Core Insights - Albert Anthony is a Croatian-American business author and media contributor with a focus on real estate investment trusts (REITs) [1] - He has a background in IT analysis for Fortune 500 companies and experience in financial services with Charles Schwab [1] - Anthony is launching a book on REITs in 2025 and manages his own equities research firm remotely [1] Background and Experience - The author has over 1,000 followers on Seeking Alpha and writes for various financial platforms [1] - He has participated in numerous business and innovation conferences in the EU and has a degree from Drew University [1] - Currently enrolled in the CMSA certification program at the Corporate Finance Institute in Vancouver [1] Media and Digital Presence - Albert Anthony is active in digital media, including a YouTube channel focused on REITs [1] - He has appeared in regional media channels in Croatia and has had roles in over five productions [1] - The author does not engage with non-publicly traded companies or small-cap stocks [1]

ab 14 August 2025 Global Research Private REITs provide a new channel to recycle capital, although this depends on the assets available to be spun off (remaining years of land use rights and developers' willingness). Potential beneficiaries are CR Land (our Top Pick, transitioning to an asset manager), Seazen (upgrade to Buy), Hang Lung Properties (unlocking value), Swire Properties (a track record of capital recycling), CapitaLand Investment (transitioning to an asset-light model) and GDS (capital recyclin ...

Company Overview - Easterly Government Properties (DEA) is a Real Estate Investment Trust (REIT) that specializes in acquiring, developing, and managing Class A commercial properties leased to U.S. government agencies [1] Investment Strategy - The company focuses on properties that are essential for government operations, which may provide stability and reliability in income generation [1] Market Position - The investment approach emphasizes identifying REITs that are temporarily out-of-favor, suggesting a contrarian strategy aimed at long-term value [1]

Core Insights - Google is transitioning from a traditional advertising company to a diversified technology conglomerate, indicating a significant shift in its business model and strategy [1]. Company Overview - Google is positioned at the forefront of a transformative industry, suggesting that its innovations and strategic pivots could have far-reaching impacts [1]. Investment Perspective - The focus on identifying undervalued companies, particularly in sectors like Real Estate Investment Trusts (REITs), highlights a strategic approach to uncovering investment opportunities [1].

Core Insights - Lyft is positioned to thrive as the adoption of its services increases, potentially allowing it to step out of Uber's shadow [1] Company Analysis - Lyft has historically been overshadowed by its competitor Uber Technologies, but there are indications that it may be ready for growth [1] Industry Context - The ride-sharing industry continues to evolve, with Lyft aiming to capture a larger market share as consumer preferences shift [1]

Core Insights - AppLovin (NASDAQ: APP) reported exceptional results in Q1 FY25, showcasing sustained revenue growth and margin expansion driven by its AXON platform [1] Financial Performance - The company continues to experience strong revenue growth, indicating robust demand for its services [1] - Margin expansion reflects improved operational efficiency and profitability [1] Strategic Advantages - The AXON platform is highlighted as a key driver of better returns, suggesting a competitive edge in the market [1]

Group 1 - The company has released its latest top investment picks for July 2025, emphasizing the timing for potential investors [1] - The company invests significant resources, over $100,000 annually, into researching profitable investment opportunities [1] - The company offers real estate strategies at a fraction of the cost, making it accessible for investors [1] Group 2 - The company's approach has garnered over 500 five-star reviews from satisfied members, indicating a positive reception and effectiveness [2] - The company encourages potential investors to join now to start maximizing their returns [2]

