📰 #REIT Market Update - January 8, 2023 🏢 Bank of America's Moves: * Host Hotels & Resorts receives a double upgrade to Buy from Underperform with a boosted price target of $23. * Apple Hospitality REIT, Inc. faces a downgrade to Neutral from Buy, accompanied by a slight price target reduction to $18. * Pebblebrook Hotel Trust (NYSE: PEB) sees a downgrade to Underperform from Neutral maintaining a $13.50 price target. Morningstar's Ratings Adjustment: * On Friday, American Tower was downgraded to Hold from Buy with a revised price target of $215. Strategic Financial Moves: * Federal Realty Investment Trust's operating partnership initiates a $400 million exchangeable senior notes offering, supporting strategic financial transactions and general corporate purposes. Corporate Performance and Guidance: * NETSTREIT Corp. (NYSE: NTST) provides updates on Q4 2023 and full-year business activities projecting a 2024 AFFO guidance range of $1.24-$1.28/share. Property Acquisitions by FCPT: * On Friday, Four Corners Property Trust acquired two Oak Street Health properties in Iowa and Louisiana for $4.2 million. Moody’s Affirmation and Outlook: * On Friday, Moody’s affirmed Kilroy Realty Corporation's L.P.'s backed senior unsecured ratings at "Baa2" with a negative outlook including a "(P)Baa2" rating to its senior unsecured debt shelf registration. Board Leadership Changes: * On Friday, COPT Defense Properties announced Robert L. Denton, Sr. as the new Chairman of the Board, effective January 1, 2024, succeeding Thomas F. Brady, who resigned but remains on the Board. Stay informed about the latest developments in the REIT sector with The Daily REIT Beat Newsletter at www.thedailyreitbeat.com! 💼📊 #REITs #RealEstateInvesting #MarketUpdates #FinancialNews

🏢 #REIT Headlines -- September 13, 2024 📅 🚀 Citi Upgrades Federal Realty Investment Trust to Buy from Neutral and raises price target by $15 to $135 🚀 Citi Upgrades Sabra Health Care REIT, Inc. to Buy from Neutral and raises price target by $3 to $20 🔄 Citi Upgrades SL Green Realty Corp. to Neutral from Sell and raises price target by $22 to $66 🔻 Citi Downgrades Alexandria Real Estate Equities, Inc. to Neutral from Buy and lowers price target by $5 to $125 📈 Wells Fargo Upgrades Xenia Hotels & Resorts, Inc. to Overweight from Equalweight and lowers price target by $1 to $15 🔄 Wells Fargo Upgrades Sunstone Hotel Investors, Inc. to Equalweight from Underweight and maintains $10.50 price target 🔻 Wells Fargo Downgrades RLJ Lodging Trust to Underweight from Equalweight and lowers price target by $2 to $9 🚀 Colliers Securities Upgrades Medical Properties Trust, Inc. to Buy from Neutral and raises price target by $1.50 to $6.50 🔻 UBS Downgrades CubeSmart to Neutral from Buy and raises price target by $1 to $54 💵 Kimco Realty Corporation Prices $500M Notes Due 2035 📍 4.85% Interest Rate 🏗️ Funds to be Used for Investments, Redevelopment, and Debt Repayment 🏢 Alexandria Real Estate Equities, Inc. Completes $150M Sale of 1165 Eastlake Avenue East 🔬 Sold to Fred Hutch Cancer Center 📉 Cap Rate of 4.9% 🔄 Proceeds to Fuel Future Development ✂️ Paramount Group Suspends Dividend 💰 During 2024, the Company paid three regular quarterly dividends aggregating $0.1050 per share of common stock, which approximates 100% of its estimated 2024 taxable income 🔊 “The decision by our Board of Directors to suspend our regular quarterly dividend aligns with our commitment to fortify our balance sheet and maintain the utmost financial flexibility.” 🔍 S&P Affirms Brixmor Property Group’s BBB Ratings 🔒 Stable Outlook for Issuer Credit and Issue-Level Ratings 🏌️♂️ Five Iron Golf Announces New Location 📍 Brandywine Realty Trust's Three Logan Square, 1717 Arch Street, Philadelphia 🌟 Third Corporate-Owned Location Like these headlines and information? Get this and so much more with The Daily REITBeat Newsletter (www.thedailyreitbeat.com)

