$1.4T equity market cap
Industry StatsLong
$1.4T US REIT equity market cap
Source: Nareit
1-2% FFO multifamily 2025
ResidentialMulti
1-2% multifamily FFO 2025
Source: JPMorgan
10% total return target
Industry StatsLong
~10% total return target 2026
Source: JPMorgan
155 listed REITs 2025
Industry StatsLong
155 publicly listed REITs 2025
Source: Morningstar
170M Americans own REITs
Industry StatsLong
~170M Americans own REITs (retirement)
Source: Nareit
3.6M FTE jobs
Industry StatsLong
US REITs = 3.6M full-time jobs 2024
Source: Nareit
4% dividend yield avg
Industry StatsLong
~4% dividend yield avg REIT
Source: JPMorgan
4% yield + 5% growth = 9% return
StrategyLong
Approx 4% yield + 5% growth = 9% target
Source: JPMorgan
5.6% dividend yield O
Net LeaseIncome
Realty Income ~5.6% yield
Source: USNews
570K real estate assets
Industry StatsLong
US REITs own 570K+ properties
Source: Nareit
598 listed + 137 unlisted total
Industry StatsLong
598 listed + 137 unlisted REITs
Source: Morningstar
60% large deals AI-related EQIX
Data CenterLong
EQIX 60% largest deals AI-related
Source: Gotrade
70% occupants adjusted footprint
OfficeMulti
70%+ occupants adjusted footprint
Source: JPMorgan
70% pension assets in REITs
Industry StatsLong
>70% US pension assets use REITs
Source: Nareit
75% pension >$25B REITs
Industry StatsLong
75% large pensions ($25B+) use REITs
Source: Nareit
AGNC Investment AGNC
Mortgage REITsIncome
AGNC Investment agency mREIT
Source: encyclopedia
AGNC Investment mREIT
MortgageMulti
AGNC Investment mREIT agency MBS
Source: encyclopedia
AMT $4.7B AFFO annually
Cell TowersLong
American Tower $4.7B AFFO annually
Source: Paperfree
AMT +17% dividend 2014-26
Cell TowersLong
AMT +17%/yr dividend 2014-26 5.3% Q1 2026
Source: Fool
AMT 149K+ sites global
Cell TowersLong
AMT ~150K communication sites global
Source: Fool
AMT 225K+ sites worldwide
Cell TowersLong
AMT 225K+ sites worldwide alt count
Source: Bullish
Aging baby boomers tailwind 3%
HealthcareLong
3% pa demand growth from aging boomers
Source: Morningstar
Agree Realty ADC
Net LeaseIncome
Agree Realty triple-net
Source: encyclopedia
Agree Realty ADC
Net LeaseLong
Agree Realty ADC net lease essential retail
Source: encyclopedia
American Homes 4 Rent AMH
ResidentialLong
American Homes 4 Rent SFH
Source: encyclopedia
American Homes AMH SFR
ResidentialLong
American Homes 4 Rent AMH SFR
Source: encyclopedia
American Tower AMT largest
Cell TowersLong
American Tower AMT largest tower REIT
Source: Fool
Americold COLD
IndustrialLong
Americold Realty Trust cold storage
Source: encyclopedia
Annaly Capital NLY largest mREIT
Mortgage REITsIncome
Annaly Capital largest mortgage REIT
Source: encyclopedia
Annaly NLY mREIT
MortgageMulti
Annaly NLY mREIT agency MBS largest
Source: encyclopedia
Apartment REITs multifamily
ResidentialLong
Apartment / multifamily REITs
Source: encyclopedia
Apple Hospitality APLE
HotelsMulti
Apple Hospitality select-service
Source: encyclopedia
Apple Hospitality APLE select
HospitalityMulti
Apple Hospitality APLE select-service
Source: encyclopedia
Arbor Realty ABR
Mortgage REITsIncome
Arbor Realty Trust multifamily
Source: encyclopedia
