- The Daily REITBeat
- Posts
- The Daily REITBeat | Wednesday, August 26th, 2026
The Daily REITBeat | Wednesday, August 26th, 2026
"A Shifting Sentiment?"
David Auerbach
August 26, 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/
The NexAI Cyber Perspective
REITs are entering a new phase of technology risk. The market is trying to solve AI acceleration with more disconnected tools. That is not the right approach. The REITs that succeed will move from tools to governed operating models; replace static assessments with continuous assurance; map third-party dependencies by operational impact; and build evidence that controls are operating effectively.
NexAI Cyber notes that as real estate becomes more digital, connected, and AI-enabled, cyber resilience and governance are no longer back-office issues. They are core operating capabilities tied directly to growth, valuation, trust, and business continuity.
Learn more at https://www.nexaicyber.com/
Futures mixed at the time of this writing as talking heads focus on today’s big economic data calendar, Nvidia earnings being reported after the close and the upcoming Jackson Hole symposium and Chairman Warsh’s speech.
From Bloomberg
"US stocks struggled for direction and Treasuries slipped as traders held back from taking risks ahead of earnings from Nvidia Corp. and July’s reading of the Federal Reserve’s preferred inflation gauge.
S&P 500 futures were little changed. Nasdaq 100 contracts were down 0.2%, with Intuit Inc. leading software makers lower in early trading after a disappointing earnings forecast. Treasury yields rose across the curve, shrugging off a third straight decline in oil. The dollar and Bitcoin were little changed.
With a market value in excess of $5 trillion, Nvidia’s earnings are expected to shape sentiment decisively. The stock has fallen the day after each of its previous four reports, while options markets are pricing in a 5.4% move either way on results expected to show revenue nearly doubling from a year ago.
The headline numbers, however, aren’t where the market’s attention lies. Investors are more interested in hearing what the artificial-intelligence bellwether has to say about spending by its biggest customers, the outlook for demand and a wave of financing deals."
In REIT News
RHP closed the previously announced private placement of $700 million aggregate principal amount of 6.250% senior notes due 2035 on behalf of its operating partnership and intends to use the net proceeds to fund a portion of the approximately $1.38 billion purchase price for the previously announced pending acquisition of the JW Marriott Orlando Grande Lakes Resort and The Ritz-Carlton Orlando, Grande Lakes located in Orlando, FL
BDN announced the expiration of the previously announced cash tender offer by its operating partnership for up to $70,000,000 in aggregate principal amount of its outstanding 8.875% guaranteed notes due 2029 where $275,696,000 or approximately 50.1% of the $550,000,000 aggregate principal amount of the 2029 Notes had been validly tendered and not withdrawn in the 2029 Notes Tender Offer and it accepted for purchase $70,000,000 of the 2029 Notes validly tendered and delivered (and not validly withdrawn) in the 2029 Notes Tender Offer at or prior to the 2029 Notes Expiration Date
BNL secured the land and started construction on two additional build-to-suit developments totaling approximately $23 million for Hobby Lobby and Academy Sports, both of which were directly sourced, off-market transactions, and are expected to deliver in the second quarter of 2027
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.