REITList is a list of US Publicly Traded and Public, Non-Listed Real Estate Investment Trusts tracked on REITNotes™. Filter REITs by sector, listing, type and more. See REITGlobe for list of US and international REITs. For additional data points and features please use REITAnalytics™.
| Symbol | Name | RR* | Exchange | Founded | Type | Listing | Primary Sector | Market Cap | Dividend Yield | Annualized Dividend | Dividend Yield (TTM) | Annualized Dividend (TTM) | Dividend Date | Ex-Dividend Date | Dividend per Share | EPS | EBITDA | 52 Week High | 52 Week Low | 50 Day Moving Average | 200 Day Moving Average | P/E Ratio | PEG Ratio | Book Value | Trailing P/E | Forward P/E | Price to Sales Ratio TTM | Price to Book Ratio | EV to Revenue | EV to EBITDA | Beta | Revenue per Share TTM | Profit Margin | Operating Margin TTM | Return on Assets TTM | Return on Equity TTM | Revenue TTM | Gross Profit TTM | Diluted EPS TTM | Quarterly Earnings Growth YOY | Quarterly Revenue Growth YOY | Shares Outstanding | Fiscal Year End | Latest Quarter |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AAT | American Assets Trust, Inc. | 7.5 | NYSE | 1967 | Equity REIT | Public | Office | $1,456,639,000 | 7.19% | $1.36 | 7.10% | $1.35 | 2025-03-20 | 2025-03-06 | $1.34 | $0.94 | $251,977,000 | $28.36 | $16.69 | $20.73 | $24.74 | 20.040 | 21.850 | 19.230 | 20.040 | N/A | 3.25 | 0.990 | 6.05 | 10.12x | 1.150 | $7.51 | 12.50% | 27.60% | 2.58% | 6.40% | $453,339,000 | $293,182,000 | $0.94 | -14.60% | -2.10% | 61,135,000 | December | 2024-12-31 |
| ABR | Arbor Realty Trust, Inc. | 6.8 | NYSE | 2003 | Mortgage REIT | Public | Mortgage | $2,090,240,000 | 15.60% | $1.72 | 15.60% | $1.72 | 2025-03-21 | 2025-03-07 | $1.72 | $1.18 | N/A | $14.94 | $9.66 | $12.17 | $13.68 | 9.350 | 1.200 | 12.630 | 9.350 | N/A | 3.33 | 0.874 | 15.79 | N/A | 1.615 | $3.33 | 42.20% | 48.20% | 1.94% | 8.90% | $627,518,000 | $565,193,000 | $1.18 | -33.70% | -12.10% | 189,505,000 | December | 2024-12-31 |
| ACRE | Ares Commercial Real Estate Corp | 4.2 | NYSE | 2011 | Mortgage REIT | Public | Mortgage | $197,485,000 | 16.70% | $0.60 | 25.00% | $0.90 | 2025-04-15 | 2025-03-31 | $1.00 | $-0.64 | N/A | $7.16 | $3.35 | $4.70 | $6.26 | N/A | 2.570 | 9.910 | N/A | 7.340 | 2.25 | 0.366 | 189.67 | N/A | 1.284 | $1.61 | -39.90% | 39.60% | -1.74% | -6.00% | $87,802,000 | $87,802,000 | $-0.64 | 1,598.00% | -55.50% | 54,857,000 | December | 2024-12-31 |
| ADC | Agree Realty Corp. | 8.4 | NYSE | 1971 | Equity REIT | Public | Retail | $8,513,686,000 | 3.89% | $1.02 | 1.30% | $1.02 | 2025-05-14 | 2025-04-30 | $3.00 | $1.78 | $536,065,000 | $79.61 | $53.93 | $74.62 | $73.04 | 44.410 | -28.740 | 49.850 | 44.410 | 45.660 | 13.80 | 1.591 | 18.61 | 21.14x | 0.563 | $6.10 | 30.70% | 46.60% | 2.29% | 3.60% | $617,095,000 | $542,246,000 | $1.78 | -6.10% | 11.50% | 107,353,000 | December | 2024-12-31 |
| AGNC | AGNC Investment Corp. | 3.0 | NASDAQ | 2008 | Mortgage REIT | Public | Mortgage | $7,898,814,000 | 17.30% | $0.48 | 5.80% | $0.48 | 2025-05-09 | 2025-04-30 | $1.44 | $0.93 | N/A | $10.40 | $7.77 | $9.86 | $9.90 | 8.970 | 17.550 | 9.060 | 8.970 | 5.030 | 8.12 | 0.967 | N/A | N/A | 1.310 | $1.24 | 88.70% | 79.20% | 1.08% | 9.60% | $973,000,000 | $973,000,000 | $0.93 | -83.20% | -65.00% | 947,100,000 | December | 2024-12-31 |
| AHH | Armada Hoffler Properties, Inc. | 7.4 | NYSE | 1979 | Equity REIT | Public | Office | $664,660,000 | 8.54% | $0.56 | 11.10% | $0.76 | 2025-04-03 | 2025-03-26 | $0.82 | $0.35 | $171,634,000 | $11.79 | $6.10 | $8.17 | $10.33 | 19.490 | 6.940 | 6.270 | 19.490 | 39.530 | 0.94 | 1.091 | 2.92 | 9.75x | 0.924 | $10.03 | 5.00% | 13.00% | 2.14% | 5.00% | $708,715,000 | $198,164,000 | $0.35 | -96.70% | -25.20% | 79,919,000 | December | 2024-12-31 |
| BHR | Braemar Hotels & Resorts, Inc | 5.7 | NYSE | 2014 | Equity REIT | Public | Hotel | $147,579,000 | 10.30% | $0.20 | 10.50% | $0.20 | 2025-07-15 | 2025-06-30 | $0.20 | $-0.77 | $137,712,000 | $3.76 | $1.83 | $2.61 | $2.99 | N/A | N/A | 3.614 | N/A | 21.280 | 0.20 | 0.543 | 1.68 | 5.38x | 1.613 | $10.93 | -0.20% | 1.40% | 1.12% | 2.60% | $726,796,000 | $189,058,000 | $-0.77 | 1.10% | -3.10% | 67,046,000 | December | 2024-12-31 |
| AHT | Ashford Hospitality Trust, Inc. | 2.4 | NYSE | 1968 | Equity REIT | Public | Hotel | $36,160,500 | N/A | $0.24 | 4.90% | $0.30 | 2020-07-16 | 2019-12-30 | N/A | $-17.54 | $207,240,000 | $13.85 | $5.20 | $7.43 | $8.20 | N/A | -1.280 | -74.390 | N/A | 1.688 | 0.03 | 0.324 | 2.38 | 6.83x | 2.146 | $248.64 | -5.20% | -0.60% | 1.03% | -2,260.00% | $1,170,089,000 | $242,424,000 | $-17.54 | N/A | -14.30% | 5,775,200 | December | 2024-12-31 |
| AIV | Apartment Investment & Management Co. (Aimco) | 6.7 | NYSE | 1994 | Equity REIT | Public | Residential | $1,111,609,000 | N/A | $2.40 | 23.60% | $1.85 | 2025-01-31 | 2025-01-14 | N/A | $-0.75 | $84,858,000 | $9.29 | $6.89 | $8.61 | $8.75 | N/A | 839.320 | 0.902 | N/A | 714.290 | 5.33 | 8.860 | 10.26 | 43.37x | 1.426 | $1.51 | -49.10% | 0.20% | -0.05% | -21.20% | $208,679,000 | $117,695,000 | $-0.75 | -63.20% | 9.80% | 141,968,000 | December | 2024-12-31 |