AvalonBay AVB Class A coastal
ResidentialLong
AvalonBay AVB Class A coastal apartments
Source: encyclopedia
AvalonBay AVB coastal
ResidentialLong
AvalonBay Communities coastal apt
Source: encyclopedia
Blackstone Mortgage BXMT
Mortgage REITsIncome
Blackstone Mortgage Trust commercial mREIT
Source: encyclopedia
Blackstone Mortgage BXMT
MortgageMulti
Blackstone Mortgage BXMT commercial
Source: encyclopedia
Boston Properties BXP
OfficeMulti
Boston Properties premier office
Source: encyclopedia
Boston Properties BXP Class A
OfficeMulti
Boston Properties BXP Class A office
Source: encyclopedia
Brixmor BRX strip
RetailMulti
Brixmor Property Group strip
Source: encyclopedia
Brixmor Property BRX
RetailMulti
Brixmor Property BRX shopping centers
Source: encyclopedia
Broadstone Net Lease BNL
Net LeaseIncome
Broadstone Net Lease
Source: Fool
Camden CPT Sunbelt
ResidentialLong
Camden Property Trust Sunbelt
Source: encyclopedia
Camden Property Trust CPT
ResidentialMulti
Camden Property Trust CPT Sun Belt apartments
Source: encyclopedia
Cold storage Lineage
IndustrialLong
Lineage Inc cold-storage IPO 2024
Source: encyclopedia
Cousins CUZ Sunbelt office
OfficeMulti
Cousins Properties Sunbelt office
Source: encyclopedia
Cousins Properties CUZ
OfficeMulti
Cousins CUZ Sun Belt office
Source: encyclopedia
Crown Castle CCI 40K+ towers
Cell TowersLong
Crown Castle CCI 40K+ towers 90K mi fiber
Source: Fool
CubeSmart CUBE
Self-StorageLong
CubeSmart self-storage
Source: encyclopedia
CubeSmart CUBE
Self StorageMulti
CubeSmart CUBE self-storage
Source: encyclopedia
DLR $6.6B revenue 2026
Data CenterLong
Digital Realty $6.6B revenue 2026
Source: Marketwise
DLR FFO ~$8.00 2026
Data CenterLong
Digital Realty FFO/share $7.90-8.00 2026
Source: Marketwise
DTCR Global X Data Center ETF
Data CenterLong
DTCR Global X Data Centers + Digital Infrastructure ETF
Source: USNews
Data center REITs covered
Data CenterLong
Data center REITs detailed in Infra batch
Source: encyclopedia
Digital Realty DLR top pick
Data CenterLong
Digital Realty DLR Bank of America top pick 2026
Source: Paperfree
EPR Properties EPR experiential
SpecialtyMulti
EPR Properties EPR experiential entertainment
Source: encyclopedia
EQIX 10500+ customers
Data CenterLong
Equinix 10500+ customers
Source: Fool
EQIX 11Y dividend hikes 12%
Data CenterLong
Equinix 11Y dividend increases 12% CAGR
Source: Marketwise
EQIX 2026 AFFO $4.20-4.28B
Data CenterLong
EQIX 2026 AFFO guidance $4.20-4.28B +9-11% YoY
Source: Gotrade
EQIX 270+ centers 77 markets
Data CenterLong
Equinix 270+ DCs 77 markets 6 continents
Source: Marketwise
EQIX 507K interconnections
Data CenterLong
Equinix 507K total interconnections
Source: Fool
EQIX 9-10% rev growth 2026
Data CenterLong
Equinix 9-10% revenue growth 2026
Source: Marketwise
EQIX Q1 2026 $2.44B revenue
Data CenterLong
Equinix Q1 2026 $2.44B revenue +9.8%
Source: Gotrade
EastGroup EGP Sun Belt
IndustrialMulti
EastGroup EGP Sun Belt industrial
Source: encyclopedia
EastGroup EGP Sunbelt
IndustrialLong
EastGroup Sunbelt industrial
Source: encyclopedia
Equinix EQIX largest DC
Data CenterLong
Equinix EQIX largest data center REIT
Source: Marketwise
