Gladstone Commercial Corporation (GOOD) has sold two medical office properties in Atlanta, demonstrating its commitment to shifting its portfolio towards industrial real estate. This move comes as the company sees strong demand in the industrial sector and aims to capitalize on the robust growth potential. Gladstone Commercial’s recent acquisition of a large industrial facility and continued high occupancy rate further reinforce its focus on industrial assets.
Braemar Hotels & Resorts Inc. has announced a series of quarterly and monthly cash dividends for the third quarter ending September 30, 2024. This includes a $0.05 per share dividend for common stock and dividends for both Series E and Series M Redeemable Preferred Stock.
Xenia Hotels & Resorts, a REIT specializing in luxury and upper upscale hotels, has sold the 107-room Lorien Hotel & Spa in Alexandria, VA for $30 million. The company plans to use the proceeds for general corporate activities, including potential share buybacks, debt repayment, capital expenditures, and acquisitions.
While direct exchange into a REIT disqualifies tax deferral, UPREITs (721 exchanges) and Delaware statutory trusts (DSTs) provide alternative vehicles that allow investors to delay tax obligations while investing in institutional-quality real estate assets. UPREITs offer scalability and professional management access, while DSTs provide more tailored exposure and direct ownership of tangible assets. Both structures enable fractionalized sale, lower investment minimums, and property management simplicity, making them attractive options for 1031 exchanges and managing legacy investment capital gains.
Arrived Single Family Rental Fund, launched by Amazon founder Jeff Bezos-backed Arrived Homes, has acquired five rental properties to enhance investor diversification. The REIT, designed for future-oriented investments, offers transparency and market coverage. Its latest additions include homes in Salt Lake City, Fayetteville, and Huntsville, with anticipated monthly income ranging from $1,695 to $2,395. Investors have access to individual offerings, which allow for investments as low as $100. The fund provides a higher average annualized dividend yield of 4.2% compared to traditional REITs and market indices, making it an attractive option for real estate investments.
Prologis, a leading industrial real estate investment trust (REIT), remains an attractive long-term investment despite current economic headwinds. Its robust portfolio, steady performance, and strong financial position position it for a significant rebound in the years ahead. While the company faces near-term challenges such as leasing slowdown and interest rate volatility, its stability and discounted valuation offer a compelling opportunity for investors. Despite adjustments in full-year guidance, macro trends suggest a gradual recovery with sustainable growth ahead. Hence, in turbulent times, consider owning PLD for its long-term potential and dividend yield.
Franklin Street Properties (FSP), a REIT focused on U.S. office properties, has recently experienced a decline in stock price, making it an attractive investment opportunity. Despite this decline, the company continues to execute on its plan of debt reduction and property disposals, resulting in a healthier financial position with reduced debt service obligations. The recent debt amendment provides the company with a two-year maturity extension, freeing up cash flow for operations and debt reduction.
Mizhuo Securities USA analyst Vikram Malhotra has resumed coverage of Healthpeak Properties (DOC) with a Buy rating, citing an attractive entry point and three drivers for multiple re-rating: asset sales and share buybacks, life science fundamentals inflection, and growth from medical office buildings and merger synergies.
Four Corners Property Trust (FCPT) is a diversified REIT focused on owning net-leased restaurants, medical and dental services, automotive services, and other retail properties in the U.S. Sun Belt. The company has been steadily growing its revenue and earnings while maintaining a high dividend yield. Recent positive fourth-quarter operating results and a strategic acquisition further strengthen its position. This makes FCPT an attractive option for investors seeking passive income and long-term appreciation potential.
