Core Insights - The article highlights the extensive experience of Roberts Berzins in financial management, particularly in shaping financial strategies for top-tier corporates and executing large-scale financings [1] - It emphasizes Berzins' contributions to institutionalizing the REIT framework in Latvia, aimed at enhancing the liquidity of pan-Baltic capital markets [1] - The article also notes Berzins' involvement in developing national SOE financing guidelines and frameworks to channel private capital into affordable housing [1] Group 1 - Roberts Berzins has over a decade of experience in financial management [1] - He has significantly contributed to the institutionalization of the REIT framework in Latvia [1] - Berzins is a CFA Charterholder and holds an ESG investing certificate [1] Group 2 - He has worked on developing national SOE financing guidelines [1] - Berzins is focused on channeling private capital into affordable housing stock [1] - He is actively involved in thought-leadership activities to support pan-Baltic capital markets [1]

Core Viewpoint - The company Alexandria Real Estate Equities is facing legal action due to allegations of violating federal securities laws by making misleading statements regarding its Long Island City property and its leasing value as part of its Megacampus strategy [2]. Financial Performance - Alexandria reported third quarter earnings for 2025 that did not meet analyst expectations, with a 5% decline in revenue and a 7% decline in adjusted funds from operation [3]. - The average occupancy rate for Alexandria decreased from 94.8% in the previous year to 91.4% [3]. - Following the release of these financial results, Alexandria's stock price dropped over 19% on October 28, 2025 [3]. Legal Proceedings - A lead plaintiff has been appointed in the class action lawsuit, representing the investor with the largest financial interest in the case [4]. - Any member of the putative class can move to serve as lead plaintiff or choose to remain an absent class member without affecting their ability to share in any recovery [4]. Whistleblower Information - The law firm Faruqi & Faruqi encourages individuals with information regarding Alexandria's conduct, including whistleblowers and former employees, to come forward [5].

Group 1 - The company invests thousands of hours and over $100,000 annually to identify profitable opportunities, resulting in over 500 five-star reviews from members experiencing real results [1] - The company has released its Top Picks for 2026, offering new members a $100 discount and a 30-day money-back guarantee [1] Group 2 - Jussi Askola is the President of Leonberg Capital, a value-oriented investment boutique that provides consulting on REIT investing to hedge funds, family offices, and private equity firms [2] - Askola has authored award-winning academic papers on REIT investing and has established relationships with top REIT executives [2] - The investing group High Yield Landlord, led by Askola, shares a real-money REIT portfolio and transactions in real-time, featuring three portfolios (core, retirement, international), buy/sell alerts, and a chat room for direct access to analysts [2]

The Buy Thesis - Gladstone Commercial (GOOD) is undervalued at a 9X multiple, which suggests low-quality earnings or high risk, despite its durable cash flows [1] - The market is overlooking two key aspects of GOOD's transition from a predominantly office portfolio to 70% industrial [1] Valuation - A fair value estimate for GOOD is $15.25 per share, representing a 14X multiple on forward AFFO [2] - GOOD's portfolio and balance sheet are in healthy shape, positioning the company for growth in AFFO/share [44] Portfolio Transition - The transition from office to industrial assets is critical, with GOOD managing to reduce its office holdings to 28% over the past decade [55] - GOOD's approach to transitioning was gradual and opportunistic, allowing for better management of AFFO/share losses compared to peers [25][43] Performance Comparison - GOOD lost only 9% of its AFFO/share from 2015 to 2026, while peers LXP and SLG lost 20% and 56%, respectively [23][21] - The company maintained a higher quality of earnings through strategic tenant relationships and selective asset sales [25][26] Tenant and Property Quality - More than half of GOOD's tenants are investment-grade or equivalent, which is higher than most triple net REITs [38] - Industrial leases have embedded escalators of approximately 3%, providing a stable income stream [58] Market Sentiment - The market has been punishing GOOD for historical AFFO/share weakness due to the pandemic, despite its strong fundamentals [39][42] - The current trading multiple does not reflect GOOD's forward prospects, indicating substantial undervaluation [65][71] Debt and Financial Health - GOOD has modestly reduced its leverage and has a mix of property-level mortgage debt and company-level credit facilities [45][48] - The company is expected to benefit from potential interest rate cuts, which could lower its cost of variable rate debt [50][54]

The Buy Thesis - Gladstone Commercial (GOOD) is undervalued at a 9X multiple, which suggests low-quality earnings or high risk, despite its durable cash flows [1] - The market is overlooking two key aspects of GOOD's performance, particularly its transition from a predominantly office portfolio to 70% industrial [1] Valuation - A fair value estimate for GOOD is $15.25 per share, representing a 14X multiple on forward AFFO, indicating significant upside potential [2][68] - GOOD's portfolio and balance sheet are in healthy condition, positioning the company for future AFFO/share growth [44] Portfolio Transition - GOOD has transitioned from 52% office assets in 2015 to only 28% office currently, focusing on industrial properties [18][55] - The transition strategy involved a gradual approach, allowing GOOD to maintain tenant relationships and minimize AFFO/share losses [25][26] Performance Comparison - GOOD lost only 9% of its AFFO/share from 2015 to 2026, compared to LXP's 20% and SLG's 56% losses, showcasing its relative fundamental outperformance [23][43] - The company managed to renew or extend leases on a significant portion of its office assets, reducing the need for large-scale asset sales [26] Tenant Quality and Leasing Costs - More than half of GOOD's tenants are investment-grade or equivalent, which is higher than most triple net REITs [38] - GOOD's leasing costs are favorable, with an expense ratio of 7.14% compared to typical office leasing costs of up to 20% [61] Market Sentiment - The market has been punishing GOOD for historical AFFO/share weakness due to the pandemic, despite its strong fundamentals and recovery potential [39][42] - The current trading behavior of REITs reflects a backward-looking judgment, which has led to GOOD being undervalued relative to its forward prospects [42] Debt and Interest Rate Environment - GOOD has modestly reduced its leverage and has a mix of property-level mortgage debt and company-level credit facilities [45][48] - The company is positioned to benefit from potential interest rate cuts in 2026, which could lower its cost of variable rate debt [50][54]

