Announcing the Launch of REIT TV!!

Our goal with REIT TV is to bring you all the educational content provided by sources such as Nareit, CNBC, Bloomberg and others so you can create your own customized viewing channel of REIT videos.

Currently, we have over 725 videos in the hopper from the last year or so which represents just under 110 hours of video footage.

New content will be added daily and we are going to be launching a "LIVE" component as we grow the platform.

Please alert us to bugs or if you have suggestions and ideas on how to improve this.

We have a lot of kinks to work out and tags to add to the videos but wanted to start sharing this new channel that benefits the entire REIT industry.

Check out the channel at https://reittv.com/

Today’s Newsletter (November 7th, 2025)

Futures in the red at the time of this writing as talking heads focus on yesterday’s selloff and concerns with AI-boom stocks along with Tesla shareholders approving Elon Musk’s potential $1 trillion compensation package.

In REIT News

• Compass Point upgrades HST to Buy from Neutral (raise price target by $4 to $22)

• Evercore ISI downgrades COLD to Inline from Outperform (lower price target by $6 to $13)

• RBC downgrades COLD to Sector Perform from Outperform (lower price target by $4 to $13)

• AHR, BFS, CBL, CPT, DRH, NHI, OLP, ONL, OUT, SHO, STRW announced quarterly earnings

• ALEX announced the amendment of its unsecured revolving credit facility, maintaining its existing $450 million borrowing capacity and executing a new $200 million term loan facility to further strengthen its capital structure and financial flexibility where at closing, the Company drew the full $200 million term loan and used the proceeds to repay the $191 million outstanding balance on the revolving credit facility and the term loan matures on November 3, 2030

• WSR acquired the 90,391 sf restaurant-anchored World Cup Plaza in Frisco, TX which features a synergistic mix of necessity retailers and restaurants, including Blue Goose Cantina, The Green Gator, The NOW Massage, Hikari Sushi & Grill, Lemma Coffee Roasters, Rotate Bar & Kitchen, Frisco Soccer Association and Wells Fargo

• BHR closed on the previously announced sale of the 410-room The Clancy in San Francisco for $115 million ($280,487/key) which represents a 5.2% capitalization rate on net operating income for the trailing 12 months ended September 30, 2025 where the Company paid down approximately $64.7 million of debt and retained approximately $43.7 million of net proceeds after payment of transfer taxes and transaction costs

• Yesterday morning, CBL announced that Primark has officially opened its doors at CoolSprings Galleria in Nashville, TN and noted that over the last year it has added several new retailers to CoolSprings Galleria including LEGO, LoveSac, and Miss A with Vans expected to open this winter

• Yesterday morning, TRNO announced that it has executed a lease for 112,000 sf in Countyline Corporate Park Building 30 in Hialeah, FL with a designer and manufacturer of air-to-water technology that produces water from humidity in the air as the lease is expected to commence May 1, 2026 upon completion of tenant improvements and will expire October 2036 plus executed a lease for 61,000 sf in Countyline Corporate Park Building 30 with an international freight forwarder and logistics provider which is expected to commence March 1, 2026 upon completion of tenant improvements and will expire August 2031

Download today’s Daily REIT Beat here!

Welcome your comments and feedback.

Have a great day!

David Auerbach