ACCRE November Report

Wow… time flies in the holiday season!  Normally, I want these end-of-month reports to hit pretty close to the end of the month.  However, Thanksgiving and a biz trip to NYC massively upset my schedule.  Mea culpa…

Anyway, November was a good month for investments in general, but real estate was bland overall.  Note that the S&P Property Index actually retrenched a bit in November, in no small part because there is so much excitement in the S&P 500.  We pulled out a nice, positive month, although not quite as aggressive as we’d hoped.  I had considered some portfolio rebalancing in November, but when I saw how we were doing relative to the rest of the real estate market, I decided hands-off was the better part of valor.

Dollar invested 11 29 19

I’ll be back in a few days with the mid-month report, and as always, subscribers will receive notifications of any portfolio changes.  Best wishes for a great December!

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