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 that provides market commentary and research based on publicly available data [1] - The firm does not manage client funds or provide personalized financial advisory services, focusing instead on general market insights [1] Author's Qualifications - Anthony holds a B.A. in Political Science and is certified in Microsoft Fundamentals and CompTIA Project+ [1] - He is pursuing ongoing certifications in Capital Markets & Securities Analyst (CMSA) and business intelligence/data analysis through the Corporate Finance Institute [1] Media Presence - Anthony has a growing 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 - American Assets Trust (AAT) is currently offering a not fully covered dividend yield, which has reached its highest level since the pandemic due to a 30% year-to-date decline in its common stock [1] Company Overview - AAT's dividend yield has expanded significantly, indicating potential investment opportunities despite the stock's recent performance [1] Market Context - The equity market is characterized by daily price fluctuations that can lead to substantial long-term wealth creation or destruction [1] - Pacifica Yield is focused on long-term wealth creation by targeting undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms [1]

Core Insights - The average S&P 500 company raised its dividend by 6.4% in 2024, outpacing the inflation rate of 2.9% [1] - S&P 500 companies are expected to raise dividends by 6% to 7% in 2025 [1] - Dividend increases can be misleading, as seen with Nvidia's 150% increase, which resulted in a yield below 1% for income-focused investors [2] Company Summaries Essex Property Trust - Essex Property Trust is a REIT with a current dividend yield of 3.9% and a market cap of $18 billion [4][6] - The company has nearly doubled its dividend over the last decade, with a 4.9% increase expected in 2025 [6][7] - Essex has a 31-year history of dividend increases and reported earnings growth of 39% year over year [7] Chevron - Chevron, an oil and gas giant with a market cap of $312 billion, offers a dividend yield of 4.4% [8][10] - The company has raised its dividend by 33% since 2020, outpacing the 25% inflation during that period [8] - Chevron's share buyback program, worth $75 billion, supports its dividend sustainability [10][11] Realty Income - Realty Income is a REIT with a diversified portfolio of commercial properties valued over $85 billion and a current dividend yield of 5.75% [12][14] - The company has raised its monthly dividend 132 times since 1994, demonstrating resilience through various economic downturns [13] - Realty Income's cumulative dividend increases over the last decade amount to a 46% hike, surpassing the 36% inflation during that time [15]

Core Insights - First Capital Real Estate Investment Trust (FCR.UN) is a Canadian REIT focused on grocery-anchored, open-air shopping centres in urban areas, providing stable cash flow and growth through development [2][4][9] - The trust's strategy combines income generation from necessity-based retail tenants with a development pipeline aimed at enhancing asset value in high-demand neighborhoods [9][10][22] Company Overview - First Capital operates as an open-ended REIT, targeting mature neighborhoods in major Canadian urban markets such as Toronto, Montreal, and Vancouver [4][7] - The portfolio includes both stabilized retail properties and active development sites, allowing the trust to benefit from urban densification and revitalization [2][5] Operational Strategy - The trust emphasizes three pillars: cash flow stability through grocery and service anchors, value creation via real estate development, and active property management to maintain occupancy [5][21] - Notable assets include Yorkville Village and One Bloor East in Toronto, showcasing the trust's urban strategy [6][9] Financial Metrics - As of the latest metrics, First Capital has a market capitalization of approximately CA$4.10 billion with around 212.45 million shares outstanding [11][18] - The reported trailing dividend yield is approximately 4.59%, with a forward yield near 4.61% [13][19] Market Position - First Capital's market role is characterized by its dual focus on income-producing retail real estate and mixed-use development, differentiating it from pure net-lease or industrial REITs [7][44] - The trust's concentrated urban strategy positions it to benefit from sustained demand for neighborhood retail in walkable, transit-friendly markets [9][44] Development and Growth - The trust actively pursues densification and mixed-use conversions in high-demand locations, unlocking incremental value through residential and office additions [22][24] - Development projects often target mid-rise residential or mixed-use overlays above retail podiums, requiring careful management of timelines and municipal approvals [24][36] Governance and Leadership - Corporate governance and leadership are crucial for executing the trust's development and income strategy, with oversight on capital allocation and leasing policy [34][39] - Monitoring management's execution against stated goals is essential for assessing future value creation [36][39]

