Important Information
N/A 3171602
Opinions expressed are those of the author, are based on current market conditions and are subject to change without notice. These opinions may differ from those of other Invesco investment professionals.
This does not constitute a recommendation of any investment strategy or investment product to any particular investor. If you are unsure whether an investment is suitable for you, please consult a financial professional before making any investment decision.
Data current as of September 2023 unless otherwise stated.
A basis point is a unit equal to one-hundredth of a percentage point.
The federal funds rate is the interest rate that depository institutions lend to each other.
A capital stack is the layers of funding provided for a real estate investment. The relative risk within the capital stack tends to be related to the payment priority of the various positions in the capital stack. The two broadest categories of real estate capital stacks are equity and debt, with debt typically taking priority in repaying loans.
The value of and income from investments will fluctuate (this may be due in part to fluctuations in exchange rates). Investors may not get back the full amount invested. Real estate and land may be difficult to sell and investors may not be able to sell such investments when they wish to do so. The value of real estate is generally the opinion of an independent appraiser and may not be realized.
Interest rate risk generally refers to the risk that bond prices will fall when interest rates rise, and vice versa. If an issuer is unable to repay interest and principal, the value of the bond will fall and the issuer's credit rating will be lowered.
Real estate assets generally have illiquid characteristics and, although certain types of investments are expected to generate current income, recovery of capital and realization of gains from the investment often occurs upon disposition of some or all of such investments.
Investing in real estate generally involves moderate to high risk. You may lose some or all of your capital.