| AKR | Acadia Realty Trust | 7.7 | NYSE | 1964 | Equity REIT | Public | Retail | $2,582,309,000 | 4.02% | $0.80 | 3.80% | $0.76 | 2025-04-15 | 2025-03-31 | $0.74 | $0.19 | $223,232,000 | $25.83 | $15.56 | $21.59 | $22.61 | 104.840 | 22.040 | 17.260 | 104.840 | 64.100 | 6.87 | 1.155 | 11.20 | 16.80x | 1.260 | $3.47 | 5.80% | 19.30% | 1.22% | 0.40% | $375,840,000 | $263,791,000 | $0.19 | -88.90% | 10.00% | 119,773,000 | December | 2024-12-31 |
| ALX | Alexander's Inc. | 5.1 | NYSE | 1955 | Equity REIT | Public | Office | $1,030,906,000 | 9.05% | $18.00 | 8.90% | $18.00 | 2025-02-28 | 2025-02-18 | $18.00 | $8.46 | $116,615,000 | $241.33 | $180.70 | $207.50 | $217.61 | 23.860 | N/A | 34.630 | 23.860 | N/A | 4.55 | 5.740 | 7.86 | 12.35x | 0.792 | $44.11 | 19.20% | 33.00% | 3.73% | 21.00% | $226,374,000 | $123,134,000 | $8.46 | -24.70% | -11.20% | 5,107,300 | December | 2024-12-31 |
| AMH | AMH | 8.7 | NYSE | 2012 | Equity REIT | Public | Single Family Homes | $15,322,886,000 | 3.26% | $1.20 | 2.90% | $1.08 | 2025-03-31 | 2025-03-14 | $1.04 | $1.08 | $874,311,000 | $40.77 | $31.68 | $35.95 | $37.03 | 34.130 | 29.820 | 19.370 | 34.130 | 47.620 | 8.86 | 1.906 | 10.69 | 16.63x | 0.743 | $4.71 | 23.90% | 24.40% | 1.92% | 6.00% | $1,728,697,000 | $961,301,000 | $1.08 | 56.80% | 6.80% | 369,525,000 | December | 2024-12-31 |
| AMT | American Tower Corp | 7.7 | NYSE | 1995 | Equity REIT | Public | Infrastructure | $104,231,158,000 | 3.12% | $6.80 | 2.90% | $6.56 | 2025-04-28 | 2025-04-11 | $6.48 | $6.90 | $6,637,400,000 | $237.72 | $165.00 | $206.34 | $209.04 | 32.270 | 1.328 | 7.240 | 32.270 | 33.780 | 10.29 | 30.170 | 14.22 | 20.13x | 0.878 | $21.68 | 22.30% | 46.00% | 4.53% | 31.80% | $10,127,200,000 | $7,552,800,000 | $6.90 | 1,339.00% | -8.60% | 468,118,000 | December | 2024-12-31 |
| APLE | Apple Hospitality REIT, Inc. | 8.2 | NYSE | 2007 | Equity REIT | Public | Hotel | $2,837,633,000 | 8.08% | $0.32 | 3.10% | $0.37 | 2025-04-15 | 2025-04-30 | $0.96 | $0.89 | $467,081,000 | $16.02 | $10.44 | $13.61 | $14.66 | 13.350 | N/A | 13.620 | 13.350 | 14.860 | 1.98 | 0.869 | 3.08 | 9.12x | 1.010 | $5.93 | 14.90% | 14.60% | 3.48% | 6.50% | $1,431,468,000 | $636,153,000 | $0.89 | 37.60% | 6.60% | 238,858,000 | December | 2024-12-31 |
| ARE | Alexandria Real Estate Equities, Inc. | 8.4 | NYSE | 1993 | Equity REIT | Public | Office | $13,465,463,000 | 6.78% | $5.28 | 6.70% | $5.24 | 2025-04-15 | 2025-03-31 | $5.19 | $1.80 | $1,960,150,000 | $125.25 | $71.57 | $93.36 | $107.27 | 43.240 | 844.200 | 103.880 | 43.240 | 16.690 | 4.31 | 0.753 | 8.42 | 13.52x | 1.267 | $18.15 | 10.30% | 24.20% | 1.42% | 2.30% | $3,123,453,000 | $2,214,188,000 | $1.80 | 648.00% | 5.00% | 172,989,000 | December | 2024-12-31 |
| ARI | Apollo Commercial Real Estate Finance, Inc. | 4.4 | NYSE | 1990 | Mortgage REIT | Public | Mortgage | $1,159,573,000 | 12.20% | $1.00 | 13.20% | $1.10 | 2025-04-15 | 2025-03-31 | $1.20 | $-0.97 | N/A | $10.32 | $7.70 | $9.54 | $9.50 | N/A | 33.370 | 13.570 | N/A | 15.530 | 7.84 | 0.605 | 38.46 | N/A | 1.476 | $1.06 | -80.90% | 46.30% | -1.35% | -5.90% | $147,887,000 | $66,204,000 | $-0.97 | -9.70% | -15.60% | 138,871,000 | December | 2024-12-31 |
| ARR | Armour Residential REIT Inc. | 6.5 | NYSE | 2008 | Mortgage REIT | Public | Mortgage | $1,143,542,000 | 20.10% | $0.96 | 6.70% | $0.96 | 2025-04-29 | 2025-04-15 | $2.88 | $-0.51 | N/A | $19.51 | $12.96 | $17.68 | $19.13 | N/A | -1.310 | 21.810 | N/A | 5.910 | 29.13 | 0.821 | 7.29 | 10.31x | 1.239 | $0.75 | -36.70% | 132.90% | -0.11% | -1.10% | $39,256,000 | $39,256,000 | $-0.51 | 57.10% | 126.10% | 79,968,000 | December | 2024-12-31 |
| AVB | AvalonBay Communities, Inc. | 8.5 | NYSE | 1978 | Equity REIT | Public | Residential | $28,955,007,000 | 3.44% | $7.00 | 3.40% | $6.85 | 2025-04-15 | 2025-03-31 | $6.80 | $7.61 | $1,813,285,000 | $235.49 | $178.16 | $212.54 | $218.45 | 26.730 | 6.760 | 84.050 | 26.730 | 36.630 | 9.77 | 2.385 | 12.57 | 16.99x | 0.874 | $20.88 | 36.50% | 31.50% | 2.90% | 9.10% | $2,964,439,000 | $1,890,982,000 | $7.61 | 16.30% | 5.40% | 142,369,000 | December | 2024-12-31 |
| BDN | Brandywine Realty Trust | 5.7 | NYSE | 1986 | Equity REIT | Public | Office | $654,087,000 | 16.10% | $0.60 | 15.90% | $0.60 | 2025-04-17 | 2025-04-03 | $0.60 | $-1.16 | $62,303,000 | $6.15 | $3.41 | $4.53 | $5.09 | N/A | 14.940 | 6.010 | N/A | 5.710 | 2.08 | 0.620 | 5.52 | 27.09x | 1.302 | $1.82 | -62.40% | -21.10% | -1.63% | -16.60% | $313,998,000 | $126,668,000 | $-1.16 | 551.00% | 9.20% | 173,039,000 | December | 2024-12-31 |
| BFS | Saul Centers, Inc. | 6.9 | NYSE | 1993 | Equity REIT | Public | Shopping Centers | $1,133,125,000 | 7.21% | $2.36 | 7.10% | $2.36 | 2025-04-30 | 2025-04-15 | $2.36 | $1.63 | $167,620,000 | $40.98 | $31.03 | $35.80 | $38.44 | 20.320 | N/A | 6.200 | 20.320 | N/A | 4.22 | 5.260 | 9.30 | 14.73x | 0.960 | $11.14 | 18.80% | 39.90% | 3.68% | 13.50% | $268,847,000 | $196,786,000 | $1.63 | -51.00% | 1.90% | 24,200,800 | December | 2024-12-31 |
| BRX | Brixmor Property Group, Inc. | 8.0 | NYSE | 1985 | Equity REIT | Public | Shopping Centers | $7,816,262,000 | 4.50% | $1.15 | 4.40% | $1.12 | 2025-04-15 | 2025-04-02 | $1.11 | $1.11 | $840,408,000 | $30.02 | $20.42 | $26.23 | $26.81 | 23.010 | 1.680 | 9.770 | 23.010 | 30.030 | 6.08 | 2.620 | 9.93 | 13.62x | 1.275 | $4.24 | 26.40% | 33.10% | 3.41% | 11.60% | $1,285,054,000 | $967,938,000 | $1.11 | 12.60% | 3.80% | 306,040,000 | December | 2024-12-31 |
