unit="off" custom_width_px="1080px" custom_width_percent="80%" global_colors_info="{}"][et_pb_column type="4_4" _builder_version="4.16" custom_padding="|||" global_colors_info="{}" custom_padding__hover="|||"][et_pb_text admin_label="Text" _builder_version="4.27.4" text_text_color="#000000" text_font_size="28px" text_letter_spacing="2px" header_text_color="#000000" background_size="initial" background_position="top_left" background_repeat="repeat" text_orientation="center" module_alignment="center" use_border_color="off" border_style="solid" global_colors_info="{}"]EVER PRESENT AND TIRELESSLY IN PURSUIT OF THE BEST OPPORTUNITIES ACROSS THE EXCHANGE-TRADED REIT
- [Our Services](https://www.2ndmarketcapital.com/our-services/) - [et_pb_section fb_built=”1″ admin_label=”section” module_id=”portfoliomanagement” _builder_version=”4.27.4″ background_color=”#ffffff” custom_padding=”2px|0px|7px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row column_structure=”1_2,1_2″ admin_label=”row” _builder_version=”4.27.4″ background_color=”#FFFFFF” background_size=”initial” background_position=”top_left” background_repeat=”repeat” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_blurb title=”Portfolio Asset Management” url=”/2mcac-portfolio-asset-management-pam” image_icon_width=”none” admin_label=”Portfolio Management” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”|||” use_border_color=”off” border_color=”#ffffff” border_style=”solid” image_max_width=”none” use_circle=”on” use_circle_border=”off” circle_border_color=”#e0e0e0″ circle_color=”#ffffff” global_colors_info=”{}”]Fundamental strength and
- [The State Of REITs](https://www.2ndmarketcapital.com/reits/state-of-reits/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”State of REITs Header and text” _builder_version=”4.16″ text_font_size=”20″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” use_border_color=”off” border_color=”#ffffff” border_style=”solid” global_colors_info=”{}”]The State of REITs The State of REITs is a monthly publication that
- [REIT Total Return Investment Portfolio](https://www.2ndmarketcapital.com/reit-total-return-investment-portfolio/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”54px|0px|2px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”REIT Total Return heading and info Text” _builder_version=”4.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” use_border_color=”off” border_color=”#ffffff” border_style=”solid” global_colors_info=”{}”]REIT TOTAL RETURN INVESTMENT PORTFOLIO The REIT Total Return Portfolio is positioned for
- [Community](https://www.2ndmarketcapital.com/community/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”54px|0px|4px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row column_structure=”1_4,3_4″ admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” max_width=”80%” custom_padding=”113px|0px|27px|0px” make_fullwidth=”off” use_custom_width=”on” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”1_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_image src=”http://secondmarketcapital-website.appspot.com.storage.googleapis.com/2MC-website-Logo-with-transparent-background–e1534101941696.png” url=”http://www.2eof.org” url_new_window=”on” align=”right” align_tablet=”center” align_phone=”center” align_last_edited=”on|desktop” admin_label=”2eof logo” _builder_version=”4.16″ animation=”off” sticky=”off” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” always_center_on_mobile=”on” global_colors_info=”{}”] [/et_pb_image][/et_pb_column][et_pb_column type=”3_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text
- [News and Updates](https://www.2ndmarketcapital.com/news-and-updates/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”54px|0px|2px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”4.16″ text_line_height=”1.5em” background_size=”initial” background_position=”top_left” background_repeat=”repeat” use_border_color=”off” border_color=”#ffffff” border_style=”solid” global_colors_info=”{}”]2MC publishes news and articles designed to keep investors apprised of happenings in the REIT Sector. From time
- [2MCAC Portfolio Asset Management (PAM)](https://www.2ndmarketcapital.com/2mcac-portfolio-asset-management-pam/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”4.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” hover_enabled=”0″ use_border_color=”off” border_color=”#ffffff” border_style=”solid” global_colors_info=”{}” sticky_enabled=”0″]2MCAC Portfolio Asset Management (PAM) 2MCAC is a specialized securities analysis and investment advisory firm focused exclusively on the 200+ companies structured as Real Estate Investment Trusts (REITs) and
