Look for any podcast host, guest or anyone
Showing episodes and shows of

Calvin Schnure

Shows

Nareit\'s REIT Report PodcastNareit's REIT Report PodcastEpisode 307: Long-Term Interest Rates to Remain Very Favorable for Commercial Real Estate Anticipated interest rate increases of about one and a half percentage points by year-end will still create a “very favorable” environment for commercial real estate, says Nareit Senior Economist Calvin Schnure.Speaking on the Nareit REIT Report, Schnure noted that it is “appropriate” for the Federal Reserve to be raising interest rates at this point and removing the stimulus that was put in place early in the pandemic.Schnure noted that goods inflation has been at about 12% over the past year, while service price inflation has slowed somewhat. “This suggests that we're not...2022-02-2307 minThe Hanh Brown ShowThe Hanh Brown ShowSenior Housing, Is It a Lifestyle or Medical Necessity? with Calvin SchnureWith the aging of baby boomers, senior housing has become a hot topic. Many people are concerned about how they will pay for their parents' care while also saving money and planning for retirement. There is no easy answer to this question, but we can discuss what's happening with senior housing, Pandemic effects on occupancy, healthcare-related costs and staffing, and some of the major issues facing seniors today.Senior housing is a rapidly growing industry. The number of seniors in the United States is expected to double by 2030, reaching an estimated 70 million people over age 65....2022-02-0647 minWorldwide ExchangeWorldwide ExchangeEurope Covid restrictions, BBB next steps, Real estate outlookMore countries in Europe are imposing restrictions or lockdowns due to the spread of the new omicron variant. Our own Annette Weisbach joins from Germany with the latest, and we speak with Dr. Uché Blackstock about the latest in the U.S. Plus, Ed Mills of Raymond James joins to discuss whether the Build Back Better bill is really dead, and what its next steps could be. And NAREIT’s Calvin Schnure joins with a real estate and office space outlook for 2022.2021-12-2244 minThe Industrial Real Estate PodcastThe Industrial Real Estate Podcast5 Questions on REITS with Calvin Schnure (Senior VP at Nareit)I had the pleasure of interviewing Calvin Schnure, Senior Vice President of Research and Economic Analysis at Nareit, to get this thoughts and insights into the current state of Real Estate Investment Trusts (REITs) and the commercial real estate market. 0:00 - Intro   0:33 - The past year of REITs   4:50 - State of the office market   13:03 - Retail recovery?   17:46 - The industrial industry & REITs  21:11 - Macro trends influencing the market  25:10 - Interest rates & cap rates  27:52 - Inflation & construction prices  30:21 - Signals to watch going fo...2021-12-1536 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastEpisode 300: Economy on Sound Footing Entering 2022, Providing Solid Backdrop for REIT Performance The economy will enter 2022 on a firm footing and should be able to withstand a variety of challenges that have emerged in recent months, providing a backdrop for continued solid REIT performance, says Nareit Senior Economist Calvin Schnure.Schnure noted that the economic mood has shifted over the last couple of months, reflecting the new Omicron COVID-19 variant, supply chain issues, price spikes, and labor shortages, among other issues.“Overall, though, the economy is quite sound. It has a lot of strength and should be able to handle these challenges pretty ea...2021-12-1007 minAmerica‘s Commercial Real Estate ShowAmerica‘s Commercial Real Estate ShowNareit Outlook for Economy, Real Estate & REITsEconomist Calvin Schnure with Nareit shares their forecast including performance, inflation, interest rates, GDP, jobs, and logistics - plus some opportunities in the current market. Brought to you by: Bull Realty -  https://www.bullrealty.com/ Commercial Agent Success Strategies - https://www.commercialagentsuccess.com/ Buxton - https://www.buxtonco.com/ 2021-12-0734 minAmerica‘s Commercial Real Estate ShowAmerica‘s Commercial Real Estate ShowNAREIT Forecast and Midyear OutlookEconomist Calvin Schnure from NAREIT joins show host Michael Bull to share an update on REITs and how the economy, WFH, and the recovery will impact interest rates, various commercial real estate sectors and the future of major cities. View NAREIT's latest report here Brought to you by: Bull Realty -  https://www.bullrealty.com/ Commercial Agent Success Strategies - https://www.commercialagentsuccess.com/ Buxton - https://www.buxtonco.com/   2021-07-2728 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastEpisode 278: Industry Experts Publish First Academically-Focused Textbook on REIT Investment The authors of a new book on REITs and real estate investment, Educated REIT Investing, say it is the first of its kind to target academic institutions, while still being concise enough to attract a general audience.The book is co-authored by Stephanie Krewson-Kelly, vice president of investor relations