| BXMT | Blackstone Mortgage Trust, Inc. | 4.6 | NYSE | 1966 | Mortgage REIT | Public | Mortgage | $3,148,769,000 | 10.20% | $1.88 | 11.10% | $2.03 | 2025-04-15 | 2025-03-31 | $2.18 | $-1.17 | N/A | $20.73 | $14.95 | $19.72 | $18.70 | N/A | 254.800 | 21.650 | N/A | 57.140 | 7.70 | 0.831 | 38.28 | N/A | 1.267 | $-0.27 | N/A | 46.90% | -0.92% | -4.90% | $-46,690,000 | $-46,690,000 | $-1.17 | -71.10% | 145.00% | 171,595,000 | December | 2024-12-31 |
| BXP | Boston Properties | 6.4 | NYSE | 1970 | Equity REIT | Public | Office | $11,124,894,000 | 6.14% | $3.92 | 6.10% | $3.92 | 2025-04-30 | 2025-03-31 | $3.92 | $0.09 | $1,896,613,000 | $87.63 | $53.37 | $67.17 | $73.65 | 709.780 | 0.357 | 34.220 | 709.780 | 36.230 | 3.29 | 1.868 | 7.58 | 15.97x | 1.083 | $21.47 | 0.40% | 30.50% | 2.42% | 1.00% | $3,380,319,000 | $2,056,596,000 | $0.09 | -23.20% | 4.50% | 158,323,000 | December | 2024-12-31 |
| CBL | CBL Properties | 5.9 | NYSE | 1961 | Equity REIT | Public | Shopping Centers | $723,281,000 | 6.84% | $4.80 | 10.30% | $2.40 | 2025-03-31 | 2025-03-13 | $1.60 | $1.87 | $288,594,000 | $32.13 | $19.06 | $28.00 | $27.44 | 12.500 | N/A | 10.540 | 12.500 | N/A | 1.40 | 2.236 | 5.14 | 7.19x | 1.556 | $16.68 | 11.40% | 30.20% | 3.21% | 17.70% | $515,561,000 | $340,412,000 | $1.87 | 243.90% | -5.70% | 30,935,900 | December | 2024-12-31 |
| CIM | Chimera Investment Corporation | 5.3 | NYSE | 2007 | Mortgage REIT | Public | Mortgage | $921,708,000 | 13.00% | $1.48 | 12.80% | $1.46 | 2025-04-30 | 2025-03-31 | $1.42 | $1.10 | N/A | $15.61 | $9.85 | $13.30 | $14.49 | 10.350 | -28.140 | 31.210 | 10.350 | 6.330 | 3.32 | 0.353 | 42.28 | N/A | 1.556 | $3.43 | 63.40% | 128.20% | 1.35% | 6.90% | $277,886,000 | $248,091,000 | $1.10 | 80.00% | 590.00% | 80,923,000 | December | 2024-12-31 |
| CIO | City Office REIT Inc | 5.5 | NYSE | 2013 | Equity REIT | Public | Office | $196,141,000 | 8.23% | $0.40 | 8.20% | $0.40 | 2025-04-24 | 2025-04-10 | $0.40 | $-0.63 | $86,341,000 | $6.12 | $4.14 | $4.99 | $5.39 | N/A | -7.880 | 15.490 | N/A | 384.620 | 1.15 | 0.315 | 5.47 | 12.46x | 1.825 | $4.26 | -10.30% | 16.00% | 1.14% | -2.30% | $171,126,000 | $101,666,000 | $-0.63 | -52.30% | -5.40% | 40,358,200 | December | 2024-12-31 |
| CLDT | Chatham Lodging Trust | 6.6 | NYSE | 2009 | Equity REIT | Public | Hotel | $348,722,000 | 5.23% | $0.36 | 4.40% | $0.30 | 2025-04-15 | 2025-03-31 | $0.28 | $-0.08 | $92,586,000 | $9.80 | $5.83 | $7.68 | $8.43 | N/A | 3.130 | 15.500 | N/A | 238.100 | 1.10 | 0.445 | 2.35 | 7.90x | 1.502 | $6.46 | 1.30% | 5.80% | 1.54% | 0.50% | $316,104,000 | $150,974,000 | $-0.08 | -58.10% | 3.90% | 48,982,500 | December | 2024-12-31 |
| CMCT | CIM Commercial Trust Corp | 5.7 | NASDAQ | 1993 | Equity REIT | Public | Office | $3,388,200 | 209.70% | $0.34 | 7.60% | $0.34 | 2024-10-08 | 2024-09-25 | $41.66 | $-430.25 | $42,456,000 | $896.35 | $4.28 | $11.72 | $24.07 | N/A | N/A | -15.850 | N/A | 5.590 | 0.03 | 2.346 | 6.60 | 20.72x | 0.640 | $725.80 | -20.30% | 1.10% | 1.03% | -7.30% | $123,706,000 | $53,947,000 | $-430.25 | N/A | -3.20% | 754,610 | December | 2024-12-31 |
| CPT | Camden Property Trust | 8.4 | NYSE | 1993 | Equity REIT | Public | Residential | $12,215,951,000 | 3.81% | $4.20 | 3.70% | $4.14 | 2025-04-17 | 2025-03-31 | $4.12 | $1.53 | $883,698,000 | $125.46 | $92.67 | $118.55 | $118.20 | 73.390 | 8.960 | 43.030 | 73.390 | 72.990 | 7.85 | 2.613 | 10.16 | 17.71x | 0.809 | $14.34 | 10.50% | 18.70% | 2.07% | 3.50% | $1,555,399,000 | $956,063,000 | $1.53 | -81.70% | -0.30% | 108,799,000 | December | 2024-12-31 |
| CTRE | CareTrust REIT, Inc. | 9.2 | NASDAQ | 2013 | Equity REIT | Public | Healthcare | $5,395,282,000 | 4.68% | $1.34 | 4.20% | $1.21 | 2025-04-15 | 2025-03-31 | $1.16 | $0.81 | $246,127,000 | $32.41 | $22.27 | $27.23 | $28.37 | 35.490 | 1.260 | 15.550 | 35.490 | 12.970 | 18.21 | 1.855 | 24.44 | 26.37x | 0.914 | $1.91 | 42.20% | 62.10% | 4.35% | 5.70% | $296,286,000 | $277,834,000 | $0.81 | 32.20% | 45.60% | 187,662,000 | December | 2024-12-31 |
| CUBE | CubeSmart | 8.5 | NYSE | 2004 | Equity REIT | Public | Self Storage | $9,106,165,000 | 5.26% | $2.08 | 5.20% | $2.06 | 2025-04-15 | 2025-04-01 | $2.05 | $1.72 | $691,317,000 | $53.30 | $34.24 | $41.20 | $46.07 | 23.010 | 6.310 | 12.610 | 23.010 | 24.040 | 8.52 | 3.067 | 11.06 | 17.02x | 0.861 | $4.72 | 36.60% | 46.50% | 4.81% | 13.40% | $1,068,730,000 | $776,980,000 | $1.72 | -12.00% | 0.70% | 228,933,000 | December | 2024-12-31 |
| CUZ | Cousins Properties | 7.6 | NYSE | 1958 | Equity REIT | Public | Office | $4,513,421,000 | 4.78% | $1.28 | 4.80% | $1.28 | 2025-04-15 | 2025-04-03 | $1.28 | $0.30 | $529,641,000 | $31.86 | $21.01 | $29.02 | $29.04 | 89.600 | N/A | 28.910 | 89.600 | N/A | 5.29 | 0.931 | 8.93 | 14.33x | 1.228 | $5.57 | 5.40% | 21.20% | 1.30% | 1.00% | $853,962,000 | $573,301,000 | $0.30 | -30.20% | 13.20% | 167,910,000 | December | 2024-12-31 |
| CXW | Corrections Corp of America (CoreCivic) | 6.3 | NYSE | 1983 | Equity REIT | Public | Correctional Facility | $2,427,953,000 | N/A | $1.76 | 7.90% | $1.76 | 2020-04-15 | 2020-03-31 | N/A | $0.62 | $316,208,000 | $24.99 | $10.74 | $19.65 | $17.44 | 35.820 | 1.440 | 13.590 | 35.820 | 35.460 | 1.24 | 1.607 | 1.69 | 11.50x | 0.858 | $17.68 | 3.50% | 8.00% | 3.90% | 4.60% | $1,961,646,000 | $468,289,000 | $0.62 | -23.90% | -2.40% | 109,318,000 | December | 2024-12-31 |
