Our Research

GTIS conducts macro research at the national, regional, submarket and individual asset level and seeks in-depth understanding of the value drivers that can contribute to superior risk adjusted returns. Through its proprietary research, GTIS provides:

  • White papers on emerging real estate topics
  • Market Commentaries on markets and sectors in Brazil and the United States
  • Quarterly Live Webinars
  • Editorials in Industry Publications
  • Fundamental Macro Research Analysis

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Research Highlights

2018 – Q3 Cyclical Entry Point In Recovery

2018 – Q2 Trump's First Year In Review

2018 - Q2 Land Development Strategy Overview

2018 – Q3 Cyclical Entry Point In Recovery

In the Q1 2018 Market Commentary, “Cyclical Entry Point in Recovery,” GTIS Research covered the perfect storm of policy errors and external factors that created the current recession, the ensuing recovery, and the outlook on the economy and real estate market. Policy errors under the previous administration coupled with extraordinary factors led to Brazil’s worst economic crisis in recent history. The prolonged recession led to a freeze in real estate markets that has only recently started to thaw with the economic recovery. A gradual recovery in business sentiment, employment, and tourism demand has resulted in the bottoming of real estate values across sector types in Brazil. However, federal and local fiscal balance issues have led to a significant pullback in public investment, and pointing to a significant need for private capital investment over the long-term. GTIS believes that Brazil today presents a promising investment opportunity for investors with a deep understanding of the complex regulatory framework and the ability to leverage proprietary data to navigate Brazil’s opaque real estate market.

2018 – Q2 Trump'a First Year In Review

In the Q3 2016 Market Commentary, “Post-Election US Outlook,” GTIS Research covered possible policy scenarios under the incoming Trump administration based on promises made during his presidential election campaign. At the time, we noted that the Trump platform offered little detail on policy, but we believed the administration would target five key areas: trade, immigration, taxes, infrastructure, and regulation. With one year officially concluded, the administration has arguably accomplished the greatest policy impact in three areas: 1) tax reform, 2) trade policy, and 3) deregulation. Tax reform and deregulation are expected to have a positive impact on the economy and the real estate sector in particular, while trade tariffs have met opposition from both sides of the aisle and carry significant risks for economic growth. All three policy areas create economic winners and losers in the transition to the new policy framework, and a careful study of sector and market impact is warranted to better inform investment strategy..

2018 - Q2 Land Development Strategy Overview

Although integral to the residential housing chain, land development is a specialized strategy with limited market intelligence and few national or publicly-traded players. While the lack of market data can contribute to more uncertainty and volatility, it also leads to market inefficiencies and limited competition that can provide for attractive investment opportunities. Over the course of a 12‐year track record, GTIS has invested in over 8,500 single‐family homes and 34,000 homebuilding lots across 20 markets, and built a deep relationship network with key participants in the sector. This investment experience, geographical reach, and extensive industry network allows us to make some broader observations about the land development market and identify strategies that are likely to generate attractive returns.