Q1 Performance Summary
SKRADD-NTRE: +0.1%
The SKRADD-NTRE, which tracks the largest non-traded equity REITs, returned 0.1% in Q1 2024.
SKRADD-NTRED: +0.4%
The SKRADD-NTRED, which does not allow for the inclusion of sector-specific programs, rose 0.4% during the quarter.
Publicly-Traded REITs: -0.4%
After a strong rally in 2023, listed REITs experienced a modest pullback in Q1 2024, as the S&P United States REIT Index dropped 0.4%.
Core Real Estate Funds: -2.4%
The NFI-ODCE fell 2.4% in Q1, marking its sixth straight quarter of negative returns.
Property-Level Returns: -1.0%
The NCREIF Property Index also continued its decline, falling 1.0% during Q1.
Altidar High Return - IPC Alternative Real Estate Income Trust: +2.1%
Altidar Low Return - Cottonwood Communities: -4.2%
Download Q1 Report
For a more in-depth analysis, download the full Q1 index update below. This report offers a historical perspective on the index returns, real estate benchmark comparisons, and recent performance data for the non-traded equity REITs featured on the Altidar platform.