| DEA | Easterly Government Properties, Inc. | 7.0 | NYSE | 2014 | Equity REIT | Public | Office | $888,404,000 | 8.82% | $0.72 | 11.90% | $0.98 | 2025-05-17 | 2025-05-05 | $1.06 | $0.18 | $177,238,000 | $13.89 | $7.79 | $10.35 | $12.19 | 45.330 | N/A | 12.240 | 45.330 | 32.470 | 2.87 | 0.664 | 8.13 | 13.70x | 0.844 | $2.98 | 6.40% | 28.50% | 1.70% | 1.50% | $308,103,000 | $205,150,000 | $0.18 | 23.00% | 8.10% | 107,971,000 | December | 2024-12-31 |
| DEI | Douglas Emmett, Inc. | 5.7 | NYSE | 1971 | Equity REIT | Public | Office | $2,729,015,000 | 5.52% | $0.76 | 5.40% | $0.76 | 2025-04-15 | 2025-03-31 | $0.76 | $0.13 | $585,434,000 | $20.05 | $12.22 | $15.95 | $16.86 | 107.620 | 9.090 | 12.290 | 107.620 | 9.000 | 2.76 | 1.138 | 7.51 | 11.93x | 1.115 | $5.91 | 2.40% | 19.80% | 1.37% | 0.20% | $989,071,000 | $638,813,000 | $0.13 | -50.40% | 10.60% | 167,446,000 | December | 2024-12-31 |
| DLR | Digital Realty Trust | 7.8 | NYSE | 2004 | Equity REIT | Public | Data Centers | $50,808,480,000 | 3.24% | $4.88 | 3.20% | $4.88 | 2025-03-31 | 2025-03-14 | $4.88 | $1.61 | $2,413,809,000 | $195.06 | $129.95 | $152.79 | $163.23 | 93.630 | 2.324 | 61.220 | 93.630 | 82.640 | 9.35 | 2.463 | 11.82 | 22.89x | 0.940 | $16.81 | 11.10% | 16.10% | 0.89% | 2.70% | $5,434,830,000 | $2,915,715,000 | $1.61 | 1,487.00% | 4.50% | 336,749,000 | December | 2024-12-31 |
| DOC | Healthpeak Properties, Inc. | 7.2 | NYSE | 2013 | Equity REIT | Public | Healthcare | $13,098,674,000 | 6.51% | $0.41 | 3.30% | $0.61 | 2025-06-27 | 2025-05-19 | $1.20 | $0.36 | $1,456,178,000 | $22.57 | $16.81 | $19.76 | $21.02 | 52.080 | 5.070 | 12.010 | 52.080 | 84.750 | 4.85 | 1.545 | 8.10 | 13.59x | 0.994 | $4.00 | 9.00% | 17.30% | 1.61% | 3.40% | $2,700,449,000 | $1,623,234,000 | $0.36 | -95.10% | 26.10% | 698,596,000 | December | 2024-12-31 |
| DRH | DiamondRock Hospitality Co. | 6.9 | NYSE | 2004 | Equity REIT | Public | Hotel | $1,455,162,000 | 5.31% | $0.32 | 5.30% | $0.37 | 2025-04-11 | 2025-03-28 | $0.12 | $0.18 | $277,621,000 | $9.65 | $6.18 | $7.91 | $8.57 | 38.720 | -2.540 | 7.660 | 38.720 | 13.640 | 1.29 | 0.895 | 2.23 | 11.02x | 1.398 | $5.37 | 4.30% | 13.30% | 3.23% | 3.00% | $1,129,883,000 | $311,638,000 | $0.18 | -6.30% | 5.90% | 208,775,000 | December | 2024-12-31 |
| DX | Dynex Capital, Inc. | 4.7 | NYSE | 1987 | Mortgage REIT | Public | Mortgage | $1,122,679,000 | 17.50% | $0.68 | 5.50% | $0.64 | 2025-05-01 | 2025-04-23 | $1.58 | $1.49 | N/A | $14.34 | $10.06 | $13.35 | $12.68 | 7.830 | -1.310 | 12.750 | 7.830 | 6.940 | 7.46 | 1.035 | 8.13 | N/A | 1.126 | $2.13 | 75.70% | 84.70% | 1.57% | 11.10% | $150,396,000 | $150,396,000 | $1.49 | 52.80% | 82.20% | 96,202,000 | December | 2024-12-31 |
| EARN | Ellington Residential Mortgage REIT | 4.2 | NYSE | 2012 | Mortgage REIT | Public | Mortgage | $193,430,000 | 18.60% | $0.32 | 6.00% | $0.32 | 2025-05-27 | 2025-04-30 | $0.96 | $0.29 | N/A | $6.65 | $4.33 | $5.90 | $6.56 | 18.410 | -1.790 | 6.530 | 18.410 | 4.697 | 4.69 | 1.035 | 11.18 | N/A | 1.773 | $1.75 | 16.00% | 92.20% | 0.74% | 4.00% | $41,240,000 | $41,240,000 | $0.29 | 18.50% | -77.60% | N/A | December | 2024-12-31 |
| EGP | EastGroup Properties, Inc. | 9.1 | NYSE | 1969 | Equity REIT | Public | Industrial | $8,357,237,000 | 3.54% | $5.60 | 3.40% | $5.47 | 2025-04-15 | 2025-03-31 | $5.34 | $4.66 | $414,472,000 | $188.01 | $137.67 | $174.50 | $176.05 | 34.310 | 5.780 | 63.630 | 34.310 | N/A | 13.09 | 2.509 | 15.29 | 21.60x | 0.962 | $13.08 | 35.70% | 40.80% | 3.30% | 7.70% | $638,526,000 | $464,314,000 | $4.66 | -13.40% | 10.00% | 52,265,000 | December | 2024-12-31 |
| ELS | Equity Lifestyle Properties, Inc. | 7.7 | NYSE | 1992 | Equity REIT | Public | Mobile Communities | $13,000,051,000 | 3.17% | $2.06 | 3.00% | $1.95 | 2025-04-11 | 2025-03-28 | $1.91 | $1.97 | $724,454,000 | $74.95 | $58.11 | $66.68 | $68.56 | 33.160 | 4.668 | 9.110 | 33.160 | 33.900 | 8.48 | 7.170 | 10.94 | 21.62x | 0.736 | $8.18 | 23.90% | 37.50% | 5.72% | 23.20% | $1,532,414,000 | $807,125,000 | $1.97 | 1.90% | 2.90% | 191,143,000 | December | 2024-12-31 |
| EPR | Entertainment Properties Trust, Inc. | 7.1 | NYSE | 1997 | Equity REIT | Public | Entertainment | $3,747,703,000 | 7.30% | $1.18 | 2.40% | $1.16 | 2025-04-15 | 2025-04-30 | $3.40 | $1.63 | $519,963,000 | $53.94 | $37.33 | $50.11 | $46.86 | 30.230 | 2.930 | 30.670 | 30.230 | 17.270 | 5.45 | 1.588 | 10.52 | 15.40x | 1.304 | $9.10 | 21.20% | 51.80% | 3.92% | 6.10% | $688,251,000 | $629,105,000 | $1.63 | -19.70% | 3.90% | 76,065,000 | December | 2024-12-31 |
| EQR | Equity Residential | 8.4 | NYSE | 1967 | Equity REIT | Public | Residential | $26,984,960,000 | 4.06% | $2.77 | 4.00% | $2.72 | 2025-04-17 | 2025-03-31 | $2.70 | $2.72 | $1,825,835,000 | $76.83 | $59.41 | $70.19 | $71.78 | 25.090 | 15.970 | 29.060 | 25.090 | 60.240 | 9.05 | 2.376 | 11.61 | 14.82x | 0.866 | $7.87 | 34.80% | 27.70% | 2.67% | 9.30% | $2,980,108,000 | $1,885,543,000 | $2.72 | 34.20% | 5.40% | 390,796,000 | December | 2024-12-31 |
