Manufactured Housing: Predictable Top Line, But Operating Expenses Reset

The manufactured housing sector has an impressive history of managing well through difficult economic and financial periods by providing a truly affordable housing proposition to an undeserved market where extensive barriers to supply exist. The industry does not push rents as aggressively as more traditional rental housing operators during really strong periods such as 2021-22 […]

Apartments REITs: A Stabilizing Force in Uncertain Times

The major apartment operators have reported fourth quarter 2022 earnings and provided conservative, yet better than feared forward guidance for the coming year. These results provide an attractive backdrop for total return performance in coming quarters.

What You Own When You Own a Passive REIT Index

REIT stands for Real Estate Investment Trust, so you might be forgiven for assuming that something called a REIT would provide you with exposure to Real Estate. And generally it does. Generally, but not precisely.

Coastal Apartments: Better than Feared as Trends Stabilize

The major coastal apartment operators have reported fourth quarter2022 earnings and provided conservative, yet better than feared forward guidance for the coming year. These results provide an attractive backdrop for total return performance in coming quarters.