at Corporate Office Educated REIT InvestingProperties Trust (NYSE: OFC), and Glenn Mueller, a professor at the University of Denver’s Franklin L. Burns School of Real Estate and Construction Management, and a real estate investment strategist at Black Creek Group.The book updates Krewson-Kelly’s 2016 book, The Inte...2021-04-2311 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastEpisode 275: REIT Recovery From the Worst of the Pandemic Underway, Nareit T-Tracker Shows Nareit’s T-Tracker fourth quarter 2020 data indicate that the REIT industry is recovering from its weakest levels seen during the pandemic.Speaking on the REIT Report, Nareit Senior Economist Calvin Schnure said the REIT industry is “showing a good continuing recovery, not a complete recovery, but a recovery from the worst part of the pandemic a year ago.”According to the T-Tracker, funds from operations (FFO) of all equity REITs gained 11.3% in the fourth quarter from the third quarter, which itself was 10.3% higher than the second quarter. The recovery is not uniform, Schnure pointed out. Earnings for se...2021-03-1506 minThe Hanh Brown ShowThe Hanh Brown ShowCalvin Schnure - What is the 2021 Outlook for the Macroeconomy and Senior Housing?Calvin Schnure, Senior Vice President, Research & Economic Analysis for Nareit shares with us his thoughts on the 2021 senior housing market.Impact of the pandemic on senior living communitiesWhat has been the impact on occupancy rates?What has been the financial impact of this on the communities?What is driving this lower demand? Is it preference or fear of COVID, or are there bigger macroeconomic factors at play here like unemployment?What makes the recession caused by this pandemic different from other historical recessions?What will the impact of this difference be on senior living real estate...2021-02-1434 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastEpisode 269: GDP in Q4 Highlights Pandemic’s Continued Impact on Services Sector Fourth quarter GDP data released by the Bureau of Economic Analysis underscores the continued pressure facing the services sector, although a surge in spending is likely once vaccines bring the pandemic under control, Nareit Senior Economist Calvin Schnure says.Speaking on the REIT Report, Schnure noted that GDP growth in the fourth quarter of 2020 slowed to a 4.0% annual rate after a record 33% in the third quarter.Some slowing was inevitable, Schnure said. He noted that a large divergence remains in place between the services and goods sectors, with the decline in services spending accounting for almost...2021-02-0104 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastEpisode 268: Recovery for Economy and Commercial Real Estate Backloaded to Second Half of 2021 While an economic recovery is expected to take hold, benefitting commercial real estate in its wake, any significant improvement is likely to occur starting in the second half of 2021, according to Nareit Senior Economist Calvin Schnure.Speaking on the REIT report, Schnure highlighted some of the key themes of Nareit’s 2021 Outlook for REITs and Commercial Real Estate.Schnure noted that “we’re going to see some strengthening of the economic recovery and that’s going to benefit the commercial real estate markets quite a bit.” However, the improvement will really be driven by vaccines bringing the pandem...2021-01-2205 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastEpisode 263: Recent Real Estate Valuations Point to More Confidence in Recovery Next Year Recent news on commercial real estate valuations reflect growing confidence that the sector will start to recover in 2021, said Nareit Senior Economist Calvin Schnure.Speaking Dec. 7 on the REIT Report, Schnure noted that valuations appear to be more stable than they appeared a few months ago, when the sales prices of properties that were being sold showed a big discount. Volumes at that time were light, though. “As we get a better look at the market, the valuations reflect a bit more confidence that the real estate markets will recover next year,” Schnure said.Overall, Schnure note...2020-12-0705 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastVaccine Optimism Pushes REITs to Highest Levels Since Start of Pandemic REIT share prices, buoyed by positive developments with regard to progress on a COVID-19 vaccine, ended last week at their highest levels since the start of the pandemic, according to Nareit Senior Economist Calvin Schnure.Speaking Nov. 16 on the REIT Report, Schnure noted that news that Pfizer trials showed a success rate of 90% sent REITs sharply higher, especially for those sectors most impacted by the pandemic.Lodging and resort REITs were up 31% on Nov. 9 alone, while retail REITs were up nearly 20%. REITs closed out the week at the highest Friday close since March 6. 