- [Sandbox](https://www.2ndmarketcapital.com/sandbox/) - [et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_fullwidth_slider admin_label=”Fullwidth Slider” _builder_version=”4.16″ custom_padding=”|||” custom_padding_tablet=”|||” custom_padding_phone=”|||” box_shadow_style=”preset6″ box_shadow_blur=”10px” box_shadow_color=”rgba(0,0,0,0.1)” show_inner_shadow=”on” global_colors_info=”{}” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][et_pb_slide heading=”Our Company” button_text=”Learn More” image=”http://elegantthemesimages.com/images/premade/d2-placeholder-510px.jpg” _builder_version=”4.16″ background_color=”#f7f7f7″ background_layout=”light” global_colors_info=”{}” sticky_transition=”on” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off”
- [Getting Started](https://www.2ndmarketcapital.com/getting-started/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”54px|0px|4px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|0px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”4.27.4″ text_font=”||||||||” text_font_size=”22px” header_2_font=”||||||||” header_2_font_size=”24px” background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”center” width_tablet=”” width_phone=”” width_last_edited=”on|phone” custom_padding=”|30px||24px|false|false” text_font_tablet=”||||||||” text_font_phone=”||||||||” text_font_last_edited=”on|phone” text_font_size_tablet=”22px” text_font_size_phone=”20px” text_font_size_last_edited=”on|phone” header_2_font_tablet=”||||||||” header_2_font_phone=”||||||||” header_2_font_last_edited=”on|phone” use_border_color=”off” border_color=”#ffffff” border_style=”solid”
- [Baseline + Asset Management Accounts](https://www.2ndmarketcapital.com/baseline-asset-management-accounts/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”54px|0px|2px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”BAM heading and info Text” _builder_version=”4.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” hover_enabled=”0″ use_border_color=”off” border_color=”#ffffff” border_style=”solid” global_colors_info=”{}” sticky_enabled=”0″]BASELINE + ASSET MANAGEMENT ACCOUNTS Our Baseline + accounts are positioned for
- [Investment Return Calculator](https://www.2ndmarketcapital.com/investment-return-calculator/) - [et_pb_section fb_built=”1″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_row _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]Investment Calculator See how much your investment could be worth. Enter your personalized information below and view your results. Enter your initial investment amount Enter your additional contribution amount and frequency Enter your target annualized rate of return
- [Investment Tools](https://www.2ndmarketcapital.com/investment-tools/) - [et_pb_section fb_built=”1″ admin_label=”section” module_id=”existingclients” _builder_version=”4.16″ background_color=”#ffffff” custom_padding=”54px|0px|0px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” module_id=”existingclients” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”]Investment Tools[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row column_structure=”1_2,1_2″ admin_label=”row” module_id=”existingclients” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_button button_url=”https://www.2ndmarketcapital.com/2025/10/17/quick-guide-to-financial-wellbeing/” url_new_window=”on”
- [REITs](https://www.2ndmarketcapital.com/reits/) - [et_pb_section fb_built=”1″ admin_label=”Section” _builder_version=”4.16″ custom_padding=”54px|0px|6px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”Row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Past, Present, and Future of REITs Text” _builder_version=”4.27.4″ text_font_size=”20″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” use_border_color=”off” border_color=”#ffffff” border_style=”solid” global_colors_info=”{}”]REITS: PAST, PRESENT, AND FUTURE Real estate has been a constant store
- [Test page for gated content](https://www.2ndmarketcapital.com/test-page-for-gated-content/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” hover_enabled=”0″ sticky_enabled=”0″]Here is where we would have our gated content. The URL is not indexed, not shared on our website[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section] Share this: Click to share on Facebook (Opens in new window) Facebook Click to share on X
- [REIT Sector Gallery](https://www.2ndmarketcapital.com/reits/reit-sector-gallery/) - [et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Section” _builder_version=”4.16″ transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_fullwidth_header title=”REITS TOUCH EVERY ECONOMIC SECTOR” text_orientation=”center” content_max_width=”none” admin_label=”Fullwidth Header” _builder_version=”4.16″ background_color=”rgba(255, 255, 255, 0)” background_layout=”light” button_one_letter_spacing_hover=”0″ button_two_letter_spacing_hover=”0″ global_colors_info=”{}” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”on” button_one_letter_spacing__hover=”0″ button_two_letter_spacing__hover_enabled=”on” button_two_letter_spacing__hover=”0″ button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”] [/et_pb_fullwidth_header][/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”0px|0px|54px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on”
