Group 1 - CAPREIT announced a monthly distribution of $0.12917 per Unit for July 2025, equating to an annualized amount of $1.55, payable on August 15, 2025 [1] - As of March 31, 2025, CAPREIT owns approximately 46,800 residential apartment suites and townhomes across Canada and the Netherlands, with a total fair value of approximately $14.9 billion [2] - Since its Initial Public Offering in May 1997, CAPREIT has increased its monthly cash distributions per Unit by 117% [2]

Market Trends - Singapore's real estate and REIT assets managed by money managers have decreased to a minimum level in at least five years [1]

INVESTOR PRESENTATION M AY 2 0 2 5 • N Y S E : A P L E F O RWA R D -L O O K I N G S TAT E M E N T S AC HOTEL PORTLAND DOWNTOWN/WATERFRONT, ME HOMEWOOD SUITES SAN JOSE AIRPORT- SILICON VALLEY Certain statements made in this presentation are forward-looking statements. These forward-looking statements include statements regarding our intent, belief or current expectations and are based on various assumptions. These statements involve substantial risks and uncertainties. Actual results or events could differ m ...

Core Viewpoint - Northview Residential REIT announced a cash distribution of C$0.091146 per Unit for June 2025, equating to an annualized amount of C$1.09 per Unit, payable on July 15, 2025 [1]. Group 1: Cash Distribution Details - The cash distribution amount for June 2025 is C$0.091146 per Unit [1]. - The annualized distribution amount is C$1.09 per Unit [1]. - The distribution will be payable to holders of Units of record at June 30, 2025 [1]. Group 2: Company Overview - Northview Residential REIT is a publicly traded real estate investment trust established under the laws of Ontario [2]. - The primary purpose of the REIT is to indirectly acquire, own, and operate a portfolio of income-producing rental properties in secondary markets within Canada [2].

Core Insights - Ryman Hospitality Properties, Inc. has successfully completed the acquisition of the JW Marriott Phoenix Desert Ridge Resort & Spa for approximately $865 million [1][2]. Company Overview - Ryman Hospitality Properties is a leading lodging and hospitality real estate investment trust specializing in upscale convention center resorts and entertainment experiences [3]. - The company's portfolio includes five of the top seven largest non-gaming convention center hotels in the U.S., with a total of 12,364 rooms and over 3 million square feet of meeting space [3]. Acquisition Details - The JW Marriott Desert Ridge is located on approximately 402 acres in Arizona and features 950 guest rooms, including 81 suites, and about 243,000 square feet of meeting and event space [2]. - The resort includes amenities such as a 28,000-square-foot spa, seven dining options, a 140,000-square-foot water amenity, and two golf courses [2]. - The property has undergone nearly $100 million in capital investments, including renovations and upgrades to various facilities [2].

Core Viewpoint - Zacks Investment Research has initiated coverage of Medalist Diversified REIT, Inc. (MDRR) with a "Neutral" recommendation, reflecting a mixed outlook for the company amid industry challenges [1] Company Overview - Medalist Diversified REIT, headquartered in Richmond, VA, focuses on acquiring, repositioning, renovating, leasing, and managing income-producing properties, primarily in legacy retail and flex-industrial assets in secondary and tertiary markets in Virginia, North Carolina, and South Carolina, along with a growing portfolio of single-tenant net lease (STNL) properties across the United States [2] Financial Performance - In Q1 2025, MDRR reported a 156.5% year-over-year increase in revenues from its STNL segment, attributed to strategic acquisitions of Buffalo Wild Wings and United Rentals properties, enhancing recurring income and cash flow visibility [3] - The company has successfully transitioned to fully leased STNL properties, which provide predictable, long-term rental income and reduce tenant turnover risk [4] Strategic Initiatives - Recent redemption of 8% Series A preferred stock has lowered financing costs and improved net income prospects for MDRR [4] - The company benefits from a mostly fixed-rate debt profile, which provides insulation from interest rate fluctuations and ensures predictable debt servicing [4] Market Positioning - MDRR's stock has underperformed compared to industry peers and the broader market over the past year, with valuation metrics indicating investor caution regarding the company's asset base, while also reflecting some optimism about its earnings potential [6] - The stock trades at a discount to peers based on asset value metrics, indicating concerns about property quality, scale, and financial leverage, but commands a premium on earnings-based multiples, suggesting expectations of improved operational performance following recent strategic changes [6] Governance and Risks - The company faces governance concerns due to related-party transactions, including STNL acquisitions from entities controlled by the REIT's CEO, which may deter institutional interest despite being approved under MDRR's policies [5] - MDRR continues to report net losses and operating expenses that exceed revenues, raising concerns about scale and efficiency, compounded by a small property base of just 12 developed assets, making it vulnerable to tenant attrition and limiting diversification [5]

Core Viewpoint - Ryman Hospitality Properties, Inc. has successfully closed an upsized public offering of 2,990,000 shares of common stock, raising approximately $275 million to fund a portion of the acquisition of the JW Marriott Phoenix Desert Ridge Resort & Spa [1][3][4] Group 1: Offering Details - The shares were sold at a public price of $96.20 per share, including 390,000 shares from the underwriters' option exercised on May 20, 2025 [1] - The offering was managed by Morgan Stanley, BofA Securities, J.P. Morgan, and Wells Fargo Securities as joint book-running managers, with additional bookrunners including Deutsche Bank Securities and others [2] Group 2: Use of Proceeds - The net proceeds from the offering will be contributed to RHP Hotel Properties, LP, which will use the funds to cover part of the $865 million purchase price for the Desert Ridge Acquisition [3] - The remaining purchase price will be funded through cash on hand and proceeds from a private placement of $625 million in senior notes, expected to yield approximately $614 million after expenses [4] Group 3: Company Overview - Ryman Hospitality Properties, Inc. is a leading real estate investment trust specializing in upscale convention center resorts and entertainment experiences, managing a portfolio that includes five of the largest non-gaming convention center hotels in the U.S. [6] - The company also has a controlling interest in Opry Entertainment Group, which includes iconic country music brands and various entertainment venues [6]

Core Viewpoint - Armada Hoffler has reached an agreement to acquire full ownership of Allied | Harbor Point, a 312-unit multifamily asset in Baltimore, aligning with its strategy to simplify operations and enhance long-term value [1][2][3] Acquisition Details - The agreement involves Armada Hoffler acquiring the minority interest from its joint venture partner, Beatty Development Group, transitioning to sole ownership [2] - The acquisition is expected to close in June, pending customary closing conditions [2] Strategic Intent - The CEO of Armada Hoffler emphasized the commitment to streamline operations and focus on wholly owned assets in prime mixed-use environments [3] - Full ownership of the Allied | Harbor Point asset is expected to enhance portfolio quality and provide 100% control and flexibility for future operations [3] Property Highlights - Allied | Harbor Point has shown strong demand since its opening in early 2025, featuring a landscaped rooftop terrace and waterfront views, making it a valuable addition to Armada Hoffler's portfolio [3] Company Overview - Armada Hoffler is a self-managed real estate investment trust (REIT) with over 40 years of experience in developing, acquiring, and managing high-quality properties primarily in the Mid-Atlantic and Southeastern United States [4] - The company also provides development and general contracting services to third-party clients, having been founded in 1979 [4]