Tell Your REIT Story Visually…

Investor expectations are rising.

REIT Leadership must communicate vision, progress, and momentum with clarity.

What if we could turn REIT stories and focus into cinematic proof built for capital markets, tenants, and the public arena?

Across the industry, buy-side and sell-side leaders are signaling the same shift:
* REITs must explain their strategy, progress, and value with a 2026 mindset.
* Modern investor relations requires more than charts & filings; it demands narrative clarity and visual proof.

BAND helps REIT leadership show what’s changing, why it matters, and where momentum is building.

Reach out to me to learn about how BAND is changing the visual approach to REIT investor relations.

REIT TV

One streaming channel with 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 775 videos which represents just under 125 hours of video footage.

Check out the channel at https://reittv.com/

Today’s Newsletter (December 16th, 2025)

Futures in the red at the time of this writing as talking heads focus on the November Nonfarm Payrolls and October retail sales data coming due this morning which will paint a picture on strength of the economy and the impact on the year-end rally potential.

In REIT News

• Morgan Stanley upgrades OUT to Overweight from Equalweight (raise price target by $8 to $28)

• Jefferies upgrades FRT to Buy from Hold (raise price target by $14 to $115)

• Jefferies downgrades DOC to Hold from Buy (lower price target by $4 to $17)

• Jefferies downgrades ESS to Hold from Buy (lower price target by $22 to $282)

• AIV entered into a definitive agreement with LaTerra Capital Management, LLC, in partnership with Respark Residential, LLC, to sell its portfolio of seven apartment properties, including 1,495 units, located in the Chicago market for $455 million and net proceeds are intended to be distributed to shareholders part of its “Plan of Sale and Liquidation” which is expected to be put before shareholders for approval in early 2026

• GOOD announced that its limited partnership has closed $85 million in aggregate principal amount of 5.99% senior unsecured notes due December 15, 2030 in a private placement and intends to use the proceeds to, among other things, repay outstanding indebtedness under its senior unsecured revolving credit facility, and for general corporate purposes

• LTC announced that it has increased commitments under its credit facility to $800 million with $200 million aggregate in term loans plus entered into interest rate swap agreements to effectively fix the interest rates on the loans

• DLR announced the appointment of Stephen Bolze as an independent director to its Board effective January 1, 2026

• MAC announced that Von Maur will open a three-level, approximately 164,000 sf location at Freehold Raceway Mall in Freehold, NJ with an anticipated opening in Fall 2027

• Fitch Ratings affirmed HHH’s “BB” Long-Term Issuer Default Rating with a stable outlook

• Yesterday morning, TRNO announced it acquired an industrial property located in Tukwila, WA on December 12th for a purchase price of approximately $27.1 million noting that the 100% leased property consists of one industrial distribution building containing approximately 121,000 sf on 7.1 acres where the estimated stabilized cap rate prior to renovation and releasing is 3.9%

Download today’s Daily REIT Beat here!

Welcome your comments and feedback.

Have a great day!

David Auerbach