🏢 #REIT Headlines -- September 13, 2024 📅 🚀 Citi Upgrades Federal Realty Investment Trust to Buy from Neutral and raises price target by $15 to $135 🚀 Citi Upgrades Sabra Health Care REIT, Inc. to Buy from Neutral and raises price target by $3 to $20 🔄 Citi Upgrades SL Green Realty Corp. to Neutral from Sell and raises price target by $22 to $66 🔻 Citi Downgrades Alexandria Real Estate Equities, Inc. to Neutral from Buy and lowers price target by $5 to $125 📈 Wells Fargo Upgrades Xenia Hotels & Resorts, Inc. to Overweight from Equalweight and lowers price target by $1 to $15 🔄 Wells Fargo Upgrades Sunstone Hotel Investors, Inc. to Equalweight from Underweight and maintains $10.50 price target 🔻 Wells Fargo Downgrades RLJ Lodging Trust to Underweight from Equalweight and lowers price target by $2 to $9 🚀 Colliers Securities Upgrades Medical Properties Trust, Inc. to Buy from Neutral and raises price target by $1.50 to $6.50 🔻 UBS Downgrades CubeSmart to Neutral from Buy and raises price target by $1 to $54 💵 Kimco Realty Corporation Prices $500M Notes Due 2035 📍 4.85% Interest Rate 🏗️ Funds to be Used for Investments, Redevelopment, and Debt Repayment 🏢 Alexandria Real Estate Equities, Inc. Completes $150M Sale of 1165 Eastlake Avenue East 🔬 Sold to Fred Hutch Cancer Center 📉 Cap Rate of 4.9% 🔄 Proceeds to Fuel Future Development ✂️ Paramount Group Suspends Dividend 💰 During 2024, the Company paid three regular quarterly dividends aggregating $0.1050 per share of common stock, which approximates 100% of its estimated 2024 taxable income 🔊 “The decision by our Board of Directors to suspend our regular quarterly dividend aligns with our commitment to fortify our balance sheet and maintain the utmost financial flexibility.” 🔍 S&P Affirms Brixmor Property Group’s BBB Ratings 🔒 Stable Outlook for Issuer Credit and Issue-Level Ratings 🏌️♂️ Five Iron Golf Announces New Location 📍 Brandywine Realty Trust's Three Logan Square, 1717 Arch Street, Philadelphia 🌟 Third Corporate-Owned Location Like these headlines and information? Get this and so much more with The Daily REITBeat Newsletter (www.thedailyreitbeat.com)

📊 #REIT Market Insights - December 11, 2023 🏢💼 1. Evercore ISI's Adjustment for CUBE: 📉 Evercore ISI downgrades CubeSmart to Inline from Outperform raising its price target by $1 to $43. 2. Other Evercore ISI Ratings Adjustments: 🔄 Evercore ISI downgrades NSA Storage ($35) and Vornado Realty Trust ($28) to Underperform from Inline. 3. Mizuho's Upgrades: 📈 Mizuho strategically upgrades Net Lease REITs NETSTREIT Corp. (NYSE: NTST) ($18) and Realty Income Corporation ($58) to Buy from Neutral. 4. Mizuho's Downgrades: 📉 Mizuho downgrades Agree Realty Corporation ($61), Equity Residential ($58), and Gaming and Leisure Properties, Inc. ($47) to Neutral from Buy. 5. PRET's Comprehensive Reorganization Announcement: 💼 PREIT announces a robust reorganization strategy to fortify its balance sheet, reduce total indebtedness by approximately $880 million, and extend its maturity runway. Funding commitments of approximately $135 million secured from leading investors, signaling a pivotal step towards a recapitalized PREIT. A voluntary Chapter 11 filing in the United States Bankruptcy Court for the District of Delaware initiates the implementation of its Prepackaged Plan. 6. WSR Lawsuit Update: 💼 Whitestone REIT announced that on Friday, December 8, 2023, the District Court in Harris County, Texas dismissed all claims made by former Whitestone CEO, James C. Mastandrea, against the Company and members of the Board of Trustees and management related to the termination of his employment 6. Fitch Ratings' Positive Outlook for HST: 📈 On Friday, Fitch Ratings upgrades the Long-Term Issuer Default Rating for Host Hotels & Resorts and its limited partnership to “BBB” from “BBB-“ with a stable outlook. Elevate your understanding of the REIT market with nuanced insights from www.thedailyreitbeat.com! 📰🌐 #REITs #RealEstateNews #ProfessionalInsights 📈🏡