Equity Lifestyle ELS RV
ResidentialLong
Equity Lifestyle ELS RV + manufactured
Source: encyclopedia
Equity Residential EQR
ResidentialLong
Equity Residential coastal apt
Source: encyclopedia
Equity Residential EQR
ResidentialLong
Equity Residential EQR coastal apartments
Source: encyclopedia
Essential Properties EPRT
Net LeaseIncome
Essential Properties Realty Trust
Source: encyclopedia
Essex Property ESS West Coast
ResidentialMulti
Essex Property ESS West Coast apartments
Source: encyclopedia
Essex Property Trust ESS
ResidentialLong
Essex Property Trust West Coast
Source: USNews
Extra Space EXR
Self-StorageLong
Extra Space Storage second
Source: encyclopedia
Extra Space Storage EXR
Self StorageLong
Extra Space Storage EXR + Life Storage merger
Source: encyclopedia
FFO 3% growth 2025
Industry StatsLong
FFO 3% growth 2025
Source: JPMorgan
FFO 6% growth 2026
Industry StatsLong
FFO 6% growth expected 2026
Source: JPMorgan
Federal Realty FRT
RetailLong
Federal Realty Investment Trust
Source: encyclopedia
Federal Realty FRT King 56Y
RetailLong
Federal Realty FRT Dividend King 56+ years
Source: encyclopedia
First Industrial FR
IndustrialLong
First Industrial Realty Trust
Source: encyclopedia
First Industrial FR Class A
IndustrialMulti
First Industrial FR Class A logistics
Source: encyclopedia
Gaming and Leisure GLPI
SpecialtyLong
Gaming and Leisure Properties GLPI casino
Source: encyclopedia
Global Net Lease GNL
Net LeaseIncome
Global Net Lease - simplified 2025-26
Source: Fool
Healthcare REIT +8.5% YTD May 2026
HealthcareLong
Healthcare REIT +8.5% returns through May 2026
Source: Paperfree
Healthpeak DOC merger
HealthcareLong
Healthpeak medical office
Source: encyclopedia
Healthpeak DOC merger
HealthcareMulti
Healthpeak DOC merger Physicians Realty 2024
Source: encyclopedia
Highwoods HIW Sun Belt
OfficeMulti
Highwoods HIW Sun Belt office
Source: encyclopedia
Highwoods HIW Sunbelt office
OfficeMulti
Highwoods Sunbelt office
Source: encyclopedia
Host Hotels HST largest
HospitalityMulti
Host Hotels HST largest hotel REIT
Source: encyclopedia
Host Hotels HST premium
HotelsMulti
Host Hotels & Resorts upscale
Source: encyclopedia
Hotel revenue plateau lower
HotelsShort
Hotel revenue plateau lower than 2019 (less business travel)
Source: Morningstar
Hyperscaler $700B+ capex 2026
Data CenterLong
Hyperscaler MSFT GOOG META AMZN $700B+ capex 2026
Source: Gotrade
IYR iShares US Real Estate
ETFsMulti
IYR iShares US Real Estate ETF
Source: encyclopedia
Industrial REITs warehouse
IndustrialLong
Industrial - warehouses + distribution
Source: Fool
Inflation hedging mostly 1970s 80s
Inflation HedgeMulti
Inflation hedging mostly 1970s-80s data
Source: Morningstar
Innovative Industrial IIPR
CannabisLong
Innovative Industrial IIPR cannabis sale-leaseback
Source: encyclopedia
InvenTrust IVT
RetailMulti
InvenTrust Properties Sunbelt
Source: encyclopedia
Invitation Homes INVH SFR
ResidentialLong
Invitation Homes INVH single-family rental
Source: encyclopedia
Iron Mountain IRM hybrid
Data CenterMulti
Iron Mountain IRM hybrid storage + DC pivot
Source: Gotrade
Iron Mountain IRM records storage
SpecialtyLong
Iron Mountain IRM records storage + DC