| ESRT | Empire State Realty Trust, Inc. | 6.5 | NYSE | 2011 | Equity REIT | Public | Office | $2,059,994,000 | 1.99% | $0.14 | 2.00% | $0.14 | 2025-03-31 | 2025-03-14 | $0.14 | $0.28 | $326,713,000 | $11.53 | $6.56 | $8.23 | $9.93 | 25.390 | 7.630 | 6.160 | 25.390 | 78.740 | 2.70 | 1.154 | 4.28 | 8.71x | 1.399 | $4.63 | 6.80% | 21.70% | 2.27% | 4.60% | $763,152,000 | $408,991,000 | $0.28 | 18.60% | 2.40% | 166,337,000 | December | 2024-12-31 |
| ESS | Essex Property Trust, Inc. | 8.1 | NYSE | 1971 | Equity REIT | Public | Residential | $18,758,398,000 | 3.73% | $10.28 | 3.60% | $9.92 | 2025-04-15 | 2025-03-31 | $9.80 | $11.53 | $1,155,938,000 | $313.63 | $227.44 | $293.50 | $291.58 | 23.880 | 8.260 | 86.140 | 23.880 | 60.980 | 10.29 | 3.159 | 13.53 | 14.76x | 0.798 | $28.38 | 40.70% | 30.60% | 2.85% | 14.30% | $1,822,656,000 | $1,254,840,000 | $11.53 | 292.50% | 17.60% | 64,326,000 | December | 2024-12-31 |
| EXR | Extra Space Storage, Inc. | 8.7 | NYSE | 1977 | Equity REIT | Public | Self Storage | $30,626,740,000 | 4.59% | $6.48 | 4.60% | $6.48 | 2025-03-31 | 2025-03-14 | $6.48 | $4.02 | $2,259,747,000 | $180.93 | $121.03 | $148.59 | $160.24 | 35.120 | 3.512 | 65.790 | 35.120 | 29.670 | 9.18 | 2.103 | 12.96 | 18.26x | 0.973 | $15.78 | 25.60% | 42.90% | 3.29% | 6.00% | $3,337,904,000 | $2,839,530,000 | $4.02 | 14.30% | 3.30% | 212,225,000 | December | 2024-12-31 |
| FCPT | Four Corners Property Trust, Inc. | 8.1 | NYSE | 2015 | Equity REIT | Public | Retail | $2,826,400,000 | 5.03% | $1.42 | 5.00% | $1.40 | 2025-04-15 | 2025-03-31 | $1.39 | $1.07 | $204,885,000 | $29.80 | $21.74 | $28.09 | $28.02 | 26.390 | N/A | 14.510 | 26.390 | 25.640 | 10.54 | 1.949 | 14.78 | 19.36x | 0.949 | $2.86 | 37.50% | 56.10% | 3.65% | 7.40% | $268,073,000 | $227,474,000 | $1.07 | -0.10% | 4.90% | 99,971,000 | December | 2024-12-31 |
| FPI | Farmland Partners, Inc | 6.5 | NYSE | 2013 | Equity REIT | Public | Farms | $471,465,000 | 2.39% | $0.24 | 13.30% | $1.33 | 2025-04-15 | 2025-04-01 | $0.24 | $1.06 | $32,618,000 | $12.80 | $8.65 | $11.16 | $11.21 | 9.420 | N/A | 10.570 | 9.420 | 161.290 | 8.08 | 0.957 | 10.08 | 6.83x | 0.813 | $1.23 | 102.70% | 55.40% | 1.79% | 10.00% | $58,351,000 | $47,046,000 | $1.06 | 399.60% | -0.50% | 45,990,400 | December | 2024-12-31 |
| FR | First Industrial Realty Trust, Inc. | 8.3 | NYSE | 1993 | Equity REIT | Public | Industrial | $6,393,906,000 | 3.80% | $1.78 | 3.30% | $1.56 | 2025-04-21 | 2025-03-31 | $1.11 | $2.20 | $456,153,000 | $57.68 | $40.31 | $53.51 | $53.30 | 21.610 | 3.740 | 20.140 | 21.610 | 36.760 | 9.31 | 2.327 | 12.52 | 15.05x | 1.085 | $5.19 | 38.90% | 38.90% | 3.29% | 11.00% | $686,982,000 | $501,544,000 | $2.20 | -30.30% | 8.20% | 132,393,000 | December | 2024-12-31 |
| FRT | Federal Realty Investment Trust | 7.7 | NYSE | 1962 | Equity REIT | Public | Retail | $8,039,311,000 | 4.69% | $4.40 | 4.70% | $4.39 | 2025-04-15 | 2025-04-01 | $4.38 | $3.42 | $750,755,000 | $115.61 | $80.65 | $99.77 | $108.53 | 27.400 | 3.592 | 35.160 | 27.400 | 31.150 | 6.67 | 2.622 | 10.39 | 15.19x | 1.103 | $14.43 | 24.50% | 34.80% | 3.11% | 9.20% | $1,205,612,000 | $821,349,000 | $3.42 | -1.50% | 7.00% | 85,780,000 | December | 2024-12-31 |
| FSP | Franklin Street Properties Corp. | 4.1 | NYSE | 1997 | Equity REIT | Public | Office | $157,422,000 | 2.63% | $0.04 | 2.60% | $0.04 | 2025-05-08 | 2025-04-17 | $0.04 | $-0.51 | $36,920,000 | $2.18 | $1.35 | $1.79 | $1.77 | N/A | N/A | 6.330 | N/A | 256.410 | 1.31 | 0.238 | 3.02 | 16.77x | 0.724 | $1.16 | -43.90% | -7.60% | -0.37% | -7.70% | $120,112,000 | $52,353,000 | $-0.51 | 317.60% | -18.40% | 103,567,000 | December | 2024-12-31 |
| GEO | The Geo Group, Inc. | 4.1 | NYSE | 1984 | Equity REIT | Public | Correctional Facility | $4,240,801,000 | N/A | $1.00 | 5.20% | $1.55 | 2021-02-01 | 2021-01-22 | N/A | $0.23 | $438,255,000 | $36.46 | $11.75 | $27.40 | $21.87 | 129.090 | 2.363 | 9.780 | 129.090 | 23.640 | 1.75 | 3.111 | 2.43 | 16.56x | 0.753 | $18.46 | 1.30% | 11.50% | 5.32% | 2.40% | $2,423,702,000 | $649,223,000 | $0.23 | -36.50% | -0.10% | 142,836,000 | December | 2024-12-31 |
| GLPI | Gaming & Leisure Properties, Inc. | 7.8 | NASDAQ | 2013 | Equity REIT | Public | Entertainment | $13,609,730,000 | 6.14% | $3.04 | 6.10% | $3.04 | 2025-03-28 | 2025-03-14 | $3.04 | $2.87 | $1,400,317,000 | $51.44 | $39.66 | $49.51 | $49.53 | 17.250 | 8.080 | 15.550 | 17.250 | 14.290 | 8.89 | 3.188 | 13.47 | 14.36x | 0.734 | $5.61 | 51.20% | 79.10% | 5.66% | 17.60% | $1,531,546,000 | $1,446,618,000 | $2.87 | 0.60% | 5.60% | 274,833,000 | December | 2024-12-31 |
| GOOD | Gladstone Commercial Corporation, Inc. | 6.6 | NASDAQ | 2003 | Equity REIT | Public | Industrial | $648,375,000 | 8.47% | $0.40 | 2.80% | $0.40 | 2025-06-30 | 2025-04-21 | $1.20 | $0.27 | $102,508,000 | $17.43 | $12.18 | $15.18 | $15.67 | 52.480 | -62.670 | 3.891 | 52.480 | 60.980 | 4.34 | 3.748 | 8.89 | 11.33x | 1.165 | $3.58 | 16.10% | 38.00% | 3.00% | 7.20% | $149,388,000 | $117,859,000 | $0.27 | 204.30% | 4.10% | 45,756,900 | December | 2024-12-31 |