💼 #REIT Headlines -- 4/30/2024 🏢 📈 Quarterly Earnings Announcements: * Acadia Realty Trust, American Tower, Brixmor Property Group, Centerspace, Easterly Government Properties, LTC Properties, Inc. (NYSE: LTC), Macerich, NETSTREIT Corp. (NYSE: NTST), NexPoint Residential Trust Inc, SITE Centers, SBA Communications, Sun Communities & Sun Outdoors, and Welltower™ Inc. (NYSE:WELL) all reported their quarterly earnings. 🔔 Upcoming Earnings Releases: * American Assets Trust, Inc., Boston Properties (BXP), Community Healthcare Trust, Essex Property Trust, Extra Space Storage, Industrial Logistics Properties Trust, Invitation Homes, InvenTrust Properties Corp. (IVT), JBG SMITH, Kite Realty Group, Piedmont Office Realty Trust, Park Hotels & Resorts, Public Storage, Tanger, STAG Industrial, Inc., UDR - Opening Doors to your future, and W. P. Carey Inc. are set to announce their earnings after today's trading * NNN REIT, Inc. will share its results tomorrow morning before the market opens. 🏥 Property Acquisition by Four Corners Property Trust: * FCPT made a strategic move with the acquisition of a Patient First Urgent Care property in PA for $6.6 million. * Approximately ten years of lease term remaining and priced at a 7.1% cap rate. 🌟 Moody’s Upgrades Invitation Homes: * Moody’s upgraded INVH's operating partnership, reflecting its improved financial strength and stability. * The senior unsecured debt rating has been raised to “Baa2” from “Baa3,” with a revised stable outlook 📊 Moody’s Affirms Ratings for Lamar Advertising Company: * Moody’s affirmed the various ratings of LAMR and its subsidiary including its stable outlook Get all this information and much more with The Daily REITBeat Newsletter (www.thedailyreitbeat.com)!

📊 #REIT Market Insights - December 11, 2023 🏢💼 1. Evercore ISI's Adjustment for CUBE: 📉 Evercore ISI downgrades CubeSmart to Inline from Outperform raising its price target by $1 to $43. 2. Other Evercore ISI Ratings Adjustments: 🔄 Evercore ISI downgrades NSA Storage ($35) and Vornado Realty Trust ($28) to Underperform from Inline. 3. Mizuho's Upgrades: 📈 Mizuho strategically upgrades Net Lease REITs NETSTREIT Corp. (NYSE: NTST) ($18) and Realty Income Corporation ($58) to Buy from Neutral. 4. Mizuho's Downgrades: 📉 Mizuho downgrades Agree Realty Corporation ($61), Equity Residential ($58), and Gaming and Leisure Properties, Inc. ($47) to Neutral from Buy. 5. PRET's Comprehensive Reorganization Announcement: 💼 PREIT announces a robust reorganization strategy to fortify its balance sheet, reduce total indebtedness by approximately $880 million, and extend its maturity runway. Funding commitments of approximately $135 million secured from leading investors, signaling a pivotal step towards a recapitalized PREIT. A voluntary Chapter 11 filing in the United States Bankruptcy Court for the District of Delaware initiates the implementation of its Prepackaged Plan. 6. WSR Lawsuit Update: 💼 Whitestone REIT announced that on Friday, December 8, 2023, the District Court in Harris County, Texas dismissed all claims made by former Whitestone CEO, James C. Mastandrea, against the Company and members of the Board of Trustees and management related to the termination of his employment 6. Fitch Ratings' Positive Outlook for HST: 📈 On Friday, Fitch Ratings upgrades the Long-Term Issuer Default Rating for Host Hotels & Resorts and its limited partnership to “BBB” from “BBB-“ with a stable outlook. Elevate your understanding of the REIT market with nuanced insights from www.thedailyreitbeat.com! 📰🌐 #REITs #RealEstateNews #ProfessionalInsights 📈🏡

