Residential REITs: Stability In An Unstable World

Mar. 20, 2023 11:00 AM ET, , , , , , , , , 3 Comments
Armada ETF Advisors
198 Followers

Summary

  • The recent collapse of Silicon Valley Bank and the launch of the Federal Reserve’s Bank Term Funding Program (“BTFP”) have sent markets on a roller-coaster ride.
  • Recent housing data continues to show signs of home prices moving lower, and sequential asking rents in several major apartment markets has been moving lower as well.
  • We are shedding some light on the balance sheet characteristics of the Top 10 holdings (constituting roughly 70% of the total portfolio) within HAUS.

Close up of fountain pen on a balance sheet

DNY59

SVB and Residential REITs

The recent collapse of Silicon Valley Bank (SVB) and the launch of the Federal Reserve's Bank Term Funding Program ("BTFP") have sent markets on a roller-coaster ride. Currently, the 10-year treasury yield is hovering around 3.50% coming off its recent 4% level. Recent housing

Armada ETF Advisors is the sub-advisor to the Residential REIT Income ETF (Ticker:  HAUS) led by a REIT-experienced management team.

This article was written by

198 Followers
Armada ETF Advisors is the Sub-Advisor to The Residential REIT ETF (Ticker:  HAUS) and The Private Real Estate Strategy via Liquid REITs ETF (Ticker:  PRVT).  HAUS invests in publicly traded REITs that derive their revenue from ownership and/or management of residential properties.PRVT seeks to replicate the fundamental allocation of the largest private real estate funds using publicly traded REITs in a more efficient vehicle.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of HAUS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

I have no direct investment in any company whose stock is mentioned in this article. Armada ETF Advisors is the Sub-Advisor to The Residential REIT Income ETF. HAUS is an actively managed exchange-traded fund that will invest in publicly traded REITs that derive their revenue from ownership and/or management of residential properties. * This document is for informational purposes only and is not intended to be, nor should it be construed or used as an offer to sell, or a solicitation of any offer to buy, any security. Additionally, the information herein is not intended to provide, and should not be relied upon for, legal advice or investment recommendations. You should make an independent investigation of the matters described herein, including consulting your own advisors on the matters discussed herein.*

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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