2MC publishes news and articles designed to keep investors apprised of happenings in the REIT Sector. From time to time, we may share articles or review books we think may be of interest.
NEWS AND UPDATES
The State of REITs: April 2024 Edition
REITs bounced back from a rough start to the year with a strong +3.26% average total return in March. Mid cap (+5.04%), small cap (+3.90%) and large cap REITs (+2.32%) averaged gains in March while micro caps (-0.32%) saw yet another month in the red. 06% of REIT...
read moreREIT 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.
read moreThe State of REITs: March 2024 Edition
REITs fell slightly deeper into the red in 2024 with a -0.81% total return in February. Mid cap (+1.46%) and large cap REITs (+1.04%) averaged gains in February outperforming small caps (-1.33%) and micro caps (-6.98%). Only 50.64% of REIT securities had a positive...
read moreMarket 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.
read moreMarket 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.
read moreThe State of REITs: February 2024 Edition
The REIT sector had a rough start to 2024 with a -5.72% total return in January. Large cap REITs (-4.79%) outperformed their smaller peers in January. Micro cap REITs (-8.39%) averaged the steepest declines. Only 9.55% of REIT securities had a positive total return in...
read moreMarket 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.
read moreThe 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%).
read moreREIT 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:
read moreThe January Effect: How to take advantage
The January effect refers to the market’s tendency to rise in January. Of course, it does not always go up in January, but it tends to be more likely to go up more often or by a larger amount such that the month over long stretches of time tends to outperform. At an...
read moreContact Us
2nd Market Capital Advisory Corp
650 N. High Point Road
Madison, WI 53717
(608) 833-7793 - phone
info@2ndmarketcapital.com
