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- The Daily REITBeat | Thursday, November 20th, 2025
The Daily REITBeat | Thursday, November 20th, 2025
"Thanks Jensen"
David Auerbach
November 20, 2025
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/
Futures deep in the green at the time of this writing as talking heads focus on Nvidia’s earnings results which appear to soothe market concerns about AI/tech bubble. The huge slate of backlogged economic data begins its rollout ahead of the upcoming Thanksgiving holiday.
From Bloomberg
"Global stocks advanced after a robust revenue forecast from Nvidia Corp. helped dispel fears of a potential bubble in the artificial intelligence industry that had shaken markets for weeks.
Nvidia surged more than 4% in premarket trading, spurring gains in other AI shares including Advanced Micro Devices Inc. and Broadcom Inc. Futures on the Nasdaq 100 climbed 1.6%. The main benchmarks for European and Asian equities rose as well. Bitcoin traded near $92,000.
Strong results from the AI bellwether helped restore a sense of calm after weeks of heavy selling in technology stocks. Wall Street had grown uneasy about stretched valuations and the vast sums being spent on AI infrastructure after the sector powered a nearly 40% rally in the S&P 500 since its April low.
Following a retreat of as much as 10% since the start of the month, Nvidia’s latest results rewarded shareholders’ faith and drew a warning from short-seller Carson Block, who said that “you’re not going to be in business very long” betting against the biggest technology stock.
With the first of the week’s key events spurring a comeback for equities, attention is now turning to the path for interest rates as markets await the release of the September jobs report. The figures will be the only major labor market data published before the Federal Reserve’s next policy meeting."
In REIT News
AVB priced $400 million of 4.35% senior notes due 2030 and intends to use the net proceeds for working capital and general corporate purposes, which may include the repurchase of outstanding shares of its common stock pursuant to our stock repurchase program, repayment of outstanding indebtedness under the Commercial Paper Program, land acquisitions, the development and redevelopment of residential communities, the acquisition of communities, funding the SIP investments, and the repayment and refinancing of other indebtedness
LINE priced €700 million of 4.125% Senior Notes due 2031 and intends to use the net proceeds to repay amounts outstanding from time to time under its revolving credit facility and for other general corporate and working capital purposes
GTY entered into agreements to issue $250 million of senior unsecured notes with a ten-year term and a fixed interest rate of 5.76% and proceeds will be used to repay amounts outstanding under the Company’s $450 million revolving credit facility and for general corporate purposes, including to fund investment activity
HIW closed the acquisition of 6Hundred at Legacy Union, a 24-story, 411K sf Class AA office tower located in Charlotte’s Uptown CBD for a total expected investment of $223 million
PEB completed the sale of the 133-room Montrose at Beverly Hills in West Hollywood, CA for $44.25 million to a third party which equates to EBITDA multiple of 16.1x and a NOI capitalization rate of 5.2% assuming a 4.0% capital reserve and based on the hotel’s trailing twelve-month financial performance ended September 30th
DRH announced it will redeem all 4,760,000 outstanding shares of its 8.250% Series A Cumulative Redeemable Preferred Stock on December 31, 2025 and intends to utilize approximately $121.5 million cash on hand to fund the redemption price of $25.00/share, plus accrued and unpaid dividends up to, but not including the Redemption Date
PDM announced the results and pricing of the cash tender offer to purchase any and all of its outstanding 9.250% senior notes due 2028 whereby total cash consideration will be $1,114.09 payable per $1,000 principal amount of notes validly tendered and accepted for purchase of which $244.639 million of the $532.46 million were tendered at expiration time
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Have a great day!
David Auerbach