The equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend tickers, REITs, and green energy firms.Analyst’s Disclosure:I/we have a beneficial long position in the shares of KREF.PR.A either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses m ...

Key Takeaways O formed a strategic JV with GIC to develop build-to-suit U.S. logistics assets pre-leased to tenants.O and GIC committed over $1.5B; O will majority-own assets while GIC anchors the U.S. Core Plus fund.O is expanding in Mexico with construction financing and a takeout purchase commitment of $200M.Realty Income (O) announced that it has established a strategic partnership with GIC. The partnership includes the formation of a programmatic joint venture (JV) primarily focused on build-to-suit de ...

Core Insights - The real estate investment trusts (REITs) and related ETFs did not perform well in the previous year despite the Federal Reserve's three interest rate cuts, but there is potential for improvement by 2026 [1] Group 1: Market Outlook - The assessment of REITs' future performance is based on strong fundamentals, including robust acquired funds from operations (AFFO), net operating income (NOI), and same-store net operating income (SS NOI) outlooks [2] - Active management through the ALPS Active REIT ETF can enhance the chances of success for investors in the real estate sector [2] Group 2: REIT Structure and Benefits - REITs operate similarly to mutual funds by pooling capital for investments, focusing exclusively on real estate assets such as office buildings, shopping malls, apartments, and warehouses [4] - The REIT structure allows for exemption from corporate income taxes if at least 90% of taxable income is distributed to shareholders as dividends, making them appealing for high-yield investments [5] - Active management in REITs helps avoid dividend cuts and access real estate names with better long-term distribution growth potential [6][7] Group 3: Investment Considerations - REITs offer high income potential and liquidity compared to traditional real estate investments, attracting everyday investors [8] - However, they are sensitive to interest rate changes, which can affect property values and investment yields, and their obligation to distribute most income limits reinvestment opportunities [8]

REITs are set to kick off the quarterly earnings season next week, with FIBRA Prologis (FBBPF) and Prologis (PLD) among the first ones to report. The Real Estate Select Sector SPDR Fund ETF (XLRE) managed to return merely ...

Conservative Income Portfolio targets the best value stocks with the highest margins of safety. The volatility of these investments is further lowered using the best priced options. Our Enhanced Equity Income Solutions Portfolio is designed to reduce volatility while generating 7-9% yields. Our performance relative to a 60:40 benchmark, can be seen below.It has been 9 months since we wrote about Innovative Industrial Properties, Inc. ( IIPR ). On our last coverage , we had 3 major takeaways.Trapping Value i ...

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or a ...

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or a ...

Core Insights - Highwoods Properties (HIW) has updated its investment activities to support long-term growth by acquiring Bloc83 in Raleigh and The Terraces in Dallas [1][8] Investment Details - Highwoods holds a 10% interest in Bloc83, acquired through a joint venture with the North Carolina Investment Authority, with a total investment of approximately $210.5 million. The mixed-use asset covers 492,000 square feet and includes two 10-story office buildings, with 27,000 square feet of retail space. As of December 31, 2025, the property was 97% leased with a weighted average lease term of 6.5 years [2] - Highwoods owns an 80% interest in The Terraces, acquired in a joint venture with Granite, totaling around $109.3 million. The company also contributed $12.9 million in preferred equity. This 12-story office building spans 173,000 square feet and was 98% leased as of December 31, 2025, with a weighted average lease term of seven years [3] Funding Strategy - The acquisitions will be funded through the sale of select non-core assets, making them leverage-neutral. The buyouts are expected to be immediately accretive to cash flows and neutral to the near-term FFO run rate for the company [4][8] Financial Projections - For 2026, Highwoods anticipates generating a GAAP net operating income (NOI) of approximately $9 million and cash NOI of $7.5 million from these investments, along with an additional $0.8 million from the preferred equity investment in The Terraces [4][8] Strategic Positioning - Highwoods' disciplined capital-recycling strategy, which involves shedding non-core assets and reinvesting in premium properties, enhances portfolio quality and positions the company for sustained growth [5]

Regency Centers Corporation (REG), based in Jacksonville, Florida, is a key player in owning, managing, and developing grocery-anchored retail centers in U.S. communities. The real estate investment trust (REIT) specializes in necessity-driven shopping destinations that anchor neighborhoods with reliable grocers and supporting shops for daily essentials. The company has a market capitalization of $12.75 billion. The company is expected to report its fourth-quarter results for fiscal 2025 on Feb. 5, 2026, ...

Camden Property Trust (CPT), headquartered in Houston, Texas, is a leading real estate investment trust (REIT) focused on multifamily apartments. The company owns, develops, manages, and acquires apartment communities in high-growth markets across the U.S. Camden emphasizes resident-focused amenities such as modern fitness centers and pools, and is expanding into thriving urban and suburban areas. The company has a market capitalization of $11.58 billion. Camden is set to report its fourth-quarter result ...