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- The Daily REITBeat | Thursday, October 16th, 2025
The Daily REITBeat | Thursday, October 16th, 2025
"In This Corner..."
David Auerbach
October 16, 2025
Announcing the Launch of REIT TV!!
We are excited to announce the launch of "REIT TV" as we beta test the platform.
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 675 videos in the hopper from the last year or so which represents just under 100 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 in the green at the time of this writing as talking heads focus on the strength of markets through technology/AI stocks versus the backdrop of trade wars and tariffs with China. As the government shutdown lingers on, gold and treasuries also getting a lot of attention.
From Bloomberg
"Global stocks rose on Thursday as strong technology earnings shifted focus away from the lingering threat of a US-China trade war.
Futures for the Nasdaq 100 advanced 0.5% as Taiwan Semiconductor Manufacturing Co. hiked its revenue-growth target and raised its forecast for capital spending. Artificial intelligence-linked US heavyweights including Nvidia Corp., Micron Technology Inc. and Broadcom Inc., were among the biggest premarket gainers. Contracts for the S&P 500 added 0.4%.
Europe’s Stoxx 600 also rose, with Nestlé SA jumping more than 8% after reporting a rebound in sales and unveiling plans to cut 16,000 jobs. An MSCI gauge for Asian shares climbed 0.9%.
Meanwhile, gold soared to as high as $4,242 an ounce, taking gains this year to more than 60% as trade frictions and expectations for further Federal Reserve interest-rate cuts lured buyers. The dollar slipped for a third day and Treasuries were little changed. French bonds underperformed European peers as premier Sebastien Lecornu survived two no-confidence votes."
In REIT News
Morgan Stanley initiates DLR with an Equalweight rating ($195 price target)
Janney initiates GTY with a Buy rating ($30 price target)
SLG 1) closed on the sale of a 5.0% interest in One Vanderbilt Avenue to Mori Building Co., Ltd which follows Mori’s acquisition of an 11.0% interest in the trophy office tower in November 2024 as both investments were completed at a gross valuation of $4.7 billion and after completion of the transaction, SL Green maintains a 55.0% stake in One Vanderbilt Avenue; 2) entered into a contract to acquire Park Avenue Tower, located at 65 East 55th Street, for $730.0 million noting that the transaction is expected to close in the first quarter of 2026 subject to customary closing conditions; 3) announced that the company has signed Manhattan office leases totaling 1,924,364 sf to date in 2025 while maintaining a current pipeline of more than 1.0 million sf
GLPI announced that Strategic Gaming Management, LLC closed on the acquisition of Sunland Park Racetrack & Casino for $301 million and it acquired the property in a sale-leaseback transaction
PINE announced the origination of a $14.1 million first mortgage loan investment secured by a luxury residential development with over 130 lots located in the Austin, TX metropolitan area with a total commitment for the phase one loan of up to $29.5 million and the Company anticipates funding the remainder of the phase one loan prior to the end of 2025
VICI announced that, in connection with MGM Resorts International’s agreement to sell the operations of MGM Northfield Park, located in Northfield, OH, to an affiliate of funds managed by Clairvest Group Inc., the Company has agreed to enter into a new separate lease with an affiliate of Clairvest with respect to the real property of Northfield Park and also enter into an amendment to the Master Lease between VICI Properties and MGM Resorts
LXP announced the early results of the previously announced tender offer to purchase for cash an amount up to $150 million of its 6.750% Notes due 2028
AHH announced that its Board of Directors unanimously voted to appoint Shawn J. Tibbetts as Chairman of the Board effective January 1, 2026 which completes the last phase of the planned succession changes initiated in 2024 and he will continue leading the Company as President and Chief Executive Officer
SPG announced that Stanley Shashoua has been promoted to President of International Real Estate and will oversee its international real estate portfolio, which includes 26 International Premium Outlets, the ownership stake in Klépierre SA, and its McArthurGlen Investments
Moody’s affirmed PCH’s “Baa3” issuer rating and revised its outlook to stable from negative
Yesterday, Moody’s affirmed RYN’s “Baa3” backed senior unsecured rating with a stable outlook
Yesterday, S&P affirmed all of KRC’s ratings, including its “BBB-“ issuer credit rating, and revised its outlook to negative from stable
Yesterday, Fitch Ratings affirmed EQIX’s Long-Term Issuer Default Rating and senior unsecured notes issuer rating at “BBB+” with a stable outlook
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Have a great day!
David Auerbach