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- The Daily REITBeat | Monday, October 13th, 2025
The Daily REITBeat | Monday, October 13th, 2025
"The World is Moving"
David Auerbach
October 13, 2025
Futures in the green at the time of this writing as talking heads focus on President Trump’s comments overseas as the hostage release between Israel/Hamas progresses along with potential discussions with Beijing on tariffs. Note that the economic calendar data backlog continues to grow.
From Bloomberg
"US stocks are set to recoup some losses from Friday’s selloff after President Donald Trump backpedaled on his tariff threats against Beijing, signaling a willingness to negotiate. Gold topped a new all-time high.
S&P 500 futures bounced 1.1% after the benchmark suffered its biggest drop since April. Contracts for the Nasdaq 100 rallied 1.6%. Treasury futures slipped, with cash trading in US bonds suspended for Columbus Day. The dash for gold persisted as the metal neared $4,080 an ounce.
In Europe, French bonds held steady as President Emmanuel Macron unveiled a new cabinet to contain a growing political crisis. Silver surged to its highest level in decades amid a historic short squeeze in London.
Cryptocurrencies bounced following the weekend’s selloff. The dollar steadied and oil rose for the first time in three days."
In REIT News
Berenberg initiates EPRT with a Buy rating ($36 price target)
Berenberg initiates NTST with a Buy rating ($22 price target)
Ladenburg Thalmann initiates BXP with a Buy rating ($85 price target)
Ladenburg Thalmann initiates VNO with a Buy rating ($48 price target)
Ladenburg Thalmann initiates SLG with a Neutral rating ($62 price target)
Citizens upgrades GMRE to Outperform from Market Perform ($40 price target)
Jefferies upgrades KRC to Buy from Hold (raise price target by $12 to $45)
Jefferies downgrades CUZ to Hold from Buy (lower price target by $7 to $27)
Jefferies downgrades DEA to Hold from Buy (lower price target by $6 to $20)
Jefferies downgrades HIW to Hold from Buy (lower price target by $4 to $30)
On Friday, Morningstar upgraded WELL to Hold from Sell (maintain $158 price target)
FRT announced the $187 million acquisition of Annapolis Town Center, a dominant, 480,000 sf open-air shopping destination in Anne Arundel County, MD which is anchored by a high-volume Whole Foods, shadow-anchored by Target, and also features a Life Time luxury athletic club plus a curated mix of national brands such as Anthropologie, Sephora, Restoration Hardware, and Williams Sonoma
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Welcome your comments and feedback.
Have a great day!
David Auerbach