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- The Daily REITBeat | Friday, May 1st, 2026
The Daily REITBeat | Friday, May 1st, 2026
"Modest Moves"
David Auerbach
May 01, 2026
Various Initiatives and Website Links
Hoya Capital: www.hoyacapital.com
4800 Partners (REIT IR/Marketing/PR/Story Telling): www.4800partners.com
All the REIT Jobs Website: www.allthereitjobs.com
B-A-N-D Visual Storytelling: www.b-a-n-d.com/reit
REIT TV: www.reittv.com
REIT Academy: https://reitacademy.com/
Futures mixed at the time of this writing as talking heads focus on the continued move higher in oil as Apple earnings and March’s performance with the S&P up 10% getting attention. Tomorrow also marks the first Berkshire Hathaway meeting helmed by CEO Greg Abel.
From Bloomberg
"US equity futures posted modest moves on Friday, suggesting a pause in the rally that’s pushed Wall Street gauges to record highs on strong megacap tech earnings.
Contracts for the S&P 500 Index gained 0.1% and those for the Nasdaq 100 slipped 0.2% after the underlying gauges closed at all-time highs on Thursday. Apple Inc. rose more than 3% in premarket trading after the iPhone maker gave an outlook for revenue growth that was stronger than expected.
Traders are catching their breath after a tumultuous April, when oil prices surged on the Middle East crisis with no resolution in sight. Yet US stocks posted their best month since 2020, driven by a resurgence in technology shares and the artificial intelligence trade. Investors will test that narrative in the coming weeks, watching whether AI-led momentum can offset price pressures and geopolitical risks."
In REIT News
Yesterday, Freedom Broker initiated DHC with a Buy rating ($9.40 price target)
CPT, CUBE, DRH, FRT, HR, INN, PDM, PK, RHP, SAFE, SKT, UMH, WY, XHR announced quarterly earnings
BRX priced $400 million of 5.375% senior notes due on behalf of its operating partnership and intends to use the net proceeds for general corporate purposes, including repayment of indebtedness, which may include some or all of the outstanding 4.125% Senior Notes due 2026
BHR entered into a definitive agreement to sell the 193-room Park Hyatt Beaver Creek Resort & Spa for $176 million ($912,000/key) as the sale price represents a 5.1% capitalization rate on net operating income for the trailing 12 months ended December 2025
VICI announced the closing of the previously announced $1.16 billion acquisition of 100% of the land, real property and improvements of seven casino properties from Golden Entertainment, Inc. and entered into a triple-net master lease with a newly formed entity that is owned and controlled by Blake L. Sartini, former chairman and chief executive officer of Golden Entertainment, which has acquired the operating business of Golden Entertainment
AHRT completed sale of its construction business for a total consideration of $2.4 million which is another step in its transformation of simplifying its business model and enhancing its prospects for long-term shareholder value creation
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David Auerbach
David Auerbach boasts over two decades of experience in the securities industry, specializing as an institutional trader with a focus on Real Estate Investment Trusts (REITs), Equity and Preferred stocks, MLPs, ETFs, and Closed End Funds.
Based in Dallas, TX throughout his entire career, David currently serves as the Chief Investment Officer for Hoya Capital, managing the Hoya Housing 100 ETF (Ticker: HOMZ) and The High Yield Dividend ETF (Ticker: RIET). Additionally, he acts as a consultant with 4800 Partners focusing on corporate access in the REIT industry.
Previously, David held the position of Managing Director at Armada ETF Advisors, the sub-advisor for the Residential REIT ETF (Ticker: HAUS) and The Private Real Estate Strategy via Liquid REITs ETF (Ticker: REAI).
David's industry journey includes roles at World Equity Group, Esposito Securities, and Green Street Advisors where he got his start in the REIT industry. At Esposito Securities, he played a crucial role in building the REIT/Real Estate platform and worked extensively with institutional investors, Equity REITs, and ETF issuers.
Throughout his career, David has been quoted by reputable publications such as Bloomberg, WSJ, Financial Times, Barron’s, Commercial Observer, Bisnow, CoStar, REIT.com, and GlobeSt.com. He has also made notable appearances as a featured guest on networks like Yahoo Finance, Schwab Network, and Bloomberg.
David holds a BBA in Finance from the University of Texas at Austin (May 1999) and an MBA in Finance from Southern Methodist University (May 2005). He maintains FINRA Series 7, 24, 55, and 63 registrations.
In his leisure time, David is an avid traveler, often found crisscrossing the country in pursuit of attending as many Phish concerts as possible.