Chilton Capital sees higher rates creating acquisition opportunities for public REITs
XLRE•Chilton Capital’s third-quarter analysis said higher rates are creating acquisition opportunities for public REITs. The S&P 500 gained 2.3% in the quarter, while the Vanguard Real Estate ETF fell 6.2% as Treasury yields rose to 5.29%.
1. Quarterly market performance
Chilton Capital Management’s third-quarter 2026 analysis said the S&P 500 gained 2.3%, bringing its year-to-date return to 12.7%. Second-quarter S&P 500 earnings per share grew more than 30% year over year, supported by accelerating revenue growth and improving margins. Iran-related energy inflation pushed 10-Year Treasury yields to 5.29% on September 30, from 4.44% at the quarter’s start; the Bloomberg US Aggregate Index fell 3.5% for the quarter and 2.9% year to date, while the Vanguard Real Estate ETF returned -6.2%.