2020-11-1604 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastGDP Surges in Q3, But Still Below Year-Earlier Third-quarter GDP posted the biggest increase in history as it rebounded from a record decline in the Spring, yet it still remains below levels seen a year earlier, indicating that further improvement is needed, said Nareit Senior Economist Calvin Schnure.Speaking on the REIT Report, Schnure noted that even after the 33% increase, third quarter GDP is “still down by as much as you might see in a typical recession, so we still have a ways to go.”As for which areas showed growth, Schnure pointed to spending on goods, particularly items that can be used at home...2020-11-0204 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastRetail Sales Figures Point to Potentially Robust Holiday Sales Season Retail sales figures for September came in stronger than expected, laying the groundwork for a potentially robust holiday sales season this year, according to Nareit Senior Economist Calvin Schnure.September retail sales jumped nearly 2%, which was stronger than expected. “The economy’s not as weak as some people may have feared a month or two ago,” Schnure said.Nearly all categories of spending are running at about 5% above pre-pandemic levels, although a few notable exceptions include gasoline, restaurants, and clothing and accessories, Schnure said. The overall gains mean that “we could well see a surprisingly robust holiday...2020-10-1903 minAmerica‘s Commercial Real Estate ShowAmerica‘s Commercial Real Estate ShowEconomic & Real Estate Outlook Calvin Schnure, senior economist with NAREIT and former economist with The Fed, the IMF, Freddie Mac, and JPMorgan, brings extensive market knowledge and understanding of the macroeconomy. On this show Calvin shares how current disruptions may affect the recovery timing for various sectors and the possible long term impact.   For customized commercial brokerage services call Michael Bull, CCIM at 404-876-1640 x 101 or visit http://www.BullRealty.com For cloud accessible commercial agent training, check out Michael Bull’s video-audio training at: http://www.CommercialAgentSuccess.com Appreciate the show? Pleas...2020-10-0736 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastSeptember Jobs Report Raises Concerns Over Pace of Economic Recovery A slowing of payroll employment in September raises concerns over the pace of the economic recovery in the months ahead, Nareit Senior Economist Calvin Schnure said.Speaking Oct. 5 on the REIT Report, Schnure noted that despite the 661,000 rise in payroll employment in September, “the report had more warning signs than good news.”The increase came in below market expectations, and while the unemployment rate dropped to 7.9%, a big part of that was because people stopped looking for jobs—especially women and minorities. 2020-10-0503 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastEconomic News Pointing to Ongoing Broad Recovery Most of the current economic news is pointing to an ongoing recovery, including for commercial real estate fundamentals, according to Nareit Senior Economist Calvin Schnure.Speaking Sept. 14th on the Nareit REIT Report, Schnure noted that August retail sales data, to be reported on Wednesday, are expected to show a 1% increase. “Most aspects of retail sales actually are above pre-pandemic levels,” he said.At the same time, the Job Openings and Labor Turnover Survey (JOLTS) showed that job openings rose 10% in July and are getting close to the range they were in late last year, Schnure said...2020-09-1405 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastAugust Jobs Report Shows Economic Recovery Still on Track August employment data released last week shows that the economic recovery remains on track, despite worries about a potential rebound in the coronavirus, according to Nareit Senior Economist Calvin Schnure.Employers hired back more than a million workers last month, with total payroll employment rising by 1.4 million. This number did include temporary workers hired for the Census, Schnure pointed out, but private payrolls were also up 1 million. The unemployment rate also dropped more than expected, to 8.4%.At the same time, total employment is 11.5 million below where it was in February, Schnure noted, and less than half...2020-09-0803 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastContinued Signs of Economic Resilience Providing Firm Backdrop for Commercial Real Estate Continued signs of resilience in the economy, even as the coronavirus remains active, point to a positive environment for commercial real estate going forward, according to Nareit Senior Economist Calvin Schnure.Speaking Aug. 31 on the REIT Report, Schnure noted that new home sales in July rose to their highest level since 2006. Durable goods orders rose more than expected, and industrial production and business investment are on track to return to pre-pandemic levels, he added. Consumer spending also rose nearly 2% in July. 2020-08-3104 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastREIT Operating Performance Points to Upside Potential in the Year Ahead The economy continues to experience a high degree of uncertainty, but operating performance across the REIT industry indicates that there could be some upside potential in the year ahead, said Nareit Senior Economist Calvin Schnure.On the economic front, positive figures for housing starts, existing home sales, and the homebuilders’ survey have been tempered by high jobless claims, soaring mortgage delinquencies, and a wave of bankruptcies.