| GTY | Getty Realty Corp. | 8.3 | NYSE | 1955 | Equity REIT | Public | Retail | $1,593,602,000 | 6.50% | $1.88 | 6.40% | $1.84 | 2025-04-10 | 2025-03-27 | $1.82 | $1.25 | $164,107,000 | $32.82 | $24.53 | $30.33 | $30.89 | 23.170 | N/A | 17.480 | 23.170 | 20.750 | 7.84 | 1.838 | 12.31 | 14.66x | 0.880 | $3.75 | 34.90% | 54.70% | 3.59% | 7.40% | $203,391,000 | $188,532,000 | $1.25 | 29.40% | 11.30% | 55,028,000 | December | 2024-12-31 |
| GYRO | Gyrodyne Company of America, Inc. | N/A | NASDAQ | 1946 | Equity REIT | Public | Office | $17,429,500 | N/A | N/A | N/A | N/A | 2017-07-07 | 2017-06-23 | N/A | $0.17 | $-3,080,835 | $11.96 | $6.80 | $8.49 | $8.74 | 46.620 | N/A | 34.540 | 46.620 | N/A | 6.37 | 2.592 | 2.59 | -8.07x | 0.440 | $1.85 | -137.10% | -121.30% | N/A | N/A | $2,738,000 | $1,140,400 | $0.17 | N/A | -1.80% | 2,199,300 | December | 2023-12-31 |
| HASI | Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 5.5 | NYSE | 2012 | Mortgage REIT | Public | Mortgage | $2,921,053,000 | 6.94% | $1.68 | 6.90% | $1.67 | 2025-04-18 | 2025-04-04 | $1.66 | $1.62 | N/A | $35.49 | $21.98 | $27.93 | $30.30 | 14.950 | 0.762 | 19.700 | 14.950 | 9.140 | 20.84 | 1.250 | 18.81 | N/A | 1.830 | $1.21 | 142.70% | 16.50% | 2.99% | 9.00% | $140,172,000 | $140,172,000 | $1.62 | -31.40% | 3.00% | 120,605,000 | December | 2024-12-31 |
| WELL | Welltower, Inc. | 8.5 | NYSE | 1970 | Equity REIT | Public | Healthcare | $95,951,708,000 | 1.82% | $2.68 | 1.80% | $2.62 | 2025-03-06 | 2025-02-25 | $2.62 | $1.61 | $2,962,831,000 | $158.55 | $88.85 | $148.23 | $131.01 | 91.470 | 3.295 | 50.300 | 91.470 | 90.090 | 12.01 | 2.969 | 13.77 | 38.92x | 0.918 | $13.25 | 11.90% | 13.90% | 1.69% | 3.30% | $7,991,118,000 | $3,150,782,000 | $1.61 | 25.30% | 28.60% | 651,536,000 | December | 2024-12-31 |
| HIW | Highwoods Properties, Inc. | 7.1 | NYSE | 1978 | Equity REIT | Public | Office | $3,031,266,000 | 7.33% | $2.00 | 7.30% | $2.00 | 2025-03-11 | 2025-02-18 | $2.00 | $0.94 | $474,479,000 | $35.58 | $22.45 | $28.55 | $30.60 | 29.330 | 5.090 | 21.670 | 29.330 | 65.790 | 3.65 | 1.261 | 7.56 | 11.34x | 1.176 | $7.82 | 12.30% | 25.50% | 2.25% | 4.20% | $830,020,000 | $557,847,000 | $0.94 | -34.30% | 0.40% | 107,797,000 | December | 2024-12-31 |
| LOAN | Manhattan Bridge Capital, Inc. | 6.4 | NASDAQ | 1989 | Mortgage REIT | Public | Mortgage | $61,655,000 | 8.53% | $0.46 | 8.50% | $0.46 | 2025-04-15 | 2025-04-08 | $0.46 | $0.49 | N/A | $5.92 | $4.50 | $5.58 | $5.44 | 11.000 | N/A | 3.782 | 11.000 | N/A | 8.39 | 1.401 | 11.29 | 19.84x | 0.236 | $0.64 | 76.00% | 70.30% | 7.75% | 13.00% | $7,351,600 | $7,351,600 | $0.49 | -3.00% | -2.20% | 11,438,700 | December | 2024-12-31 |
| HPP | Hudson Pacific Properties | 4.5 | NYSE | 2009 | Equity REIT | Public | Office | $324,871,000 | 8.93% | $0.20 | 20.70% | $0.48 | 2024-06-27 | 2024-06-17 | $0.20 | $-2.64 | $263,340,000 | $6.29 | $2.00 | $2.84 | $3.92 | N/A | 13.000 | 17.230 | N/A | 6.320 | 0.39 | 0.133 | 6.30 | 34.91x | 1.318 | $5.91 | -41.10% | -7.60% | -0.42% | -11.30% | $834,774,000 | $378,196,000 | $-2.64 | -36.30% | -5.80% | 141,353,000 | December | 2024-12-31 |
| MDRR | Medalist Diversified REIT, Inc. | N/A | NASDAQ | 2015 | Equity REIT | Public | Shopping Centers | $16,154,500 | 2.18% | $0.27 | 2.20% | $0.24 | 2025-01-23 | 2025-04-17 | $0.22 | $0.02 | $4,458,100 | $14.83 | $10.68 | $12.47 | $12.36 | 555.000 | N/A | 11.170 | 555.000 | N/A | 1.66 | 1.075 | 6.30 | 7.99x | 0.295 | $8.63 | 0.30% | 19.60% | 0.80% | 4.30% | $9,735,100 | $7,383,400 | $0.02 | N/A | -6.70% | 1,355,200 | December | 2024-12-31 |
| HR | Healthcare Realty Trust, Inc. | 6.8 | NYSE | 1993 | Equity REIT | Public | Healthcare | $5,615,936,000 | 7.90% | $1.24 | 7.80% | $1.24 | 2025-03-19 | 2025-03-03 | $1.24 | $-1.84 | $755,659,000 | $18.48 | $12.87 | $16.46 | $17.24 | N/A | 4.670 | 14.930 | N/A | 10.830 | 4.43 | 1.053 | 8.33 | 35.19x | 0.720 | $3.47 | -51.60% | -0.20% | 0.18% | -10.90% | $1,268,181,000 | $791,615,000 | $-1.84 | -76.80% | -6.10% | 350,996,000 | December | 2024-12-31 |
| HST | Host Hotels & Resorts, Inc. | 8.3 | NYSE | 1993 | Equity REIT | Public | Hotel | $9,469,563,000 | 5.86% | $0.80 | 6.60% | $0.90 | 2025-04-15 | 2025-03-31 | $0.80 | $0.99 | $1,540,000,000 | $18.84 | $12.22 | $15.18 | $16.96 | 13.800 | 1.998 | 9.450 | 13.800 | 16.560 | 1.66 | 1.433 | 3.14 | 8.57x | 1.283 | $8.11 | 12.20% | 11.50% | 3.85% | 10.40% | $5,691,000,000 | $1,657,000,000 | $0.99 | -20.00% | 7.60% | 693,233,000 | December | 2024-12-31 |
| IHT | Innsuites Hospitality Trust | 5.0 | NYSE | 1971 | Equity REIT | Public | Hotel | $21,470,500 | 0.82% | $0.04 | 1.60% | $0.04 | 2025-02-05 | 2025-01-24 | $0.02 | $-0.10 | $-146,959 | $2.69 | $1.24 | $2.50 | $2.12 | N/A | N/A | 0.596 | N/A | N/A | 2.79 | 4.113 | 4.36 | 455.55x | -0.053 | $0.86 | -11.80% | -7.10% | -3.41% | -36.30% | $7,692,300 | $3,552,600 | $-0.10 | -36.20% | N/A | 8,763,500 | January | 2024-10-31 |
| INN | Summit Hotel Properties, Inc. | 6.6 | NYSE | 2004 | Equity REIT | Public | Hotel | $436,617,000 | 8.16% | $0.32 | 8.20% | $0.32 | 2025-02-28 | 2025-02-14 | $0.30 | $0.22 | $229,862,000 | $7.04 | $3.57 | $5.66 | $6.29 | 17.820 | N/A | 8.390 | 17.820 | N/A | 0.60 | 0.473 | 2.48 | 6.99x | 1.780 | $6.91 | 6.00% | 8.30% | 1.74% | 2.80% | $731,783,000 | $329,620,000 | $0.22 | -78.70% | -2.50% | 111,382,000 | December | 2024-12-31 |