Source: encyclopedia
KBWY KBW Premium Yield
ETFsIncome
KBW Premium Yield - high-yield REIT
Source: encyclopedia
Kilroy Realty KRC West Coast
OfficeMulti
Kilroy Realty KRC West Coast office
Source: encyclopedia
Kimco KIM strip centers
RetailMulti
Kimco Realty strip centers
Source: encyclopedia
Kimco Realty KIM grocery anchor
RetailLong
Kimco Realty KIM grocery-anchored shopping
Source: encyclopedia
LTC Properties LTC
HealthcareLong
LTC Properties senior + skilled
Source: encyclopedia
Lamar Advertising LAMR billboards
SpecialtyMulti
Lamar Advertising LAMR billboards
Source: encyclopedia
Life sciences slowing
HealthcareMulti
Life sciences sector slowing maturity
Source: Morningstar
Macerich MAC malls
RetailMulti
Macerich malls
Source: encyclopedia
Macerich MAC malls
RetailMulti
Macerich MAC luxury malls
Source: encyclopedia
Mag7 capex $430B+ 2026
Data CenterLong
Mag7 capex $430B+ 2026 vs $414B 2025
Source: USNews
Manufactured housing ELS SUI
ResidentialLong
ELS Sun Communities manuf housing
Source: encyclopedia
Medical Properties MPW troubled
HealthcareShort
Medical Properties Trust MPW troubled
Source: encyclopedia
Medical office 2.5% escalators
HealthcareIncome
Medical office 2.5% lease escalators
Source: Morningstar
Mid-America MAA Sun Belt
ResidentialLong
Mid-America MAA Sun Belt apartments
Source: encyclopedia
Mid-America MAA Sunbelt
ResidentialLong
MAA Sunbelt apartments
Source: encyclopedia
National Health Investors NHI
HealthcareLong
National Health Investors
Source: encyclopedia
National Health NHC
HealthcareMulti
National Health Investors NHI healthcare
Source: encyclopedia
National Retail NNN
Net LeaseIncome
National Retail Properties NNN
Source: encyclopedia
National Retail NNN dividend aristocrat
Net LeaseLong
National Retail NNN dividend aristocrat
Source: encyclopedia
National Storage Affiliates NSA
Self-StorageLong
National Storage Affiliates
Source: encyclopedia
National Storage NSA
Self StorageMulti
National Storage Affiliates NSA acquired 2025
Source: encyclopedia
New Lake Capital NLCP
CannabisMulti
New Lake Capital NLCP cannabis
Source: encyclopedia
O 5.2% yield 6% AFFO
RetailLong
Realty Income 5.2% yield 6% AFFO growth
Source: Bullish
Office REITs work-from-home
OfficeMulti
Office REITs - WFH challenged
Source: Fool
Omega Healthcare OHI SNF
HealthcareMulti
Omega Healthcare OHI SNF skilled nursing
Source: encyclopedia
Omega Healthcare OHI nursing
HealthcareLong
Omega Healthcare skilled nursing
Source: encyclopedia
Outfront Media OUT billboards
SpecialtyMulti
Outfront Media OUT billboards
Source: encyclopedia
PLD 1.2B sqft 19 countries
IndustrialLong
Prologis 1.2B sqft 19 countries logistics
Source: Brevitas
PLD ~$98B mkt cap
IndustrialLong
Prologis ~$98B market cap 2025
Source: Brevitas
Park Hotels PK
HotelsMulti
Park Hotels & Resorts
Source: encyclopedia
Park Hotels PK Hilton spinoff
HospitalityMulti
Park Hotels PK Hilton spinoff
Source: encyclopedia
Pebblebrook PEB
HotelsMulti
Pebblebrook Hotel Trust
Source: encyclopedia
Pebblebrook PEB urban
HospitalityMulti
Pebblebrook PEB urban hotels
Source: encyclopedia
PotlatchDeltic PCH
TimberMulti
PotlatchDeltic PCH timber + lumber