“The bottom line right now is that the economy is struggling to get back on its feet. It’s making some progress, but it’s going to continue to struggle so long...2020-08-2405 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastRetail Sales Continued to Rebound in July, Supporting Retail REITs Retail sales data for July point to a resumption in consumer spending, providing a boost for the retail REIT sector that has been under pressure throughout the coronavirus crisis, according to Nareit Senior Economist Calvin Schnure.Retail sales rose 1.2% in July. While the increase was slower than that seen in the previous two months, sales rose to a level that was higher than before the crisis. Schnure noted that this is the fastest in history that retail sales have ever fully reversed the decline that occurred during a recession.“This is good news for the retail RE...2020-08-1703 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastLatest Economic News Mostly Positive, But Highlights Need for Additional Stimulus Measures Economic reports released in the past week were mostly positive, but with millions still unemployed and benefits expiring, the need for additional stimulus measures remains, according to Nareit Senior Economist Calvin Schnure.Speaking Aug. 10 on the REIT Report, Schnure said economic data reported last week “helps dispel some of the fears that the recovery stalled last month” due to the continued spread of the coronavirus.Schnure noted that the ISM survey on manufacturing rose to 54.2, stronger than expected and above the 50 mark that indicates a growing sector. Motor vehicle sales were at a 14.5 million unit pace last...2020-08-1004 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastRecord Decline in GDP was Concentrated in a Few Areas, Bolstering Outlook for Recovery Declines in second quarter GDP were concentrated in a few front-line sectors, making it more likely that the economy can begin to recover by the second half of this year or the first half of 2021, according to Nareit Senior Economist Calvin Schnure.Second quarter GDP data released last week showed an annualized decline of 32.9%, which was in line with expectations. Schnure noted that the decline was front-loaded, as shutdowns had the biggest impact in April. Since then, there has been a relatively robust rebound as the economy began reopening, although he warned that some slippage of gains could...2020-08-0306 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastHousing Data Point to Economy’s Underlying Strength, Assuming Continued Reopening The economy continued to rebound in June, according to housing market data released last week, although the outlook depends on the reopening continuing on its current path—an open question at this point, Nareit Senior Economist Calvin Schnure said.Speaking July 27 on the Nareit REIT Report, Schnure highlighted the jump in new and existing June home sales, with new home sales actually higher than they were a year ago. He said this suggests that the underlying economic demand “is intact as long as it’s safe to go out and go about our business.” Although house prices were a bit so...2020-07-2704 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastEconomic Data Show Potential for Rebound, But Dependent on Continued Reopening Economic data released last week show a lot of potential for rebound—as long as the reopening can continue to proceed, according to Nareit Senior Economist Calvin Schnure.Speaking July 20 on the Nareit REIT Report podcast, Schnure highlighted the range of economic indicators for June that were reported, including industrial production, retail sales, and housing starts. Those numbers underscore the possibility of getting the economy back to where it was before the pandemic, but “only as long as the virus is under control,” he said. News that the virus is surging in parts of the United States is creati...2020-07-2004 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastREITs, Economy Remain Under Pressure as Coronavirus Case Numbers Climb REIT share prices edged lower last week, as both the broader economy and also the real estate sector continue to be buffeted by the opposing forces of economic reopening and the spread of the virus, according to Nareit Senior Economist Calvin Schnure.Speaking July 13 on the Nareit REIT Report, Schnure said news of more rapid growth of new cases, especially across the Sunbelt, is leading to a reconsideration of the prospects of reopening right away or being able to do so fully, rather than in slow stages.Those concerns were reflected in REIT performance last week...2020-07-1304 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastJune Employment Numbers Show Commercial Real Estate Heading in Right Direction Nareit Senior Economist Calvin Schnure said the