- The Daily REITBeat
- Posts
- The Daily REITBeat | Thursday, May 14th, 2026
The Daily REITBeat | Thursday, May 14th, 2026
"The Tech Hot Streak"
David Auerbach
May 14, 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 in the green at the time of this writing as talking heads focus on the tech rally driving markets along with today’s big Cerebras Systems IPO. President Trump/President Xi Jinping summit, the Iran conflict and the other usual headlines including several economic reports getting coverage.
From Bloomberg
"The rally in technology stocks remained intact as Cisco Systems Inc.’s earnings and a hot streak in Nvidia Corp. highlighted the momentum around artificial intelligence.
Nasdaq 100 futures rose 0.2%, with the index set for a third record high since Monday. S&P 500 contracts kept pace with a similar advance. Nvidia was poised to extend a run of six daily gains, climbing 1.8% in premarket trading. Cisco soared 16% on a raised sales forecast that also lifted network-equipment peers.
Some of the biggest chipmaking names took a breather. Qualcomm Inc. fell 4.3% while Intel Corp. slipped 3.9%, pausing a rally that has powered a basket of US semiconductor makers by nearly 60% since the beginning of April. Even so, strong demand for the sector remained evident as Cerebras Systems Inc. raised $5.55 billion in the biggest initial public offering so far this year.
Bonds posted modest gains in most markets, halting the recent rise in yields triggered by higher oil prices. The rate on 10-year Treasuries was little changed at 4.46%. Brent nudged higher above $106 a barrel. The dollar traded flat.
Chipmakers have led an unprecedented rebound in stocks, casting off the turmoil in markets spurred by the war in the Middle East. Big tech firms, including Nvidia, have also picked up pace as their executives joined President Donald Trump’s delegation to China."
In REIT News
Lucid Capital Markets upgrades LAND to Buy from Neutral (lower price target by $1.50 to $11.50)
Scotiabank downgrades CPT to Sector Underperform from Sector Perform (lower price target by $18 to $95)
Scotiabank downgrades MAA to Sector Underperform from Sector Perform (lower price target by $18 to $120)
Yesterday, Morningstar downgraded SLG to Hold from Buy (maintain $54 price target)
BXDC priced its initial public offering of 87.5 million shares of its common stock at a price to the public of $20.00/share raising gross proceeds of $1.75 billion and intends to invest the net proceeds from the offering primarily in newly-constructed, income-generating, stabilized data center assets in accordance with the Company’s investment strategy
AHRT announced that its Board of Directors has authorized an increase of $50 million to its existing share repurchase program bringing the total authorized repurchase capacity to $100 million
STAG published its 2025 Sustainability Report
Yesterday, Fitch Ratings affirmed VICI’s “BBB-“ Long-Term Issuer Default Ratings with a stable outlook
Download today’s Daily REIT Beat here!
|
Welcome your comments and feedback.
Have a great day!
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.