A tough week for stocks

First, the good news — ACCRE is doing fine.  We generally avoid mid-month reporting, but I’m pleased to say that ACCRE is up for the month, which unfortunately I can’t say for the market as a whole.

Month to date 8 23 19

I’m adding a new metric to our comparisons starting this month — the S&P REIT Index.  Previously, we’ve been using the FTI REIT index, which is computed monthly in conjunction with NAREIT.  Hopefully, the S&P REIT Index will give us some more timely results for comparison.  If so, I’ll re-hash all of our charts back to the inception with historic data.  As you can see, we not only trounced the S&P this month, but also came in significantly better than the all-REIT index.

Have a great weekend, everyone!

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