June employment numbers released last week were a “welcome positive surprise” that shows commercial real estate is heading in the right direction.Speaking July 6 on the REIT Report podcast, Schnure said the 4.8 million jobs reported for June exceeded expectations by a wide margin. The unemployment rate, meanwhile, fell more than anticipated, to 11.1%. While that is still a very high number, Schnure said, “this is a good down payment on the recovery that we’re going to need.”Hiring last month was concentrated in the sectors that had the biggest job losses...2020-07-0604 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastFederal Reserve Limits Bank Dividends, Buybacks, But Sees Banks as Well Capitalized to Support Recovery Nareit Senior Economist Calvin Schnure said the Federal Reserve’s latest bank stress test results point to a banking system that is well positioned to support the real estate economy under various recovery scenarios.Speaking June 29 on the REIT Report podcast, Schnure said the stress tests showed that most banks remain well capitalized under either a V, U, or W-shaped recovery. A V-shape sees the economy recovering later this year or early 2021, a U-shape points to a more sluggish recovery, and a W-shape indicates a double-dip recession.The Fed also suspended share buybacks and limited dividend pa...2020-06-2905 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastREITs Facing Mixed Picture as Economic Recovery Contends with COVID-19 Concerns Nareit Senior Economist Calvin Schnure said REITs are facing a “mixed picture” as the forces of economic recovery are being tempered by uncertainty regarding the ongoing risks from COVID-19.In the June 22 edition of the REIT Report, Schnure noted that the recent divergence between the course of the pandemic and the pace of economic activity strengthened over the past week. While REITs and the broader equity markets reacted positively to surprisingly strong May retail sales numbers, that optimism subsided later in the week on news of a surge in new COVID-19 cases and what that means for the pros...2020-06-2204 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastREITs in Push-Pull Situation Between Efforts to Reopen Economy and Progress on Health Front In the latest edition of the REIT Report, Nareit Senior Economist Calvin Schnure said investors will be watching this week to see if economic indicators point to an uptrend similar to what was seen in the recently-released May unemployment report.May retail sales numbers released this week will show whether or not spending has bottomed, Schnure said. The Federal Reserve, meanwhile, will report industrial production this week, while housing starts will also be released.“Over the next several days, we’ll get a lot better idea of whether the whole economy is starting to turn towards reco...2020-06-1504 minAmerica‘s Commercial Real Estate ShowAmerica‘s Commercial Real Estate ShowNAREIT Economist Outlook – Corona Time – June 9th NAREIT Senior Economist outlook on economy and real estate. Coming off REITweek, Calvin Schnure shares his view on the market and the sentiments of REIT executives gleaned from REITweek. 2020-06-0913 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastREIT Executives “Cautiously Optimistic” at REITweek as Economy Begins to Reopen Nareit Senior Economist Calvin Schnure discussed some of the main themes from Nareit’s REITweek: Virtual Investor Conference and the May jobs report in the June 8 edition of the Nareit REIT Report podcast.Schnure characterized the overall mood at REITweek as “cautiously optimistic.”“Obviously we’re still in unchartered waters and there’s a lot of concern about unforeseen risks in the period ahead,” Schnure noted. While economic activity is beginning to resume, few expect it to be without glitches, he added.At the same time, property sectors are seeing a wide range of impacts from t...2020-06-0805 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastREIT Earnings Fell 9% in the First Quarter as COVID-19 Crisis Hit Travel, Shopping Nareit’s T-Tracker, a comprehensive summary of REIT earnings and operating performance, showed an overall picture of weak earnings in the first quarter, with about half of the 9% decline in funds from operations (FFO) reflecting the lodging and hotels sector.Speaking May 26 on the Nareit REIT Report podcast, Nareit Senior Economist Calvin Schnure noted that regional malls also had a decline in earnings and most other property sectors had modest declines. Industrial REITs, meanwhile, had a 21.7% increase in FFO, and single family home REITs saw a 7% FFO increase.Most of the first quarter predated the COVID-19 crisis. As a...2020-05-2704 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastData Show April Online Retail Sales Gains Unable to Offset Broader Declines The latest retail sales data point to a continued role for brick and mortar retail once the coronavirus crisis passes, according to Nareit Senior Economist Calvin Schnure.Speaking May 18 on the Nareit REIT Report podcast, Schnure noted that the more than 8% rise in non-store retail sales in April, which includes e-commerce, was unable to offset the overall decline of 16.4%.