Brookfield Office Properties Inc
Must-know: FOMC minutes will dominate the week ahead
Mortgage real estate investment trusts (or REITs), like American Capital Agency (AGNC) and Annaly (NLY), will focus on data that will move the bond market. The most important data point will be the FOMC minutes.
Must-know: An overview of Vornado Realty Trust
In early April, Vornado announced that it intended to spin off its retail portfolio into a separate REIT and distribute the new company—cleverly called Spinco—to shareholders as a tax-free distribution.
Why capacity utilization is an important economic indicator
Capacity utilization rates are approaching long-term historical averages.
Why small business optimism continues to recover slowly
Small business accounts for roughly half of the U.S. gross domestic product (or GDP) and jobs.
A rebound in capacity utilization helps office REITs like SL Green
While most people don’t think of industrial data affecting office REITs, it does influence the top-line growth of commercial REITs like SL Green (SLG).
Key REIT and homebuilder releases this week: Reports and the FOMC
We get some important information this week with the industrial production data. Housing starts and building permits are other important data points.
Why real estate investors should focus on overseas events
The bond market has been reacting strangely to domestic reports lately, which probably means something international is causing some sort of flight to safety.
Must-know background: Vornado Realty Trust, a key office REIT
Vornado Realty Trust (VNO) is one of the largest owners and managers of commercial real estate in the United States with a portfolio of over 100 million square feet, primarily located in the New York and Washington, DC, areas.
The jobs report looms large this week for REITs and homebuilders
The upcoming week will be about the jobs report on Friday, which is the biggest driver of Fed policy at the moment.
Important releases for homebuilder and REIT investors this week
While last week was a huge one for the builders, we still have a lot of important data this week, with the Case-Shiller Real Estate Index, New Home Sales, as well as the Personal Spending and Income data.
The US witnesses an unexpected drop in capacity utilization
From 1972 to 2012, capacity utilization averaged 80.2% and bottomed at 66.9% in 2009 suggesting there’s a lot of room for production to expand before we start feeling inflationary pressures.
Capacity utilization approaches historical levels, helping REITs
Industrial production and capacity utilization are numbers that get a lot of focus at the Fed. These figures not only help forecast economic activity, but they’re also important inputs into inflation.
Why a small business hiring boom is good for office REITs
The National Federation of Independent Business is a monthly report that contains a wealth of information regarding trends for small businesses.