| IRM | Iron Mountain, Inc. | 6.9 | NYSE | 1951 | Equity REIT | Public | Data Centers | $24,735,928,000 | 3.80% | $3.14 | 3.40% | $2.87 | 2025-04-04 | 2025-03-17 | $2.73 | $0.61 | $2,042,213,000 | $128.24 | $72.33 | $89.38 | $105.68 | 138.050 | 1.080 | -1.714 | 138.050 | 40.320 | 4.02 | 1,516.510 | 6.58 | 21.23x | 0.999 | $20.96 | 2.90% | 20.50% | 4.19% | 225.10% | $6,149,909,000 | $3,453,360,000 | $0.61 | 258.30% | 11.40% | 293,741,000 | December | 2024-12-31 |
| IRT | Independence Realty Trust, Inc. | 8.2 | NYSE | 2009 | Equity REIT | Public | Residential | $4,539,680,000 | 3.34% | $0.64 | 3.30% | $0.64 | 2025-04-21 | 2025-03-28 | $0.64 | $0.17 | $350,626,000 | $21.91 | $14.78 | $20.38 | $20.03 | 112.650 | 4.570 | 14.940 | 112.650 | 86.210 | 7.09 | 1.286 | 10.53 | 19.99x | 0.983 | $2.85 | 6.10% | 23.00% | 1.32% | 1.10% | $640,382,000 | $374,871,000 | $0.17 | 185.60% | -0.80% | 231,117,000 | December | 2024-12-31 |
| IVR | Invesco Mortgage Capital, Inc. | 6.4 | NYSE | 2008 | Mortgage REIT | Public | Mortgage | $434,719,000 | 21.10% | $1.36 | 23.10% | $1.54 | 2025-04-25 | 2025-04-07 | $1.60 | $0.65 | N/A | $8.64 | $5.86 | $8.21 | $8.51 | 10.250 | -6.090 | 9.010 | 10.250 | 4.388 | 5.48 | 0.757 | 7.48 | N/A | 1.377 | $1.48 | 75.50% | 43.90% | 1.09% | 7.90% | $79,359,000 | $79,359,000 | $0.65 | 25.50% | -73.40% | 65,273,000 | December | 2024-12-31 |
| KIM | Kimco Realty Corp, Inc. | 8.6 | NYSE | 1966 | Equity REIT | Public | Retail | $13,990,884,000 | 4.86% | $1.00 | 4.80% | $0.98 | 2025-03-21 | 2025-03-07 | $0.97 | $0.55 | $1,231,516,000 | $25.28 | $17.19 | $21.10 | $22.57 | 37.440 | 3.122 | 15.680 | 37.440 | 29.240 | 6.87 | 1.286 | 10.60 | 17.10x | 1.248 | $3.03 | 20.20% | 31.70% | 2.13% | 4.10% | $2,037,014,000 | $1,399,361,000 | $0.55 | 5.00% | 16.30% | 679,499,000 | December | 2024-12-31 |
| KRC | Kilroy Realty Corp, Inc. | 7.0 | NYSE | 1996 | Equity REIT | Public | Office | $3,759,772,000 | 6.92% | $2.16 | 6.80% | $2.16 | 2025-04-09 | 2025-03-31 | $2.16 | $1.80 | $653,036,000 | $42.49 | $27.07 | $33.40 | $36.82 | 17.660 | 2.422 | 45.590 | 17.660 | 26.250 | 3.31 | 0.686 | 7.24 | 11.18x | 1.064 | $9.65 | 18.60% | 30.60% | 1.88% | 4.10% | $1,135,629,000 | $762,758,000 | $1.80 | 24.90% | 6.50% | 118,269,000 | December | 2024-12-31 |
| KRG | Kite Realty Group | 7.5 | NYSE | 1968 | Equity REIT | Public | Shopping Centers | $4,726,883,000 | 5.13% | $1.08 | 5.00% | $1.07 | 2025-04-16 | 2025-04-09 | $1.03 | $0.02 | $484,488,000 | $27.52 | $18.52 | $22.09 | $24.47 | 1,068.000 | N/A | 15.080 | 1,068.000 | 68.030 | 5.61 | 1.396 | 8.76 | 13.96x | 1.053 | $3.83 | 0.50% | 23.00% | 1.59% | 0.10% | $841,842,000 | $624,348,000 | $0.02 | 173.20% | 7.20% | 219,812,000 | December | 2024-12-31 |
| LADR | Ladder Capital Corp | 6.9 | NYSE | 2008 | Mortgage REIT | Public | Mortgage | $1,302,836,000 | 8.98% | $0.92 | 9.00% | $0.92 | 2025-04-15 | 2025-03-31 | $0.92 | $0.86 | N/A | $11.75 | $9.61 | $11.32 | $11.52 | 11.920 | 1.890 | 12.080 | 11.920 | 9.830 | 4.80 | 0.849 | 15.77 | N/A | 1.491 | $2.16 | 39.90% | 48.20% | 2.08% | 7.00% | $271,184,000 | $205,905,000 | $0.86 | 66.50% | 26.10% | 127,106,000 | December | 2024-12-31 |
| LAND | Gladstone Land Corporation, Inc. | 6.5 | NASDAQ | 2003 | Equity REIT | Public | Farms | $346,649,000 | 5.85% | $0.19 | 1.90% | $0.19 | 2025-06-30 | 2025-04-21 | $0.56 | $-0.29 | $68,430,000 | $14.84 | $8.66 | $10.72 | $12.32 | N/A | 22.950 | 18.990 | N/A | N/A | 4.07 | 0.504 | 10.04 | 12.18x | 1.147 | $2.37 | 15.60% | 34.70% | 1.45% | 1.90% | $85,156,000 | $71,452,000 | $-0.29 | N/A | -13.50% | 36,184,700 | December | 2024-12-31 |
| LTC | LTC Properties, Inc. | 7.7 | NYSE | 1992 | Equity REIT | Public | Healthcare | $1,640,492,000 | 6.46% | $0.76 | 2.10% | $0.76 | 2025-06-30 | 2025-04-22 | $2.28 | $2.04 | $160,495,000 | $38.83 | $29.89 | $34.89 | $35.92 | 17.520 | 5.410 | 21.110 | 17.520 | 12.450 | 8.14 | 1.686 | 10.93 | 13.37x | 0.743 | $4.61 | 45.20% | 62.30% | 4.26% | 9.60% | $201,599,000 | $187,850,000 | $2.04 | -41.60% | 5.90% | 45,887,900 | December | 2024-12-31 |
| LXP | LXP Industrial Trust | 8.2 | NYSE | 1986 | Equity REIT | Public | Industrial | $2,294,849,000 | 6.87% | $0.54 | 6.80% | $0.53 | 2025-04-15 | 2025-03-31 | $0.53 | $0.13 | $252,823,000 | $10.10 | $6.85 | $8.55 | $9.20 | 59.690 | 6.370 | 6.810 | 59.690 | N/A | 6.40 | 1.139 | 10.42 | 11.93x | 0.980 | $1.23 | 12.40% | 27.00% | 1.01% | 2.00% | $358,458,000 | $297,447,000 | $0.13 | 141.40% | 21.60% | 295,728,000 | December | 2024-12-31 |
| MAA | Mid-America Apartment Communities, Inc. | 8.4 | NYSE | 1977 | Equity REIT | Public | Residential | $18,454,702,000 | 3.86% | $6.06 | 3.80% | $5.97 | 2025-04-30 | 2025-04-15 | $5.88 | $4.49 | $1,243,153,000 | $171.72 | $120.65 | $161.40 | $155.73 | 34.980 | 10.190 | 50.840 | 34.980 | 42.020 | 8.42 | 3.079 | 10.65 | 17.95x | 0.785 | $18.76 | 24.10% | 29.50% | 3.52% | 8.70% | $2,191,015,000 | $1,298,883,000 | $4.49 | 3.50% | 1.40% | 116,901,000 | December | 2024-12-31 |
| MAC | Macerich Company | 6.7 | NYSE | 1964 | Equity REIT | Public | Shopping Centers | $3,753,999,000 | 4.63% | $0.68 | 4.60% | $0.68 | 2025-03-18 | 2025-03-04 | $0.68 | $-0.88 | $446,681,000 | $22.06 | $12.48 | $17.51 | $17.92 | N/A | -485.000 | 10.900 | N/A | 500.000 | 4.17 | 1.345 | 9.45 | 26.56x | 2.141 | $4.05 | -21.60% | 37.50% | 1.14% | -7.40% | $899,298,000 | $469,031,000 | $-0.88 | 3,971.00% | 48.70% | 252,497,000 | December | 2024-12-31 |