- [Client Center](https://www.2ndmarketcapital.com/client-center/) - [et_pb_section fb_built=”1″ admin_label=”section” module_id=”existingclients” _builder_version=”4.16″ background_color=”#ffffff” custom_padding=”54px|0px|0px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row column_structure=”1_3,1_3,1_3″ admin_label=”row” module_id=”existingclients” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”1_3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Account Access” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_margin=”15px|||” use_border_color=”off” border_style=”solid” global_colors_info=”{}”]Existing 2MC client Account Access[/et_pb_text][/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_image src=”https://www.2ndmarketcapital.com/wp-content/uploads/2021/05/TradePMR-image-e1621262267855.jpg” title_text=”TradePMR image” url=”https://auth.fccaccessonline.com/NASApp/PerimeterApp/fdccustomerPresentLogin.do?site=262123524BB4E19A1BD655221E7A75987266D6584C992EA57CB5F961A4E73A3A2CCEDE4D5E01944790C0C6DC2054778D149F3AB648491441ECDD03F51CDCCD32″
- [Terms of Service](https://www.2ndmarketcapital.com/terms-of-service/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”TOS/Disclosure Text” _builder_version=”4.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” use_border_color=”off” border_color=”#ffffff” border_style=”solid” global_colors_info=”{}”]Disclaimer 2ndmarketcapital.com and 2mcac.com are owned and operated by 2nd Market Capital Advisory Corporation (“2MCAC”), an investment advisor registered with the State of Wisconsin and other states in which its
- [About Us](https://www.2ndmarketcapital.com/about-us/) - [et_pb_section fb_built=”1″ fullwidth=”on” admin_label=”Section” module_id=”Welcome” _builder_version=”4.16″ background_color=”#ffffff” custom_padding=”34px|0px|0px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_fullwidth_slider show_cta_on_mobile=”off” disabled_on=”on||” admin_label=”Welcome to 2MC Fullwidth Slider” _builder_version=”4.16″ custom_padding=”|||” custom_padding_tablet=”|||” custom_padding_phone=”|||” box_shadow_style=”preset6″ box_shadow_blur=”10px” box_shadow_color=”rgba(0,0,0,0.1)” remove_inner_shadow=”off” hide_content_on_mobile=”off” hide_cta_on_mobile=”on” show_inner_shadow=”on” button_letter_spacing_hover=”0″ global_colors_info=”{}” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”on” button_letter_spacing__hover=”0″ button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off”
- [Investment Opportunities](https://www.2ndmarketcapital.com/investment-opportunities/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Investment Opportunities” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” use_border_color=”off” border_style=”solid” global_colors_info=”{}”]Investment Opportunities[/et_pb_text][et_pb_text admin_label=”Contact us for information about future investment opportunities” _builder_version=”4.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” hover_enabled=”0″ use_border_color=”off” border_color=”#ffffff” border_style=”solid” global_colors_info=”{}” sticky_enabled=”0″]If
- [Contact Us](https://www.2ndmarketcapital.com/contact-us/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row column_structure=”2_3,1_3″ admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” global_colors_info=”{}”][et_pb_column type=”2_3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Google Forms Contact Us” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” use_border_color=”off” border_color=”#ffffff” border_style=”solid” global_colors_info=”{}”]Contact Us If you would like someone to contact you about our services, please complete the form below. Loading…[/et_pb_text][/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text
- [REIT Benefits](https://www.2ndmarketcapital.com/reits/reit-benefits/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”54px|0px|10px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Exciting Benefits of REITs Text” _builder_version=”4.16″ text_font_size=”20″ text_line_height=”1.8em” background_size=”initial” background_position=”top_left” background_repeat=”repeat” use_border_color=”off” border_color=”#ffffff” border_style=”solid” global_colors_info=”{}”]The Exciting New Benefits of REITs The benefits to REITs under the Tax Cuts
- [REITs 101](https://www.2ndmarketcapital.com/reits/reits-101/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ custom_padding=”54px|0px|4px|0px” transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”27px|0px|0px|0px” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”4.27.0″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” hover_enabled=”0″ use_border_color=”off” border_color=”#ffffff” border_style=”solid” global_colors_info=”{}” sticky_enabled=”0″]REITs 101 What is a REIT? A REIT is a real estate investment trust which is
