3 US Real Estate Stocks Investors Are Watching Before The Next Fed Decision

With the June 2026 CPI print landing just weeks before a key Federal Reserve meeting, interest rate expectations are again front and center for anyone watching US real estate stocks. Rate sensitive property companies can see their borrowing costs and valuations shift quickly when inflation surprises. This article breaks down how that backdrop connects to three stocks from a US Rate Sensitive Real Estate screener and why their reactions could matter for your portfolio.

The three stocks below are just a starting sample, and the full screen surfaced 7 more US rate sensitive real estate companies with equally compelling stories that are not covered here. To go deeper into this theme, head straight to the US Rate-Sensitive Real Estate Stocks screener to analyze, filter and identify the ideas that best fit your own view on rates.

Marcus & Millichap (MMI)

Overview: Marcus & Millichap is a commercial real estate brokerage that helps investors buy, sell, finance, and lease income producing properties across the US and Canada, supported by in house research and advisory teams that cover everything from apartments and retail centers to industrial and medical offices.

Market Cap: US$1.19b

Marcus & Millichap sits at the heart of commercial real estate transaction activity. Any easing in rates after the June CPI print could feed directly into higher deal volumes, more financing mandates, and stronger fee income. The company has recently returned to profitability, reported Q2 2026 revenue of US$202.92 million with a swing back to positive net income, and continues to invest in technology, capital markets capabilities, and specialist hires to support future growth. At the same time, it still leans heavily on transaction driven commissions and trades on a high P/E multiple, so investors need to weigh that sensitivity to market cycles and valuation carefully.

Marcus & Millichap’s return to profitability and rate sensitive deal flow could be setting up an inflection that many investors are overlooking. See how the DCF valuation analysis for Marcus & Millichap frames that upside against a valuation risk that might surprise you.

Build your own rate sensitive real estate shortlist

Marcus & Millichap and the two other real estate stocks in this article all came from a single screener, but the real value comes when you shape your own filters. Use our customizable Screener to mix valuation, quality, and risk checks, or tap into our curated Investing Ideas for ready made starting points.

RMR Group (RMR)

Overview: RMR Group is a US based real estate asset manager that oversees a broad mix of properties for listed REITs, operating companies, and private capital vehicles, including healthcare facilities, senior living communities, hotels, offices, industrial sites, and specialized assets.

Market Cap: US$624.3 million

RMR Group operates at the point where interest rates, property values, and fee income intersect, which may be particularly relevant with June CPI potentially influencing the next Fed decision. The company earns fees from a diversified set of real estate platforms, including healthcare and senior living assets that are connected to long term demographic trends, and it combines that with a 9.25% dividend. At the same time, shrinking profit margins, a challenging fundraising environment, and reliance on external borrowing mean the dividend and earnings profile involve risk. For investors tracking how lower rates could affect fee based asset managers as capital markets evolve, RMR Group may merit closer attention.

RMR Group’s fee engine sits where real estate, interest rates, and a 9.25% dividend intersect, yet many investors may be missing the full picture. Run through the 4 key rewards and 2 important warning signs (1 is major!) to see what could be hiding in plain sight.

Newmark Group (NMRK)

Overview: Newmark Group is a global commercial real estate advisor that helps investors, owners and occupiers buy, sell, finance, lease and manage properties, while also providing valuation, consulting, workspace solutions and technology driven services across the US and key international markets.

Operations: Newmark Group generates about US$3.6b in revenue from real estate services including investment sales, mortgage brokerage, leasing, servicing, advisory and property management.

Market Cap: US$3.6b

Newmark Group sits at the intersection of rate sensitive real estate transactions, financing and long term management mandates, so any shift in inflation and Fed expectations after the June CPI print is relevant. Analysts currently expect earnings growth, the stock trades below some estimated fair value models, and recent Q2 updates indicate revenue momentum in capital markets and management services. At the same time, the company carries high debt, is investing heavily in technology and expansion, and has modest profit margins, so execution and funding risk remain important considerations. For investors who want exposure to a large commercial real estate platform that is focusing on data centers, global expansion and recurring fees, this is a story worth examining more closely.

Newmark Group’s push into data centers, global reach and recurring fees could be masking a much bigger earnings story. Walk through the analyst forecasts for Newmark Group to see what the headline numbers might be missing.

Seeking Fresh Alternatives Before Others?

Some of the sharpest breakouts start flying while most investors stay focused elsewhere. To catch momentum shifts and fresh under the radar ideas before the crowd moves and the edge drops, consider acting early.

• Spot under followed growth stories early by scanning the 19 high quality undiscovered gems that filters for strong fundamentals before they are fully caught in the wider market spotlight.
• Target durable income streams by reviewing the 8 dividend fortresses built around higher yielding companies that still clear strict balance sheet and payout quality checks.
• Track long term infrastructure trends by following the 36 power grid technology and infrastructure stocks that highlights businesses tied to grid upgrades, electrification and critical power technology while they are still under the radar.

This article by Simply Wall St is general in nature. We provide commentary based on historical data
and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your
financial situation. We aim to bring you long-term focused analysis driven by fundamental data.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com