Group 1 - The article discusses the author's journey into investing, starting in high school in 2011, focusing on REITs, preferred stocks, and high-yield bonds, indicating a long-standing interest in markets and the economy [1] - The author has recently adopted a strategy that combines long stock positions with covered calls and cash secured puts, emphasizing a fundamental long-term investment approach [1] - The author primarily covers REITs and financials on Seeking Alpha, with occasional articles on ETFs and other stocks influenced by macro trade ideas [1]

Core Insights - The article highlights three reliable dividend-paying REITs: Essex Property Trust, Federal Realty Investment Trust, and Realty Income, emphasizing their strong track records in generating passive income from real estate investments [2][15]. Essex Property Trust - Essex Property Trust is a residential REIT focused on the West Coast, benefiting from high housing demand and occupancy rates, which drives steady rent growth [4]. - Over the past 20 years, Essex's same-property net operating income has grown by 126%, significantly outpacing the 103% average growth rate of its multifamily REIT peers [5]. - Essex has increased its dividend by 216% over the same period, compared to a 97% average for its peers, and has raised its dividend for 31 consecutive years by a cumulative 516% [6]. - The company maintains a conservative dividend payout ratio and a strong balance sheet, allowing for continued investment in its portfolio [7]. Federal Realty Investment Trust - Federal Realty is a retail REIT that focuses on high-quality mixed-use properties in affluent metro markets, emphasizing quality over quantity [8]. - Since 2005, Federal Realty has increased its FFO per share by over 134%, while larger peers have shown significantly lower growth rates [9]. - The company has maintained its dividend for 58 consecutive years, supported by a strategy of recycling capital to invest in higher-quality properties [10][11]. Realty Income - Realty Income aims to provide dependable monthly dividends, having increased its payment 131 times since its public listing in 1994, with a record of 111 consecutive quarters of dividend increases [12]. - The REIT focuses on properties that generate stable rental income, secured by long-term net leases with leading companies, particularly in resilient industries [13]. - Realty Income's adjusted FFO per share has grown at a rate of over 5% annually, supporting a compound annual dividend growth of 4.2% [14].

Company Overview - Rexford Industrial Realty is a self-administered and self-managed full-service real estate investment trust (REIT) focused on owning, operating, and acquiring industrial properties in Southern California infill markets, with a portfolio of 424 properties totaling approximately 51.0 million rentable square feet [1] - The company also engages in acquiring or providing mortgage debt secured by industrial-zoned property and offers property management and leasing services [1] Activist Involvement - Elliott Investment Management has taken a position in Rexford Industrial Realty, indicating a significant economic exposure estimated between $400 million to $500 million, likely closer to $1 billion [3][7] - Elliott is known for advocating better corporate governance and capital allocation, aiming to restore strategic focus on shareholder value [8] Market Context - The industrial REIT sector has benefited from strong secular tailwinds due to the rise of e-commerce, increasing demand for warehouse space, particularly in Southern California, which faces land scarcity and entitlement challenges [4] - Historically, Rexford has traded at a premium to net asset value (NAV), but currently trades at a 20% discount to NAV and a 5-6 turn AFFO discount to peers, with stock prices declining from over $80 in December 2021 to around $40 [6][10] Strategic Implications - The involvement of Elliott may catalyze strategic outcomes for Rexford, making it a potential acquisition candidate due to its premium assets and current discounted valuation [10][11] - If an acquisition opportunity arises, Elliott would evaluate the best path for shareholder value, potentially favoring an acquisition at a reasonable premium over a long-term standalone plan [12]

Group 1 - The real estate market has faced challenges in recent years but is expected to recover soon, presenting investment opportunities [1] - The analysis emphasizes the importance of gaining exposure to the real estate sector at this time [1] - The author has a strong background in finance, particularly in corporate finance, M&A, and investment analysis, with a focus on real estate [1] Group 2 - The author aims to share insights and analysis on interesting companies, fostering debate and continuous improvement in investment decisions [1]