📰 #REIT Headlines - 1/5/2023 🏢 🚀 KeyBanc's Bold Moves: Upgrades NSA & ROIC, Downgrades AVB, DOC, MPW * KeyBanc makes strategic upgrades, favoring NSA Storage ($45) and Retail Opportunity Investments Corp. ($16) with Overweight ratings while downgrading AvalonBay Communities, Physicians Realty Trust (NYSE: DOC), and Medical Properties Trust, Inc. to Sector Weight 📉 Baird Adjustments: REXR and STAG Get a Neutral Rating * Baird downgrades Rexford Industrial ($61) and STAG Industrial, Inc. ($41) to Neutral 🔄 Wolfe Research's Move: SITC Downgraded to Peer Perform * Wolfe Research recalibrates its outlook, downgrading SITE Centers to Peer Perform 💰 Major Offerings: SUI and MAA Secure Senior Notes * Sun Communities & Sun Outdoors and MAA make significant financial moves with the issuance of $500 million and $350 million senior notes, respectively 🏢 REXR's Property Portfolio Tweaks: Acquisitions and Dispositions * Rexford Industrial announces strategic property investments totaling $69.5 million and disposes of a property for $11.3 million. 📊 CTO and PINE 2023 Updates: Investment, Disposition, and Leasing Activities * CTO Realty Growth, Inc. and Alpine Income Property Trust provide comprehensive updates on their 2023 investment, disposition, and leasing activities. 📈 UMH and MPW Announcements: Operating Results and Rent Recovery Plans * UMH Properties, Inc. releases an update on its year-end 2023 operating results, while Medical Properties Trust, Inc. reveals plans to recover uncollected rents, totaling approximately $50 million. 🤝 AMT's Global Agreement: Partnership with Data Infrastructure Trust * American Tower signs a definitive agreement with Data Infrastructure Trust, potentially yielding up to $2.5 billion in cash proceeds. 🌐 S&P Global's Rating Affirmation: KRC's Outlook Revised to Negative * S&P Global affirms Kilroy Realty Corporation's ratings, maintaining a "BBB" issuer credit rating, but revises its outlook to negative. 🎉 SBRA's Leadership Boost: Jessica Flores Appointed EVP and Chief Accounting Officer * Sabra Health Care REIT, Inc. announces the appointment of Jessica Flores as Executive Vice President and Chief Accounting Officer. Stay tuned for more detailed updates and learn more at www.thedailyreitbeat.com! 🌐📈 #REIT #RealEstateInvestment #FinanceNews

📰 #REIT Headlines - 1/5/2023 🏢 🚀 KeyBanc's Bold Moves: Upgrades NSA & ROIC, Downgrades AVB, DOC, MPW * KeyBanc makes strategic upgrades, favoring NSA Storage ($45) and Retail Opportunity Investments Corp. ($16) with Overweight ratings while downgrading AvalonBay Communities, Physicians Realty Trust (NYSE: DOC), and Medical Properties Trust, Inc. to Sector Weight 📉 Baird Adjustments: REXR and STAG Get a Neutral Rating * Baird downgrades Rexford Industrial ($61) and STAG Industrial, Inc. ($41) to Neutral 🔄 Wolfe Research's Move: SITC Downgraded to Peer Perform * Wolfe Research recalibrates its outlook, downgrading SITE Centers to Peer Perform 💰 Major Offerings: SUI and MAA Secure Senior Notes * Sun Communities & Sun Outdoors and MAA make significant financial moves with the issuance of $500 million and $350 million senior notes, respectively 🏢 REXR's Property Portfolio Tweaks: Acquisitions and Dispositions * Rexford Industrial announces strategic property investments totaling $69.5 million and disposes of a property for $11.3 million. 📊 CTO and PINE 2023 Updates: Investment, Disposition, and Leasing Activities * CTO Realty Growth, Inc. and Alpine Income Property Trust provide comprehensive updates on their 2023 investment, disposition, and leasing activities. 📈 UMH and MPW Announcements: Operating Results and Rent Recovery Plans * UMH Properties, Inc. releases an update on its year-end 2023 operating results, while Medical Properties Trust, Inc. reveals plans to recover uncollected rents, totaling approximately $50 million. 🤝 AMT's Global Agreement: Partnership with Data Infrastructure Trust * American Tower signs a definitive agreement with Data Infrastructure Trust, potentially yielding up to $2.5 billion in cash proceeds. 🌐 S&P Global's Rating Affirmation: KRC's Outlook Revised to Negative * S&P Global affirms Kilroy Realty Corporation's ratings, maintaining a "BBB" issuer credit rating, but revises its outlook to negative. 🎉 SBRA's Leadership Boost: Jessica Flores Appointed EVP and Chief Accounting Officer * Sabra Health Care REIT, Inc. announces the appointment of Jessica Flores as Executive Vice President and Chief Accounting Officer. Stay tuned for more detailed updates and learn more at www.thedailyreitbeat.com! 🌐📈 #REIT #RealEstateInvestment #FinanceNews

