8179 I i i i i 1 1 T 1 i 1 . H I i l I r n i I i L I Property 1 i ■ r I i i I I i 1 1 L r r F 8 P 1 r 1 All P P 76 I E H t I T n I 11 1 Print I I 1 I i . t F l i i ■ the i r 1 1 I 1 i I i t nto ■ I F I ■ I Andrii Dodonov Introduction It's no secret that anticipated lower interest rates are likely to provide tailwinds for REITs going forward. Ahead of the FED meeting on September 18th, many are expecting a 25 basis points rate cut, which, I think, is highly likely. If so, REITs could see a short surge, even ...

Easterly Government Properties (DEA) recently announced the acquisition of the 99,246- square-foot facility adjacent to Wright-Patterson Air Force Base to Northrop Grumman Systems Corporation (NOC) . The move comes as part of the company's acquisition efforts, and following this acquisition, Easterly owns, directly or through its joint venture, 95 properties aggregating 9.3 million square feet. This 100% net leased asset with annual rent escalations has been occupied by Northrop Grumman since 2012. It is a ...

silvermanmediaservices Introduction As central banks cut interest rates, I think REITs have become an interesting space to look for value. In particular, I look for high quality tenant profiles with potential for rental revenue growth over time. One such area I've been able to find value has been in properties leased to governmental agencies. In June, I covered COPT Defense Properties (NYSE:CDP), a REIT with a focus on defense and IT tenants, leading to stable cash flows and high retention rates. Out of its ...

GRANTS, NEW MEXICO, Aug. 23, 2024 (GLOBE NEWSWIRE) -- Bright Green Corporation (Nasdaq: BGXX) ("Bright Green" or the "Company") today announced that it has signed a letter of intent to supply its DEA-approved marijuana extracts and plant-based psychedelics to Benuvia Operations, a FDA registered, DEA licensed and cGMP certified leader in pharmaceutical cannabinoids, as well as psychedelic molecules currently under investigation for clinical use. This completely homegrown agreement signals Bright Green's abi ...

GRANTS, NEW MEXICO, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Bright Green Corporation (Nasdaq: BGXX) ("Bright Green" or the "Company") today announced that it has signed a letter of intent to supply its DEA-approved marijuana extracts and plant-based psychedelics to Benuvia Operations, a FDA registered, DEA licensed and cGMP certified leader in pharmaceutical cannabinoids, as well as psychedelic molecules currently under investigation for clinical use. This completely homegrown agreement signals Bright Green's abi ...

Core Viewpoint - Nvidia has performed exceptionally well, but the focus is shifting towards real estate investment trusts (REITs) that may outperform Nvidia in the coming years [1][2][11] Group 1: Nvidia's Performance and Valuation - Nvidia's stock has nearly tripled in the past year and increased by 2,960% over the last five years, driven by its central role in the AI revolution [2] - The current valuation of Nvidia is high, trading at approximately 35 times trailing-12-month sales and 43 times forward earnings, indicating a lofty price relative to its growth [2] Group 2: Market Trends Favoring REITs - A shift in market momentum is anticipated towards dividend-paying value stocks, particularly in a falling interest rate environment [3] - Falling interest rates are generally beneficial for income-focused stocks like REITs, as they reduce borrowing costs and can lead to higher stock prices [4][5] Group 3: Potential REIT Winners - Easterly Government Properties and Vici Properties are highlighted as two REITs that could significantly benefit from the current market conditions [6] - Easterly Government Properties focuses on properties leased to the U.S. government, offering a dividend yield of just below 8% and has seen a decline of over 40% since early 2022 [8] - Vici Properties owns a portfolio of gaming properties with predictable income streams from long-term leases, and it has substantial liquidity for future growth [9][10] Group 4: Future Predictions - Both Easterly Government Properties and Vici Properties are expected to deliver market-beating returns through at least the end of 2025, contingent on the Federal Reserve cutting rates [11]

Supertruper Treasury Bonds have gotten plenty of interest over the past 2 years, given the rise in yields, that are backed by the full faith and credit of the U.S. government. That's enticing for buyers who prize reliable income. However, I haven't been a buyer due to limited upside potential and reinvestment risk. With signals of a rate cut looming, the bond market has responded in-kind, with the yield on the 1-year treasury note now falling to 4.39%, down from 4.7% a few months ago. This means that invest ...

Easterly Government Properties, Inc. (NYSE:DEA) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Lindsay Winterhalter - SVP, IR & Operations Darrell Crate - CEO & Director Meghan Baivier - President & COO Allison Marino - CFO, EVP & Chief Accounting Officer Conference Call Participants Michael Griffin - Citi Michael Carroll - RBC Operator Welcome to the Easterly Government Properties Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen o ...

Company Performance - Easterly Government Properties (DEA) reported quarterly funds from operations (FFO) of $0.29 per share, consistent with the Zacks Consensus Estimate, and unchanged from the previous year [1] - The company achieved revenues of $76.22 million for the quarter ended June 2024, exceeding the Zacks Consensus Estimate by 0.03%, compared to $71.37 million in the same quarter last year [9] - Over the last four quarters, the company has surpassed consensus FFO estimates only once [2] Future Outlook - The sustainability of the stock's price movement will largely depend on management's commentary during the earnings call and the company's FFO outlook [3][4] - The current consensus FFO estimate for the upcoming quarter is $0.29, with projected revenues of $77.1 million, and for the current fiscal year, the estimate is $1.15 on revenues of $304.06 million [12] - The estimate revisions trend for Easterly Government Properties is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [5] Industry Context - The REIT and Equity Trust - Other industry, to which Easterly Government Properties belongs, is currently in the bottom 40% of over 250 Zacks industries, which may impact stock performance [6] - Empirical research indicates a strong correlation between near-term stock movements and trends in estimate revisions, suggesting that investors should monitor these revisions closely [11]

On January 23, 2024, we entered into the seventh amendment to the senior unsecured term loan agreement, dated as of September 29, 2016, that governs our 2016 term loan facility to extend the maturity date of our 2016 term loan facility from March 29, 2024 to January 30, 2025. On June 3, 2024, we repaid $25.0 million of amounts outstanding under our 2018 term loan facility using available cash derived from the issuance of Series A Senior Notes. On July 8, 2024, we used $0.5 million of available cash to pay d ...