Core Viewpoint - In the current market characterized by economic uncertainty, real estate investment trusts (REITs) focused on necessity-based retail are increasingly seen as defensive income investments, with Realty Income and Regency Centers highlighted for their scale and income-generating capabilities [1][22]. Realty Income - Realty Income, known as "The Monthly Dividend Company," has a diversified portfolio of over 15,600 properties across the U.S., U.K., and Europe, focusing on single-tenant, triple-net leased assets, resulting in a 95% EBITDA margin [4][6]. - Approximately 91% of Realty Income's rent comes from tenants in resilient industries such as dollar stores and pharmacies, and the company has expanded into high-growth sectors like data centers [5][6]. - The company has maintained a 98.5% occupancy rate and has delivered positive operational returns for 29 consecutive years, with a median annual growth of 5.5% in adjusted funds from operations (AFFO) per share since 1996 [6][7]. - Realty Income has a strong financial position with an investment-grade credit rating (A3/A-), a 5.61% dividend yield, and a history of 111 consecutive quarterly dividend increases [7][8]. - However, the retail-focused portfolio faces vulnerabilities related to tariff issues and tenant bankruptcies, alongside a significant debt load of $27.6 billion [8]. Regency Centers - Regency Centers specializes in open-air shopping centers, with around 85% of its properties anchored by top-performing grocers, providing income stability during economic downturns [9][10]. - The REIT operates 480 grocery-anchored centers in affluent suburban markets, supporting long-term tenant performance and rent growth, with same-property lease rates exceeding 96% [11]. - Regency maintains a robust development pipeline with approximately $500 million in active projects, aiming for yields at least 150 basis points above private market cap rates [12][13]. - The company has a solid financial position with sector-leading credit ratings (A3/A-), low leverage, and $1.2 billion in liquidity [13]. - However, Regency faces challenges from growing e-commerce adoption and operational costs associated with multi-tenant properties, which may compress margins [14]. Financial Estimates and Performance - The Zacks Consensus Estimate for Realty Income's 2025 sales and FFO per share indicates year-over-year growth of 6.4% and 2.4%, respectively [15][20]. - For Regency Centers, the 2025 sales and FFO per share estimates imply growth of 5.5% and 5.6%, with recent estimates remaining unchanged [17][19]. - Year-to-date, Realty Income shares have increased by 7.6%, while Regency Centers stock has declined by 5.9%, contrasting with the broader REIT industry decline of 8.5% [20]. - Realty Income trades at a forward price-to-FFO of 13.21X, while Regency is at 14.99X, with both REITs carrying a Value Score of D [20]. Comparative Analysis - Both Realty Income and Regency Centers appeal to income-focused investors through their exposure to essential retail tenants, but Realty Income's global scale and lease simplicity make it a more reliable long-term income stock [22][23].

Group 1 - iREIT® and HOYA Capital lead an investing group focused on REITs, BDCs, MLPs, Preferreds, and other income-oriented alternatives, with a team of analysts boasting over 100 years of combined experience [2] - Brad Thomas, a key figure in the group, has over 30 years of real estate investing experience and has been involved in over $1 billion in commercial real estate transactions [3] - The iREIT® Tracker provides data on over 250 tickers, including quality scores, buy targets, and trim targets, aimed at delivering in-depth research [1] Group 2 - The team includes diverse professionals such as a former hedge fund manager, due diligence officer, portfolio manager, PhD, military veteran, and advisor to a former U.S. President [2] - Brad Thomas has been featured in major media outlets like Barron's, Bloomberg, and Fox Business, and is the author of four books, including "REITs For Dummies" [3]

Company Overview - Blend Labs (NYSE: BLND) is a fintech software provider that focuses on digitizing various functions for banks, credit unions, and mortgage originators [1]. Industry Insights - The platform developed by Blend Labs aims to streamline the labor-intensive processes often associated with banking and mortgage origination [1]. Investment Philosophy - The company emphasizes a fundamental investment philosophy that prioritizes thorough due diligence, focusing on financial health, competitive positioning, and management quality [1]. Market Opportunities - There is a belief that the Real Estate Investment Trusts (REITs) sector presents abundant opportunities for investors, highlighting the potential for long-term growth [1]. Research Approach - The company engages in meticulous analysis to identify undervalued companies, particularly in the REIT sector, that are poised for substantial appreciation [1].