The Daily REITBeat | Tuesday, April 14th, 2026

"Unerican or Amerited?"

Author

David Auerbach
April 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

Today’s Newsletter (April 14th, 2026)

Futures mixed at the time of this writing as talking heads focus on the potential restart of talks between the US and Iran along with big banks earnings season getting underway. Did you also hear that United Airlines CEO has floated the possible “combination” with American Airlines?

From Bloomberg

  • "The Nasdaq 100 looked set to notch its longest streak of gains since 2021 as optimism that the US and Iran are considering another round of peace talks pushed oil lower and lifted stocks globally. JPMorgan Chase & Co. extended a lackluster start to the earnings season for lenders.

  • Futures for the Nasdaq 100 rose 0.4%, pointing to a 10th straight day of wins. S&P 500 contracts were 0.1% higher after the gauge erased its war-driven losses on Monday. Shares in Europe and Asia advanced as well as hopes grew that a deal in the Middle East will help normalize energy flows and halt the threat of a global inflationary spiral.

  • The US and Iran are weighing negotiations to extend a two-week ceasefire as President Donald Trump presses ahead with a naval blockade to curb the Islamic Republic’s oil exports. The objective is to hold fresh discussions before the truce expires, according to people familiar. The parties could return to Islamabad for talks this week, Reuters reported.

  • Brent fell 0.6% to below $99 a barrel, with the International Energy Agency estimating that the war will wipe out global oil demand growth for the first time since the 2020 pandemic. The dollar headed for a seventh straight day of losses, while Treasuries extended a modest rally. Gold rose 0.6% toward $4,770 an ounce."

In REIT News

  • JPM initiates JAN with an Overweight rating ($26 price target)

  • RBC initiates JAN with an Outperform rating ($27 price target)

  • BofA initiates JAN with a Buy rating ($29 price target)

  • Barclays initiates JAN with an Overweight rating ($26 price target)

  • KeyBanc initiates JAN with an Overweight rating ($28 price target)

  • Scotiabank initiates JAN with a Sector Outperform rating ($28 price target)

  • Wells Fargo initiates JAN with an Overweight rating ($27 price target)

  • Morgan Stanley initiates JAN with an Overweight rating ($28 price target)

  • BNP Paribas initiates JAN with an Outperform rating ($27 price target)

  • Goldman Sachs initiates JAN with a Neutral rating ($27 price target)

  • BofA downgrades OHI to Neutral from Buy (lower price target by $6 to $46)

  • Morningstar downgrades MAC to Hold from Buy (maintain $23 price target)

  • Morningstar downgrades PSA to Hold from Buy (maintain $316 price target)

  • Morningstar downgrades EQIX to Sell from Hold (maintain $910 price target)

  • COLD released its 2025 Sustainability Report highlighting continued progress across energy efficiency, emissions reduction, safety performance, and facility resilience within its global cold storage network

  • Yesterday morning, TRNO completed the development and stabilization of Countyline Corporate Park Phase IV Building 34 in Hialeah, FL noting that the 220K sf building is 100% leased to three tenants where the total investment is $55.3 million and the estimated stabilized cap rate is 5.7%

Download today’s Daily REIT Beat here!

The Daily REITBeat 4-14-26.pdf884.45 KB • PDF File

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.