REIT Industry Expert/Phish Aficionado | Chief Investment Officer of Hoya Capital & Hoya ETFs | Educating Investors about the REIT Industry
💼 #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)!
