Announcements


Global Net Lease to Acquire Modiv Industrial

2026-05-04 - Global Net Lease GNL has agreed to acquire Modiv Industrial MDV in an all-stock deal valued at approximately $535 million. Modiv shareholders will receive 1.975 GNL shares for each MDV share, resulting in a 25% increase in expected annual dividends. The merger, expected to close in the third quarter of 2026, will expand GNL’s industrial portfolio while Modiv’s MDV ticker will be delisted. Learn more.


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Welcome to REITNotes™


Since 2017, we’ve been making REIT investing more transparent, data-driven, and accessible. Here, you can explore, compare, and follow the companies shaping skylines, creating value, and redefining how people invest in real estate.

What’s a REIT? Real Estate Investment Trusts (REITs) are companies that own, operate, or finance income-producing properties—like shopping malls, office towers, apartments, warehouses, and hotels—allowing investors to earn income from real estate without owning property directly. By law, most REITs distribute at least 90% of their taxable income as dividends, turning rent checks into potential returns for shareholders.

We believe REITs are one of the most powerful wealth-building innovations since the stock market itself. We’re not financial advisors—just investors who believe deeply in this industry and, together with our partners at Sanner Corp™, are on a mission to build one of the largest REIT holdings ever assembled.

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Co-Founder, REITNotes™


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REITNotes™ at a Glance


US Public REITs US Public, Non-Listed REITs US Equity REITs US Mortgage REITs US ETF REITs Global REITs Total REITs
257 116 282 46 44 473 847

Last updated: 2026-05-06 - v3.8