Core Viewpoint - Vornado Realty's preferred shares are expected to benefit from anticipated rate cuts and the company's strategy to sell non-core assets [1] Company Summary - Vornado Realty (NYSE: VNO) is focusing on enhancing the value of its preferred shares, particularly the 4.45% Series O cumulative preferreds (NYSE: VNO.PR.O) [1] - The company is actively pursuing the disposal of non-core assets to strengthen its financial position [1] Industry Summary - The equity market is characterized by significant daily price fluctuations that can lead to substantial long-term wealth creation or destruction [1] - Pacifica Yield is targeting long-term wealth creation by investing in undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms [1]

Key Takeaways Crown Castle owns ~40,000 towers across top U.S. markets, positioning it for rising data demand.Long-term leases with U.S. carriers provide recurring rental revenue and embedded rent growth.CCI ended Q2 2025 with $94M cash and $6.6B of available credit facility. Crown Castle (CCI) owns a portfolio of wireless communication infrastructure assets in the United States. As wireless data consumption is expected to increase significantly over the next few years, service providers are likely to conti ...

Core Viewpoint - AIP Realty Trust reported its financial results for the three and six months ended June 30, 2025, showing a decline in investment property revenue but an increase in net rental income, alongside significant expenses related to trust operations and financing activities [1][5]. Financial Performance - Investment property revenue for Q2 2025 was $150,403, a decrease of $2,188 or 1% from $152,591 in Q2 2024, primarily due to reduced parking revenue and unit vacancy [3][5]. - Investment property operating expenses decreased to $46,316 in Q2 2025 from $53,583 in Q2 2024, a reduction of $7,267 or 14%, attributed to lower maintenance and repair costs [3][5]. - Net rental income for Q2 2025 increased to $104,087, up $5,079 or 5% from $99,008 in Q2 2024 [3][5]. - Trust expenses for Q2 2025 were $1,341,315, down $186,411 or 12% from $1,527,726 in Q2 2024, mainly due to a one-time fee in the previous year [3][5]. Financing Activities - AIP Realty Trust announced a non-brokered private placement to issue up to 14,000,000 Preferred Units at $0.50 each, aiming for gross proceeds of up to $7,000,000, pending TSXV approval [5]. - The Trust has completed four tranches of financing between April 2024 and February 2025, raising $4,445,000 through the issuance of 8,890,000 Preferred Units [5]. - An engagement letter was signed with Desjardins Capital Markets for a fully marketed offering of approximately $100,000,000 in securities, with proceeds intended for the AllTrades Transaction and general working capital [5]. Business Outlook - AIP Realty Trust has an exclusive right to purchase AllTrades' completed and leased facilities, including 13 properties under forward purchase agreements [8]. - The Trust anticipates closing the AllTrades Transaction by the end of Q3 2025, which involves acquiring six completed facilities [9]. Company Overview - AIP Realty Trust is focused on a growing portfolio of AllTrades branded light industrial flex facilities, targeting small businesses in the U.S. [10]. - The Trust aims to expand its operations nationally, starting with the Dallas-Fort Worth market, and holds exclusive rights to finance and purchase properties developed by AllTrades [10].

It's been almost 2 years since my previous article on Simon Property Group (NYSE: SPG ) entitled " Simon Property Group: One Of The Best 7% Dividend Yields ". In this article, I will reiterate my beliefAnalyst’s Disclosure:I/we have a beneficial long position in the shares of SPG either through stock ownership, options, or other derivatives. 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 w ...

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.Warren Buffett at one time remarked that his portfolio isn’t comprised of fast movers, but rather of ones that move at a glacial pace. Perhaps there is some ...

PHILADELPHIA, Aug. 28, 2025 /PRNewswire/ -- Berger Montague PC is investigating potential securities fraud claims on behalf of investors of CTO Realty Growth, Inc. (NYSE: CTO) ("CTO" or the "Company") following the filing of a securities class action lawsuit on behalf of investors who purchased or otherwise acquired CTO securities between February 18, 2021 through June 24, 2025 (the "Class Period").Investor Deadline: Investors who purchased or acquired CTO securities during the Class Period may, no later th ...