Source: encyclopedia
Power constrained pre-leased 2027
Data CenterLong
DC space pre-leased through 2027 power-constrained
Source: Paperfree
Prologis PLD largest
IndustrialLong
Prologis world's largest industrial REIT
Source: Fool
Prologis PLD largest industrial
IndustrialLong
Prologis PLD largest industrial REIT
Source: Brevitas
Public REIT $2.5T assets
Industry StatsLong
Public REITs $2.5T assets
Source: Nareit
Public Storage PSA largest
Self StorageLong
Public Storage PSA largest self-storage
Source: encyclopedia
REET iShares Global REIT
ETFsLong
iShares Global REIT
Source: encyclopedia
REITs poor inflation hedge 2000+
Inflation HedgeMulti
REITs poor inflation hedge since 2000
Source: Morningstar
REITs ~10% commercial RE
Industry StatsLong
REITs own ~10% of US commercial RE
Source: Morningstar
REM iShares Mortgage
ETFsMulti
REM iShares Mortgage REIT ETF mREIT
Source: encyclopedia
Rayonier RYN southern
TimberMulti
Rayonier RYN southern timber
Source: encyclopedia
Realty Income O monthly dividend
Net LeaseIncome
Realty Income "The Monthly Dividend Co"
Source: MoneyGlobe
Realty Income O monthly dividend
RetailLong
Realty Income O monthly dividend retail
Source: Bullish
Regency Centers REG
RetailMulti
Regency Centers REG grocery-anchored
Source: encyclopedia
Regency REG grocery-anchored
RetailLong
Regency Centers grocery-anchored
Source: encyclopedia
Rexford IRT IR West Coast
IndustrialLong
Rexford Industrial - SoCal
Source: encyclopedia
Rexford Industrial REXR
IndustrialLong
Rexford REXR SoCal industrial focus
Source: encyclopedia
SBA Communications SBAC
Cell TowersLong
SBA Communications SBAC 46K+ sites
Source: Fool
SBAC +13% dividend 2026
Cell TowersLong
SBA Communications +13% dividend 2026
Source: Fool
SCHH Schwab US REIT
ETFsMulti
SCHH Schwab US REIT ETF low fee
Source: encyclopedia
SFH Invitation Homes INVH
ResidentialLong
Invitation Homes single-family
Source: encyclopedia
SL Green SLG Manhattan
OfficeMulti
SL Green Realty Manhattan
Source: encyclopedia
SL Green SLG NYC
OfficeMulti
SL Green SLG largest NYC office landlord
Source: encyclopedia
STAG Industrial STAG single tenant
IndustrialLong
STAG Industrial diversified single tenant
Source: encyclopedia
STAG STAG Industrial single-tenant
IndustrialLong
STAG single-tenant industrial
Source: encyclopedia
STORE Capital private 2023
Net LeaseMulti
STORE Capital private GIC Oak Street 2023
Source: encyclopedia
Sabra SBRA Healthcare
HealthcareLong
Sabra Healthcare REIT
Source: encyclopedia
Schwab SCHH low fee
ETFsLong
Schwab US REIT low-cost
Source: MoneyGlobe
Self-storage Public Storage PSA
Self-StorageLong
Public Storage largest self-storage
Source: USNews
Self-storage slow recovery 2026
Self-StorageMulti
Self-storage slow recovery low single digits 2026
Source: JPMorgan
Senior housing rec'd pre-pandemic
HealthcareLong
Senior housing occupancy back to pre-pandemic
Source: Morningstar
Simon Property Group SPG malls
RetailMulti
Simon Property mall king
Source: encyclopedia
Simon Property SPG largest mall
RetailLong
Simon Property SPG largest mall REIT
Source: encyclopedia
Spirit Realty SRC
Net LeaseIncome
Spirit Realty Capital net-lease
Source: encyclopedia