“Online commerce is still no substitute for a lot of the shopping that people do. So, even after this crisis passes, this tells us there’s still a strong role for brick and mortar retail sales,” Schnure said. 2020-05-1805 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastApril Jobs Report Shows Bulk of Losses in Front-Line Sectors Nareit Senior Economist Calvin Schnure said that while the April jobs report was “clearly a shock to the economy,” the bulk of job losses were confined to a few sectors facing complete shutdowns.In the May 11 edition of the REIT Report, Schnure noted that the April report showed a record decline in employment while the unemployment rate jumped to 14.7%, the highest level since the Great Depression. However, the data are “less alarming than we might have expected,“ Schnure said. He noted that 60% of the job losses were in sectors such as restaurants, doctors’ offices, and retail—which may be in a posi...2020-05-1104 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastRetail Real Estate Pioneering New Strategies for a Post-COVID 19 Return to Business The retail real estate sector is leading the way in terms of preparing for a post-COVID 19 return to more normal business operations, according to Nareit Senior Economist Calvin Schnure.Speaking May 4 on the Nareit REIT Report, Schnure pointed to the various new safety measures that Simon Property Group, Inc. (NYSE: SPG) has implemented in order to reopen some of its malls.“The retail sector and the shopping malls are not isolated, they’re just the first part of our economy that’s going to be dealing with a post-COVID world. They are pioneering the way so that p...2020-05-0406 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastREIT Markets Lower, But Conditions Appear to be Settling While REIT share prices drifted lower in the past week, conditions appear to have settled somewhat compared to the large swings seen in the early weeks of the coronavirus crisis, said Nareit Senior Economist Calvin Schnure.Speaking April 27 on the Nareit REIT Report podcast, Schnure pointed to single digit moves in the past two weeks. One possible reason for the more restrained movement is the approach of first quarter earnings, he noted: “There could be a lot of investors who are in a wait-and-see mode.”Looking at real estate markets overall, Schnure highlighted the release of CoSt...2020-04-2705 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastREIT Markets Settling into Middle Range Following Sharp Declines in March After steep share price declines across the REIT industry in recent weeks, a more moderating pattern appears to have set in, according to Nareit senior economist Calvin Schnure.In an April 13 REIT Report podcast interview, Schnure noted that REITs are down 13% to 15% this year, representing a significant discount. However, “the markets appear to have settled into a middle range. You’re no longer seeing the very sharp declines that we saw in March and they’re looking forward to the period when this virus is more under control and the economy can get back to work—commercial real estate i...2020-04-1305 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastEconomic Uncertainty from Coronavirus to Remain High, Likely into May Nareit Senior Economist Calvin Schnure said in an April 6 REIT Report podcast interview that uncertainty surrounding the coronavirus and its impact on the economy and markets will remain high, certainly through April and likely into May.Schnure also noted that while REITs and broader stock indices are at a deep discount compared to pre-crisis levels, they are up from lows reached several weeks ago.Investors seem to be anticipating that the policy actions taken so far, notably the $2 trillion fiscal stimulus as well as Federal Reserve measures to support financial markets and make sure they continue...2020-04-0604 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastREITs’ Liquidity Resources Will Help Sector Face Coronavirus Challenges Ahead In the March 30 edition of the REIT Report podcast, Nareit Senior Economist Calvin Schnure highlighted the latest developments in how the coronavirus crisis is impacting the economy and commercial real estate.Schnure noted that public health officials are indicating that “we need to prepare for a long haul,” which in turn is increasingly impacting cash flows for businesses and wages and incomes for workers.The first hard data on the magnitude of the effect came last week as initial jobless claims soared to a record 3.3 million, but “even this number understates the true impact,” Schnure said. The unem...2020-03-3106 minAmerica‘s Commercial Real Estate ShowAmerica‘s Commercial Real Estate ShowCorona Time – March 23, 2020 – Commercial Real Estate Today  While we deal with work from home recommendations, social distancing and the shutdown of many businesses, what should we consider related to the impact on commercial real estate performance, values and transactions? How are tenants, landlords, investors and lenders reacting at this point? Show host and commercial broker Michael Bull, CCIM interviews Calvin Schnure, Economist with NAREIT on the current outlook of commercial real estate. 