Group 1 - Public Storage (PSA) is one of the largest Real Estate Investment Trusts (REITs) globally, managing over 3,400 properties with more than 250 million square feet of leasable space [1] - The company has established a strong reputation in the market, indicating its reliability and stability in the REIT sector [1] - Denislav Iliev, an experienced day trader with over 15 years in the field, leads a team of 40 analysts focused on identifying mispriced investments in fixed-income and closed-end funds [1] Group 2 - The investing group Trade With Beta, led by Denislav Iliev, offers features such as frequent picks for mispriced preferred stocks and baby bonds, weekly reviews of over 1,200 equities, IPO previews, and hedging strategies [1] - The service includes an actively managed portfolio and a chat room for discussions among sophisticated traders and investors [1]

Core Insights - Solel Partners has fully liquidated its stake in Paramount Group, selling 4.2 million shares for approximately $25.6 million in Q3, indicating a strategic shift rather than a pessimistic outlook on the company [1][2][6] Company Overview - Paramount Group, Inc. is a large-scale office REIT focused on prime urban centers, particularly in New York City and San Francisco, with a portfolio that emphasizes Class A properties [5] - The company reported a total revenue of $723.3 million and a net income of -$97.4 million, with a market capitalization of $1.5 billion [4] Market Performance - As of the latest market close, shares of Paramount Group were priced at $6.55, reflecting a 30% increase over the past year, outperforming the S&P 500's nearly 15% gain during the same period [3] Investment Strategy - The exit by Solel Partners may suggest that Paramount no longer presents meaningful upside compared to other investment opportunities within its concentrated portfolio [6][9] - The timing of the sale is crucial; if it occurred before Rithm Capital's acquisition announcement at $6.60 per share, it may indicate concerns about the company's fundamentals [7] - If the sale happened post-announcement, it reflects a strategic decision to reallocate funds into higher-conviction holdings due to capped upside potential [8][9]

Core Insights - iREIT+HOYA Capital focuses on income-producing asset classes, aiming for sustainable portfolio income, diversification, and inflation hedging [1][2] - The service provides investment research on various financial instruments, including REITs, ETFs, closed-end funds, preferreds, and dividend champions, targeting dividend yields up to 10% [2] Market Context - Market volatility, such as a 10% drop in the S&P 500, creates opportunities particularly in high-yield stocks [2] - The investment strategy emphasizes defensive stocks with a medium- to long-term horizon, catering to investors seeking dependable monthly income [2]

iREIT+HOYA Capital is the premier income-focused investing service on Seeking Alpha. Our focus is on income-producing asset classes that offer the opportunity for sustainable portfolio income , diversification , and inflation hedging . Get started with a Free Two-Week Trial and take a look at our top ideas across our exclusive income-focused portfolios.Now remains a target-rich environment for income stocks, especially for those in the high-quality category. While some stocks are cheap for a reason, it’s im ...

Core Insights - iREIT+HOYA Capital focuses on income-producing asset classes, aiming for sustainable portfolio income, diversification, and inflation hedging [1][2] - The service provides investment research on various financial instruments, including REITs, ETFs, closed-end funds, preferreds, and dividend champions, targeting dividend yields up to 10% [2] Market Context - Market volatility, such as a 10% drop in the S&P 500, creates opportunities for high-yield stocks, which are considered more defensive investments [2] Investment Strategy - The investment group emphasizes dependable monthly income and portfolio diversification, catering to investors with a medium- to long-term horizon [2]

Core Insights - The focus is on income-producing asset classes that provide sustainable portfolio income, diversification, and inflation hedging [1][2] - The investment strategy emphasizes high-quality income stocks, particularly those that are defensive in nature, with a medium- to long-term investment horizon [2] Investment Strategy - The investment group iREIT®+HOYA Capital targets dividend yields up to 10% and offers research on various asset classes including REITs, ETFs, closed-end funds, preferred stocks, and dividend champions [2] - The service aims to help investors achieve dependable monthly income and portfolio diversification [2] Market Environment - The current market is described as a "target-rich environment" for income stocks, indicating a favorable landscape for investment opportunities [2]