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Adelante Capital Management

Founded in 1995, Adelante is a global investment management firm focused on real estate securities, predominantly REITs. We employ a disciplined investment process seeking high quality portfolios for our clients at attractive prices relative to direct real estate values or Net Asset Value (“NAV”). Learn more about our firm

Institutional Investors

Adelante’s legacy as a premier real estate securities investment firm is a reflection of our long-term relationships with institutional investors and the financial investment consultants that serve and represent our clients, as well as companies in the commercial real estate investment community.

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Financial Professionals

The inclusion of real estate securities in an investment portfolio and access to quality real estate investment expertise is no longer the sole realm of the institutional investor. Through their financial advisors, individual investors can access Adelante’s deep investment knowledge and experience.

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Insights

Learn from our library of articles showcasing our industry expertise

1Q17 Capital Market Outlook

There are a number of mitigating factors keeping a lid on the 10-Year Treasury Note yield: “monetary offset,” global yield differentials and the possibility that Trumpflation may disappoint in actuality. Thus far, the legislative accomplishments of President Trump and a unified Congress have been underwhelming. After demonizing Obamacare for the past seven years, Speaker Ryan and the Republican House

1Q17 Capital Market Review

Not surprisingly, politics dominated the start to the New Year. The optimism that permeated the investment/corporate community after the election of Donald J. Trump managed to survive (i) an ill-fated immigration ban, (ii) a half-assed attempt to “repeal and replace” the Affordable Care Act and (iii) a never-ending investigation into the potential collusion between members of the victorious Trump

4Q16 Capital Market Outlook

Reviewing the returns of the various property types in the Index subsequent to the election, it is clear that the duration of the lease term was the most important factor in determining the relative winners and loser. However, there is a ceiling to the reflation trade for even the most ardent fan of Donald Trump and a unified Republican

4Q16 Capital Market Review

A Huge Win for the Donald. 2016 has turned out to be annus horribilis for establishment politics and politicians as well as pollsters who have repeatedly underestimated global populist discontent, which discontent found an unlikely champion in the US in a billionaire prone to tweeting late into the night. Perhaps even more unexpected than the election results was the
Michael Torres Testimonial
Michael TorresWe honor the privilege entrusted in us by each and every client.
Jeung Hyun Testimonial
Jeung HyunOur size allows us to apply our NAV metric in the most disciplined manner possible.

Friday Market Recap

Weekly Assessment of Global Real Estate Trends

SRC Chairman and CEO

In the U.S.: With a hawkish sense Cleveland Federal Reserve President Loretta Mester said “I have a bit stronger growth forecast than some–personal incomes rising; labor market and confidence good–I don’t subscribe to a wait and see attitude on rates”. President Trump fired FBI director James Comey. In prepared remarks Mr. Trump said “while I greatly appreciate you informing

Puerto Rico Municipal Bankruptcy

In the U.S.: April Nonfarm payrolls increased 211K versus March’s downwardly revised 79K increase. The Unemployment rate declined to 4.4% marking the lowest level since May 2007. The strong payrolls reading helped prove that March’s disappointing reading was likely heavily impacted by Winter Storm Stella. The House passed an Obamacare replacement bill by a thin margin (217-213) sending the

Trump Poll by WSJ/NBC

In the U.S.: According to a poll done by WSJ/NBC 40% approve of the job President Trump is doing while 54% disapprove. The 14% gap is up from 4% in February.  President Trump enters his 4th month with a lower approval rating at this period than the previous 11 Presidents. During its 85th anniversary North Korea conducted live-fire drills

Domestic Real Estate Securities Strategy

Adelante Capital Management’s domestic real estate securities strategy is designed for those investors who recognize the diversification benefits of real
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Global Real Estate Securities Strategy

Adelante’s Global Real Estate Investment Strategy is designed for those private and institutional and individual investors who both recognize the diversification benefits of real estate in their overall investment portfolios and also desire exposure outside the U.S. commercial real estate market.

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