Real Estate - Spark Newswire

3 minute read

Analysts Recently Raised Price Targets on Several REITs

Today, 2:19 AM

In a turnaround from 2022, analysts have again begun to show improved regard for real estate investment trusts (REITs). While downgrades and lowered price targets dominated REIT news last year, more analysts have been upgrading them since the beginning of 2023.

NNN

2 minute read

Roofstock onChain Announces Sale Of Alabama Rental Property Via NFT On Ethereum Blockchain

By Murtuza Merchant

Today, 2:19 AM

Digital real estate platform Roofstock announced on Friday the successful sale of a rental property in Alabama through a non-fungible token (NFT) enabled by Roofstock onChain (ROC), its Web3 subsidiary.

ETH

3 minute read

The 3 Best-Performing Storage REITs Over The Past 4 Weeks

By Ethan Roberts

Today, 2:19 AM

As January comes to an end, many of the real estate investment trusts (REITs) that were substantially lower in 2022 have had remarkable comebacks this month. One very strong subsector has been storage REITs.

CUBE

1 minute read

Agree Realty All Set To Join S&P MidCap 400 Next Week

By Shivdeep Dhaliwal

Today, 2:19 AM

Agree Realty Corp. (NYSE: ADC), which is a constituent of the S&P SmallCap 600, is all set to join the S&P MidCap 400 on Feb. 6, 2023.

ADC

3 minute read

These 2 REITs Have Strong Positive Price Action

By John Navin

Today, 2:19 AM

A sense that the Federal Reserve will slow the pace of interest rate hikes may be part of the reason real estate investment trusts (REITs) Park Hotels & Resorts Inc. and Weyerhaeuser Co. closed higher last week and hit new three-month highs.

2 minute read

2 REITs Making New Highs Despite Rate Hike Concerns

By John Navin

Today, 2:19 AM

The continued strength of Global Net Lease Inc (NYSE: GNL) and Getty Realty Corp Holding Company (NYSE: GTY) is awesome to behold, especially given the uncertainty about the pace of interest rate rises by the Fed.

GNL

2 minute read

Homebuilder Stocks Soar Following Positive Market Data: What You Need To Know

By AJ Fabino

Today, 2:19 AM

Homebuilder sentiment increased in January for the first time in a year after declining for 12 straight months, triggering a rally in homebuilder stocks. What Happened: Recent data issued by the National Association of Homebuilders (NAHB) showed its national Housing Market Index (HMI) rose moderately from a December low of 31 to a more-encouraging 35.

DHI

3 minute read

Multiple Analysts Downgraded These 3 REITs

By Ethan Roberts

Today, 2:19 AM

While January has seen a number of improving analyst calls on real estate investment trusts (REITs), there have also been some downgrades. Take a look at three REITs that have recently received multiple analyst downgrades but still managed to show positive results this month:

CCI

3 minute read

The 3 Best-Performing Residential REITs Over The Past 4 Weeks

By Ethan Roberts

Today, 2:19 AM

Residential real estate investment trusts (REITs) were subpar performers in 2022, but like many other REITs, they are beginning to find their footing in 2023, as the entire residential subsector has shown recent positive gains.

AMH

2 minute read

Marijuana REIT IIP Sued By Investors For Not Doing Proper Diligence On Its Investment

By Vuk Zdinjak

Today, 2:19 AM

An investor group led by Michael Mallozzi is suing cannabis REIT Innovative Industrial Properties (NYSE: IIPR) over failed due diligence in its Kings Garden investment.

IIPR