Essential Properties: Interest Rate Cuts Should Boost This REIT

DNY59 Overview The real estate sector (XLRE) continues to be one of the worst performing asset classes since the initial pandemic drop in 2020. The embracing of remote work changed the sentiment around demand for real estate and this was coupled with aggressive interest rate hikes throughout 2022 and 2023. As a result, the sector severely underperformed the rest of the market indexes like the S&P 500 (SPY). However, I believe that the outlook has drastically improved and we can look forward to interest rate ...