Aleksandra Zhilenkova/iStock via Getty Images Written by Nick Ackerman. All it took was the expectations for rate cuts next year, and that sent the risk-free Treasury Rates reeling lower. Subsequently, we also saw the pressure come off of the real estate investment trust ("REIT") space, and we've seen a massive rally from the latest lows. REITs can be impacted in two ways by a higher interest rate environment. They are often viewed as an income-oriented instrument, which means risk-free rates being higher p ...

Gary Yeowell/DigitalVision via Getty Images If I said it once, I said it a dozen times in December alone… 2023 did not play out as expected. Right about this time last year, I published an article titled, “My Top REIT Picks for 2023.” There, I quoted a Nasdaq article that happened to be one of the more optimistic pieces at the time: “In our view, 2023 will be a year of important ‘transitions.’ We believe the first transition will be away from a bear market to a potential bull. “History suggests attra ...

Fourth Quarter Capital Markets Activity Further Fortifies Balance Sheet ROYAL OAK, Mich., Jan. 3, 2024 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced a summary of its investment activity in 2023 and provided an update on its portfolio as well as its fourth quarter capital markets activity. 2023 Investment Activity Total real estate investment activity for 2023, inclusive of acquisition, development, and Developer Funding Platform ("DFP") projects completed or currently ...

Rawf8/iStock via Getty Images Let’s address the big question everyone’s asking now that Christmas is past. For the record, I hope you had a wonderful Christmas filled with every good thing… and that you managed to somehow keep the weight off from all those cookies, eggnog, and other tasty treats. If you didn’t, well… Everyone needs a good list of inspiring new year’s resolutions, right? (See my REIT Resolutions here) But even if you can miraculously step on the scale and find that your weight didn’t spi ...

skynesher/E+ via Getty Images No man is a failure who has friends. Every year around Christmastime, my family watches the classic film, It's A Wonderful Life. Most of us cry at the ending every year. I cannot recall a time in my life that I have ever cried tears of joy, rather than sadness, except when watching this movie. In the film, George Bailey starts as a bright and ambitious young man who absolutely does not want to take over his father's savings & loan business. He wants to go to college (much rarer ...

Chonlatee Sangsawang This article was coproduced with Wolf Report. These past weeks and months have seen a massive surge upward in many of the real estate investment trusts, or REITs, and investment potentials that we've been beating the drum for some time - almost a year. Most office REITs are in a position where, while still cheap and with an upside, much of the initial upward momentum might be over, at least in the shorter term. We're in a place where most of our REIT positions are not just in the gr ...

Agree Realty Corporation (NYSE:ADC) Q3 2023 Earnings Conference Call October 25, 2023 9:00 AM ET Company Participants Brian Hawthorne - Director, Corporate Finance Joel Agree - President, CEO & Director Peter Coughenour - CFO, Secretary & IR Professional Conference Call Participants Eric Wolfe - Citi Joshua Dennerlein – Bank of America Merrill Lynch Nathan Crossett - BNP Paribas Exane Connor Siversky - Wells Fargo Securities Michael Gorman - BTIG Ki Bin Kim - Truist Securities Bradley Heffern - RBC Capital ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q Mark One ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2023, or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 001-12928 AGREE REALTY CORPORATION (Exact name of registrant as specified in its charter) Maryland 38-3148187 (State or other jur ...

Agree Realty Corporation (NYSE:ADC) Q2 2023 Earnings Conference Call August 2, 2023 9:00 AM ET Corporate Participants Brian Hawthorne - Director, Corporate Finance Joey Agree - President & Chief Executive Officer Peter Coughenour - Chief Financial Officer Conference Call Participants Eric Wolfe - Citi Brad Heffern - RBC Haendel St. Juste - Mizuho Rob Stevenson - Janney Ki Bin Kim - Truist Wes Golladay - Baird Ronald Kamdem - Morgan Stanley Linda Tsai - Jefferies Operator Good day, and welcome to the Agree R ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q Mark One ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2023, or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 001-12928 AGREE REALTY CORPORATION (Exact name of registrant as specified in its charter) Maryland 38-3148187 (State or other jurisdic ...