Most reviews of the best-performing market sectors focus on capital appreciation. If we look at the first four months of 2021 through that lens, we’d have to say that Bitcoin—if you consider the cryptocurrency a sector—handily beat out all competitors. Now, we all know how volatile Bitcoin’s been, so it shouldn’t be surprising that it would have trouble topping the list on a risk-adjusted basis. And indeed that’s true. Measured by its Sharpe ratio, Bitcoin comes in fourth. So, what sector was on top? Real estate.
Berkadia's Dori Nolan discusses how big institutions have altered their strategies when investing in the commercial real estate space. Sponsored by Ryan
Businesses are trying to assess how to roll back mask rules based on the most recent CDC guidance, reports The New York Times. Green Street reports that the volume of distressed debt has doubled. These are among today’s must reads from around the commercial real estate industry.