2020-03-2418 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastUltimate Economic, Financial Impact of COVID-19 Unclear Until More Progress on Public Health Front In the latest edition of the REIT Report podcast, Nareit Senior Economist Calvin Schnure said the ultimate economic and financial impact of COVID-19 will be unclear until there is more progress on the public health front. Authorities, meanwhile, are acting quickly to support the economy, including the resurrection of the Federal Reserve’s crisis programs, Schnure noted.“The most important impact on the economy is the short-term cash flow problems for businesses that rely on face-to-face interactions with the public…it is encouraging that authorities are acting quickly to support the economy through this period,” Schnure said. 2020-03-2305 minWealth Management InvestWealth Management InvestNREI Common Area – Episode 30 – Will the REIT Markets Hold Strong in 2020?In this episode of Common Area Podcast, David Bodamer interviews Calvin Schnure, Nareit’s senior vice president of research and economic analysis, about the various REIT markets, how they finished in 2019, and where he predicts they are headed for 2020. In this episode, you will learn: Which REIT sector finished the strongest in 2019 How … Read More Read More2020-03-1620 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastREITs’ Long-Term Leases Provide Some Stability During a Period of Market Turmoil In the latest edition of the Nareit REIT Report podcast, Nareit senior economist Calvin Schnure highlighted the latest developments surrounding the impact of the coronavirus pandemic on the economy and REITs.Schnure emphasized that this is first and foremost a public health crisis, but also one which is impacting the economic and financial livelihood of tens of thousands of people.The situation is changing quite rapidly, Schnure said. He noted that his analysis as of March 12 is different from what it was just a few days ago.Schnure noted that a pandemic of the...2020-03-1305 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastCommercial Real Estate Market in ‘Mature Recovery’ Stage at Start of 2020 In the latest edition of the Nareit REIT Report podcast, Calvin Schnure, Nareit senior vice president for research and economic analysis, shared his thoughts on the economy, real estate, and REITs in 2020.In Nareit’s 2020 Economic Outlook, Schnure uses the term “uncharted waters” to describe the current environment. He explained that the phrase underlines the fact that the risks normally faced this far into a typical expansion or commercial real estate boom aren’t present at this time.“We know there are risks ahead, we just can’t look to the usual corners to see where they are goi...2020-01-1507 minAmerica‘s Commercial Real Estate ShowAmerica‘s Commercial Real Estate ShowREIT Performance and Forecast from Nareit Watch this segment's video on our YouTube channel: https://youtu.be/pMQSZCBNb58 Calvin Schnure, Senior VP with Nareit, joins Michael to discuss the state of the REIT industry, including performance, interest rates, and where we are in the cycle.2019-05-0612 minAmerica‘s Commercial Real Estate ShowAmerica‘s Commercial Real Estate ShowFactors Impacting Commercial Real Estate and Real Estate Investment Trusts Michael interviews Calvin Schnure, PhD, Senior V.P of Research and Economic Analysis with NAREIT about the factors impacting commercial real estate and the future performance of Real Estate Investment Trusts.2019-03-1328 minRadio Dies ScreamingRadio Dies ScreamingDynamite Hemorrhage Radio #131Let's return to the obscure, the marginal, the sub-underground and the exceptional. Dynamite Hemorrhage Radio edition 131 features a ton of new stuff from ANDY HUMAN & THE REPTOIDS, GONG GONG GONG, PREENING, HEADROOM, VITAL IDLES, BRANNTEN SCHNÜRE and more. You'll also find the usual collection of pre-2018, post-1965 freaks and iconoclasts to round out the 20 or so tunes.Track listing:ANDY HUMAN & THE REPTOIDS - Echo PedalTHE OFFSET: SPECTACLES - Flatline InsomniaGONG GONG GONG - Something’s HappeningBRANNTEN SCHNURE - Wiederholungen beim MittagessenDIAMANTENER OBERHOF - Das...2019-01-301h 03Nareit\'s REIT Report PodcastNareit's REIT Report PodcastREIT Underlying Fundamentals Point to Upside Potential in 2018 Nareit’s Calvin Schnure says increased certainty on interest rates will support REITs. 2018-05-0206 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastREITs and Interest Rates with Nareit's Calvin Schnure Nareit's Calvin Schnure discusses the effects of interest rates and REITs. 2018-02-1506 minNareit\'s REIT Report PodcastNareit's REIT Report PodcastREITs’ Strategies for Changes in Retail Paying Off NAREIT’s Calvin Schnure discusses the impact of REITs’ efforts to adapt to shifts in consumer shopping behavior. 2017-04-2104 min