Spirit Realty SRC merger
Net LeaseMulti
Spirit Realty SRC merged Realty Income
Source: encyclopedia
Starwood Property STWD commercial
Mortgage REITsIncome
Starwood Property Trust commercial mREIT
Source: encyclopedia
Starwood STWD commercial mREIT
MortgageMulti
Starwood Property STWD commercial mREIT
Source: encyclopedia
Student housing ACC ACC
ResidentialLong
American Campus Communities student
Source: encyclopedia
Sun Communities SUI manufactured
ResidentialLong
Sun Communities SUI manufactured + RV
Source: encyclopedia
Sunstone SHO
HotelsMulti
Sunstone Hotel Investors
Source: encyclopedia
Tanger Factory Outlet SKT
RetailMulti
Tanger Factory Outlet outlets
Source: encyclopedia
Tanger Factory Outlets SKT
RetailMulti
Tanger Factory Outlets SKT outlet malls
Source: encyclopedia
Terreno Realty TRNO coastal
IndustrialLong
Terreno Realty coastal industrial
Source: encyclopedia
Terreno TRNO coastal
IndustrialMulti
Terreno TRNO coastal markets
Source: encyclopedia
Tower REITs covered
Cell TowersLong
Tower REITs - AMT CCI SBAC covered in Infra batch
Source: encyclopedia
Two Harbors TWO
MortgageMulti
Two Harbors TWO mREIT
Source: encyclopedia
UDR Inc UDR diversified
ResidentialMulti
UDR Inc diversified apartments
Source: encyclopedia
UDR UDR Apartments
ResidentialLong
UDR Apartments diversified
Source: encyclopedia
US REIT $4.5T gross assets
Industry StatsLong
US REITs $4.5T gross assets
Source: Nareit
VICI Properties VICI gaming
SpecialtyLong
VICI Properties VICI gaming + leisure REIT
Source: encyclopedia
VNQ Vanguard REIT largest
ETFsLong
VNQ Vanguard Real Estate ETF largest
Source: encyclopedia
VNQI Vanguard intl REIT
ETFsMulti
VNQI Vanguard Global ex-US Real Estate ETF
Source: encyclopedia
VNQI international ex-US
ETFsLong
Vanguard Global ex-US REIT
Source: encyclopedia
Vacancy peak late 2025/early 2026
OfficeMulti
Office vacancy peak inflection
Source: JPMorgan
Vanguard VNQ broad
ETFsLong
Vanguard Real Estate VNQ $35B AUM
Source: Fool
Ventas VTR senior + medical
HealthcareLong
Ventas senior + medical
Source: encyclopedia
Ventas VTR senior diversified
HealthcareLong
Ventas VTR senior + medical diversified
Source: encyclopedia
Vornado VNO Manhattan
OfficeMulti
Vornado NYC office
Source: encyclopedia
Vornado VNO NYC office
OfficeMulti
Vornado VNO NYC office
Source: encyclopedia
W.P. Carey WPC
Net LeaseLong
W.P. Carey WPC diversified net lease
Source: encyclopedia
WELL 1600+ properties
HealthcareLong
Welltower 1600+ properties demographic tailwind
Source: Bullish
WP Carey WPC diversified
Net LeaseIncome
WP Carey diversified net-lease
Source: Fool
Welltower WELL senior housing
HealthcareLong
Welltower senior housing healthcare
Source: Fool
Welltower WELL senior housing
HealthcareLong
Welltower WELL senior housing #1
Source: Bullish
Weyerhaeuser WY largest
TimberLong
Weyerhaeuser WY largest timber REIT
Source: encyclopedia
XLRE Real Estate Sector SPDR
ETFsLong
XLRE Real Estate Select Sector SPDR
Source: Fool
iShares IYR domestic
ETFsLong
iShares US Real Estate IYR
Source: Fool
An encyclopedia of publicly documented strategies for education. YCAI does not recommend, endorse, or trade any of these. Not investment advice.