- [REITs By Sector](https://www.2ndmarketcapital.com/reits-by-sector/) - [et_pb_section admin_label=”Section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”on” specialty=”off” disabled=”off”][et_pb_fullwidth_header admin_label=”Fullwidth Header” title=”REITS BY SECTOR” background_layout=”light” text_orientation=”left” header_fullscreen=”off” header_scroll_down=”off” scroll_down_icon=”;” title_font_color=”#000000″ parallax=”off” parallax_method=”off” content_orientation=”center” image_orientation=”center” title_font=”Georgia||||” title_font_size=”30px” content_font_size=”14px” custom_button_one=”off” button_one_text_size=”20″ button_one_letter_spacing=”0″ button_one_use_icon=”default” button_one_icon_placement=”right” button_one_on_hover=”on” button_one_letter_spacing_hover=”0″ custom_button_two=”off” button_two_text_size=”20″ button_two_letter_spacing=”0″ button_two_use_icon=”default” button_two_icon_placement=”right” button_two_on_hover=”on” button_two_letter_spacing_hover=”0″ disabled=”off”] [/et_pb_fullwidth_header][/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off”
- [Glossary](https://www.2ndmarketcapital.com/glossary/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Title Text” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]REIT and Investment Terminology Glossary[/et_pb_text][et_pb_text admin_label=”AFFO” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]AFFO: Adjusted Funds from Operations. It is similar to FFO but it accounts for capex and will often include an add-back for stock-based compensation. For some industries like offices and shopping centers, AFFO is the
- [Welcome](https://www.2ndmarketcapital.com/welcome/) - [et_pb_section admin_label=”section” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”off”][et_pb_row admin_label=”row” make_fullwidth=”off” use_custom_width=”off” width_unit=”off” custom_width_px=”1080px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ allow_player_pause=”off” parallax=”off” parallax_method=”on” make_equal=”off” parallax_1=”off” parallax_method_1=”on” parallax_2=”off” parallax_method_2=”on” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”4_4″][et_pb_text admin_label=”Welcome Text” background_layout=”light” text_orientation=”left” use_border_color=”off” border_style=”solid” disabled=”off” border_color=”#ffffff”]Welcome On January 5, 1989, 2nd Market Capital opened
- [Sub-advisory Portfolio Curation Service](https://www.2ndmarketcapital.com/sub-advisory-portfolio-curation-service/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Sub-advisory header” background_layout=”light” text_orientation=”center” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]2MC Sub-advisory Portfolio Curation Service[/et_pb_text][et_pb_text admin_label=”Recommended Portfolio Text” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid” header_font_size=”24px”]Recommended portfolio We maintain a real account that was launched on July 1, 2016, with $100,000 with an intent to have it perpetually positioned for high yield and maximized total returns with
- [Trading Tips](https://www.2ndmarketcapital.com/trading-tips/) - [et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Trading Tips Text” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]Trading Tips Trading requires a healthy dose of judgment. The better you know the stocks you are trading and why they are moving, the better execution you will be able to get. In our experience, certain actions and behaviors are generally beneficial: Utilize limit orders
- [Sample Page](https://www.2ndmarketcapital.com/sample-page-2/) - This is an example page. It's different from a blog post because it will stay in one place and will show up in your site navigation (in most themes). Most people start with an About page that introduces them to potential site visitors. It might say something like this: Hi there! I'm a bike messenger

## Categories

- [Uncategorized](https://www.2ndmarketcapital.com/category/uncategorized/)
- [Capital Markets](https://www.2ndmarketcapital.com/category/capital-markets/)
- [The State of REITs](https://www.2ndmarketcapital.com/category/the-state-of-reits/)
- [Market Commentary](https://www.2ndmarketcapital.com/category/market-commentary/)
- [REIT Total Return Portfolio](https://www.2ndmarketcapital.com/category/reit-total-return-portfolio/)
- [Investor Market Dynamics](https://www.2ndmarketcapital.com/category/investor-market-dynamics/)
- [Industry News](https://www.2ndmarketcapital.com/category/industry-news/)
- [Baseline +](https://www.2ndmarketcapital.com/category/baseline/)
- [Recent Reads](https://www.2ndmarketcapital.com/category/recent-reads/)
- [Investment Tools](https://www.2ndmarketcapital.com/category/investment-tools/)
- [Portfolio Asset Management](https://www.2ndmarketcapital.com/category/portfolio-asset-management/)

## Type

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