📰 #REIT Headlines: 2-16-2024 🚀🏢 Market Moves: 📉 Scotiabank downgrades Digital Realty to Sector Perform from Outperform 💰 Maintains $157 price target Quarterly Earnings Announcements: 💼 Digital Realty, Elme Communities, Hannon Armstrong Sustainable Infrastructure LP , Healthcare Realty, LTC Properties, Inc. (NYSE: LTC), Office Properties Income Trust, Tanger announced 4Q earnings results. Leadership and Succession: 🌟 Armada Hoffler Board Names Shawn Tibbetts President ⏰ The current COO is set to become CEO in spring 2025. 🔄 Deliberate Succession Planning as Louis Haddad's expected retirement aligns with strategic leadership transition. Board Appointment: 🤝 NSA Storage Strengthens Leadership as Lisa Cohn appointed to the Board of Directors. Credit Ratings Update: 📊 Fitch Ratings Maintains Positive Watch on SITE Centers ratings, including senior unsecured debt and preferred shares. 🔄 The news follows its strategic spinoff announcement in October 2023 leading to the creation of Curbline Properties Corp. Stay informed with all the REIT happenings in The Daily REITBeat Newsletter! Learn more at www.thedailyreitbeat.com

🏢 #REIT Headlines - January 10, 2024 Wolfe Research Initiations * DiamondRock Hospitality ($11) and RLJ Lodging Trust ($15) initiated with Outperform Ratings. * Summit Hotel Properties, Inc. and Xenia Hotels & Resorts, Inc. initiated with Peer Perform Ratings. KRC's Financial Move * Kilroy Realty Corporation priced $400 Million of 6.25% Senior Notes Due 2036 with net proceeds allocated for debt redemption, corporate purposes, including development projects. BRX Financial Strategy * Brixmor Property Group priced $400 Million of 5.50% Senior Notes Due 2034 with net proceeds deployed for general corporate objectives, emphasizing debt repayment. NTST's Financial Maneuver * NETSTREIT Corp. (NYSE: NTST) priced an upsized 9.6 Million Share forward stock offering at $18/Share where the $172.8 Million in gross proceeds will be earmarked for corporate purposes, including debt repayment and strategic acquisitions. WPC's Investment Triumph * W. P. Carey Inc. reports 2023 Full-Year Investment Volume of approximately $1.3 Billion as Q4 highlights include a cross-border sale-leaseback in Europe and upcoming property acquisitions. GTY's Financial Outlook * Getty Realty Corp. provides updates on Q4 and Full-Year 2023 business activities and establishes 2024 AFFO Guidance at $2.29-$2.31/Share. TRNO's Operational Unveiling * Terreno Realty Corporation shared its Operating, Investment, and Capital Markets Activities for Q4 2023 plus promotes John Meyer to Chief Operating Officer. AHT's Q4 Performance * Ashford Hospitality Trust (AHT) anticipates 66% Occupancy, ADR of $182, and RevPAR of $120 for 4Q'23 SPG Board Enhancement * Simon Property Group appoints Nina P. Jones to Board of Directors. INVH's Strategic Evolution * Invitation Homes commences a new era in Professional Property and Asset Management for Single-Family Homes where its inaugural agreement sets out to manage 14,000+ homes. S&P's Positive Assessment * S&P affirmed Phillips Edison & Company's Ratings, Including "BBB-" Issuer Credit Rating and revises its outlook to positive indicating stability and growth. Stay Informed in the Dynamic World of REITs with The Daily REIT Beat Newsletter and learn more at www.thedailyreitbeat.com! 🏡📊 #REITs #RealEstateInvesting #MarketUpdate