Core Insights - Albert Anthony is a Croatian-American business author and analyst contributing to Seeking Alpha and other financial platforms, with a focus on Real Estate Investment Trusts (REITs) [1] - He has a background in business information systems and experience at Charles Schwab, which supports his analytical capabilities in equities research [1] - Anthony operates his own boutique equities research firm, Albert Anthony & Company, remotely from Texas, and is actively involved in the REIT investment space [1] Company Background - Albert Anthony & Company is a Texas-registered business managed entirely by Anthony, emphasizing a data-driven approach to equities research [1] - The firm does not engage in personalized financial advisory or manage client funds, focusing instead on general market commentary and research based on publicly available data [1] Professional Development - Anthony holds a B.A. in Political Science and is certified in Microsoft Fundamentals and CompTIA Project+, with ongoing certifications in Capital Markets & Securities Analyst and business intelligence/data analysis [1] - His interest lies in streamlining the equities research process using business information tools to provide actionable insights [1] Media Presence - Anthony is expanding his presence on YouTube, where he discusses REITs and shares insights from his investment portfolio [1] - He has participated in numerous business and innovation conferences, enhancing his visibility in the financial community [1]

Core Insights - The article discusses the significance of dividend-paying stocks in generating long-term returns and stability in the market, highlighting the performance of various categories of dividend stocks from 1973 to 2022 [1][2][4]. Dividend Performance - Dividend-paying companies achieved an average annual return of 9.18%, while non-dividend payers lagged at 3.95%. Companies that consistently raised dividends performed even better with a return of 10.24%, while those maintaining dividends saw 6.60% returns. The worst performers were companies that cut dividends, which had a -0.60% annual return [2]. Volatility Analysis - Non-dividend-paying stocks exhibited a beta of 1.18, indicating higher volatility compared to the market, while dividend-paying stocks had a beta of 0.94, suggesting steadier performance with fewer extreme price swings [3]. Investment Strategy - The article emphasizes the importance of investing in companies with a consistent history of dividend payments, as these firms are often more stable and resilient during economic downturns [4][6]. Realty Income Corporation - Realty Income Corporation (NYSE:O) is highlighted as a top dividend stock, with a dividend yield of 5.72% and 27 hedge fund holders as of December 28. Morgan Stanley recently raised its price target for the company to $65 from $62 [9][10]. - The company operates by acquiring single-tenant commercial properties and leasing them under triple-net leases, which helps maintain steady cash flow and reliable monthly dividends [10][11]. - Realty Income has a strong track record, having paid 666 consecutive monthly dividends and raised its dividend 133 times since its NYSE listing in 1994 [13]. National Fuel Gas Company - National Fuel Gas Company (NYSE:NFG) is another notable dividend stock, with a dividend yield of 2.64% and 32 hedge fund holders as of December 28. JPMorgan recently raised its price target for the company to $96 from $95 [15][16]. - The company is set to acquire CenterPoint Energy's Ohio natural gas utility business for $2.62 billion, which will significantly expand its regulated footprint and double its gas utility rate base [18][19]. - This acquisition is expected to enhance National Fuel's cash flows and reinforce its investment-grade balance sheet, as it serves a large customer base across Western New York and Northwestern Pennsylvania [20].

For retirees, consistency of dividend payments is of utmost priority, especially given the rising cost of living and living longer. The most consistent dividend payors are the businesses with solid cash flows and a proven track record of paying stable dividends, regardless of market cycles.Today, we spotlight three such businesses for consideration. What Makes a Stock Retirement-Friendly?Taking a step back, we have to first consider what makes a stock retirement-friendly. First, the company should have a su ...

SAN DIEGO--(BUSINESS WIRE)---- $ARE #Family--Robbins LLP: Company: Alexandria Real Estate Equities, Inc. (NYSE: ARE) is a real estate investment trust (REIT) specializing in lifescience real estate with a focus on lab space, research facilities and offices for tenants in the pharmaceutical, biotech, and agricultural technology industries. What is the class period? January 27, 2025 - October 27, 2025 What is the case about? Robbins LLP reminds stockholders that a class action was filed on behalf of all inves ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Alexandria Real Estate Equities, Inc. during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Alexandria Real Estate Equities securities between January 27, 2025, and October 27, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by January 26, 2026 [3]. Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]. Group 3: Case Background - The lawsuit alleges that defendants provided misleading information regarding Alexandria Real Estate's expected revenue and funds from operations growth for the 2025 fiscal year, particularly concerning its real estate operations [5]. - Defendants reportedly made positive statements about Alexandria Real Estate's lease activity and occupancy stability while concealing adverse facts about the true state of its Long Island City property [6].