Hurricane Ian: Managing Exposure Through Unprecedented Climate Events

Hurricane Ian Leaves Florida In Disarray Karen Clark & Company (KCC, 0.0%), a catastrophe risk management firm based in Boston estimates that the privately insured loss from Hurricane Ian will be close to $63 billion, with a majority of those losses coming from wind, storm surge, and inland flooding from across the affected areas.[1] The […]

The Residential Ship Remains Steady

  3Q Update   With the busy Fall conference season now underway, it is typical for publicly-traded REITs to provide mid-quarter operating updates (in the form of company presentations, press releases and 8-K filings) before they go on the road. We have had many of our constituent companies in the residential REIT sub-sectors provide updates […]

Housing Recession….What it Means and What it Means for Residential REITs

Potential Slowdown In The Housing Market The long-awaited slowdown in the housing market may finally be upon us, but maybe not. We might just be witnessing a reset in expectations that provides the foundation for continued vibrancy. There are no doubting several important data points which have turned negative in recent months, and these data […]

Who Can Thrive With A Housing Reset?…….Single-Family Rental

Operating Performance Expectations Increase The August 10th earnings report from small-cap REIT, Tricon Residential (TCN) completed earnings season for the single-family rental triumvirate, which is anchored by industry leaders, Invitation Homes (INVH) and American Homes 4Rent (AMH). The earnings period was accentuated by strong portfolio operating metrics across the board which led to companies also […]