| MFA | MFA Mortgage Investments, Inc. | 5.1 | NYSE | 1997 | Mortgage REIT | Public | Mortgage | $920,665,000 | 16.70% | $1.44 | 15.70% | $1.41 | 2025-04-30 | 2025-03-31 | $1.40 | $0.85 | N/A | $12.20 | $7.85 | $10.26 | $11.13 | 10.560 | 2.250 | 18.040 | 10.560 | 5.360 | 3.29 | 0.480 | 27.31 | N/A | 1.695 | $2.70 | 42.60% | 8.30% | 1.08% | 6.40% | $279,608,000 | $244,302,000 | $0.85 | -77.50% | -67.50% | 102,524,000 | December | 2024-12-31 |
| MITT | AG Mortgage Investment Trust, Inc. | 5.1 | NYSE | 2011 | Mortgage REIT | Public | Mortgage | $186,257,000 | 13.10% | $0.80 | 12.30% | $0.77 | 2025-04-30 | 2025-03-31 | $0.75 | $1.26 | N/A | $7.70 | $4.93 | $7.16 | $7.10 | 4.984 | -6.530 | 10.900 | 4.984 | 7.910 | 2.13 | 0.563 | 89.38 | N/A | 1.509 | $2.97 | 63.70% | 67.50% | 0.86% | 10.40% | $87,547,000 | $76,815,000 | $1.26 | -77.80% | 44.70% | 29,658,800 | December | 2024-12-31 |
| MPW | Medical Properties Trust, Inc. | 5.0 | NYSE | 2003 | Equity REIT | Public | Healthcare | $3,273,270,000 | 5.94% | $0.32 | 7.20% | $0.39 | 2025-04-10 | 2025-03-10 | $0.46 | $-4.02 | $713,743,000 | $6.34 | $3.46 | $5.48 | $4.85 | N/A | 1.930 | 8.050 | N/A | 6.670 | 3.15 | 0.670 | 11.94 | 14.14x | 1.317 | $1.73 | -232.10% | 56.10% | 1.65% | -38.60% | $1,038,695,000 | $1,011,440,000 | $-4.02 | -48.60% | -22.30% | 600,600,000 | December | 2024-12-31 |
| NHI | National Health Investors, Inc. | 7.7 | NYSE | 1991 | Equity REIT | Public | Healthcare | $3,537,936,000 | 4.78% | $3.60 | 4.80% | $3.60 | 2025-05-02 | 2025-03-31 | $3.60 | $3.13 | $260,341,000 | $83.08 | $58.25 | $71.94 | $74.52 | 24.210 | 1.990 | 33.730 | 24.210 | 12.840 | 10.54 | 2.573 | 13.84 | 17.56x | 0.820 | $7.65 | 41.10% | 62.50% | 4.63% | 10.30% | $335,583,000 | $324,418,000 | $3.13 | -14.10% | -11.70% | 46,693,100 | December | 2024-12-31 |
| NLY | Annaly Capital Management, Inc. | 6.3 | NYSE | 1997 | Mortgage REIT | Public | Mortgage | $10,696,234,000 | 15.60% | $2.80 | 14.80% | $2.65 | 2025-04-30 | 2025-03-31 | $2.60 | $1.62 | N/A | $21.36 | $15.90 | $20.60 | $19.94 | 11.050 | -3.610 | 19.140 | 11.050 | 6.210 | 8.57 | 0.951 | 27.97 | N/A | 1.388 | $2.39 | 80.30% | 89.70% | 1.03% | 8.40% | $1,247,853,000 | $1,198,384,000 | $1.62 | -87.90% | -76.60% | 597,555,000 | December | 2024-12-31 |
| NNN | NNN REIT, Inc. | 8.2 | NYSE | 1984 | Equity REIT | Public | Retail | $7,827,856,000 | 5.61% | $2.32 | 5.60% | $2.32 | 2025-05-15 | 2025-04-30 | $2.29 | $2.16 | $792,068,000 | $48.23 | $35.80 | $41.30 | $43.63 | 19.270 | 4.920 | 23.260 | 19.270 | 20.880 | 9.01 | 1.794 | 14.03 | 14.68x | 0.834 | $4.73 | 45.70% | 62.00% | 3.87% | 9.30% | $869,266,000 | $836,949,000 | $2.16 | -2.40% | 1.00% | 188,034,000 | December | 2024-12-31 |
| NSA | National Storage Affiliates Trust | 6.7 | NYSE | 2013 | Equity REIT | Public | Self Storage | $5,640,307,000 | 6.20% | $2.28 | 6.10% | $2.26 | 2025-03-31 | 2025-03-14 | $2.25 | $1.18 | $467,320,000 | $48.02 | $30.88 | $37.45 | $41.40 | 31.150 | 3.140 | 9.630 | 31.150 | 74.070 | 7.48 | 3.823 | 8.53 | 12.37x | 1.072 | $9.81 | 14.80% | 35.60% | 3.07% | 9.40% | $754,260,000 | $553,792,000 | $1.18 | -79.50% | -15.00% | 76,446,000 | December | 2024-12-31 |
| NXRT | NexPoint Residential Trust, Inc. | 6.5 | NYSE | 2014 | Equity REIT | Public | Residential | $1,882,465,000 | 5.59% | $2.04 | 5.30% | $1.95 | 2025-03-31 | 2025-03-14 | $1.90 | $0.04 | $128,637,000 | $47.14 | $30.47 | $38.79 | $42.12 | 912.250 | -36.540 | 16.150 | 912.250 | 88.500 | 7.24 | 2.271 | 9.13 | 11.69x | 1.196 | $10.19 | 0.40% | 14.20% | 0.96% | 0.20% | $259,873,000 | $157,234,000 | $0.04 | 371.80% | -7.40% | 25,534,500 | December | 2024-12-31 |
| NYMT | New York Mortgage Trust, Inc. | 6.4 | NASDAQ | 1989 | Mortgage REIT | Public | Mortgage | $491,781,000 | 15.00% | $0.80 | 14.70% | $0.80 | 2025-04-28 | 2025-03-31 | $0.80 | $-1.16 | N/A | $6.89 | $4.81 | $6.38 | $6.19 | N/A | 0.970 | 9.490 | N/A | 12.760 | 3.43 | 0.562 | 18.94 | N/A | 1.510 | $1.58 | -43.30% | -7,442.00% | -1.13% | -6.20% | $143,242,000 | $37,128,000 | $-1.16 | -65.30% | -99.50% | 90,567,000 | December | 2024-12-31 |
| O | Realty Income Corp | 8.1 | NYSE | 1969 | Equity REIT | Public | Retail | $52,007,969,000 | 5.52% | $1.07 | 1.80% | $1.07 | 2025-05-15 | 2025-05-01 | $3.13 | $0.98 | $4,759,065,000 | $63.08 | $48.42 | $56.14 | $57.64 | 59.510 | 5.660 | 43.570 | 59.510 | 44.640 | 9.85 | 1.339 | 14.86 | 18.10x | 0.796 | $6.12 | 16.30% | 44.00% | 2.30% | 2.40% | $5,278,935,000 | $4,901,260,000 | $0.98 | -24.40% | 24.50% | 891,769,000 | December | 2024-12-31 |
| OHI | Omega Healthcare Investors, Inc. | 7.4 | NYSE | 1992 | Equity REIT | Public | Healthcare | $11,079,194,000 | 6.95% | $2.68 | 6.90% | $2.68 | 2025-02-18 | 2025-02-10 | $2.68 | $1.55 | $962,625,000 | $42.92 | $27.55 | $37.24 | $38.34 | 24.880 | 1.130 | 16.250 | 24.880 | 10.130 | 10.54 | 2.379 | 14.38 | 15.96x | 0.740 | $4.07 | 38.70% | 62.80% | 4.34% | 9.80% | $1,051,390,000 | $1,052,312,000 | $1.55 | 83.80% | 16.70% | 281,837,000 | December | 2024-12-31 |
| OLP | One Liberty Properties, Inc. | 7.0 | NYSE | 1982 | Equity REIT | Public | Industrial | $523,482,000 | 7.42% | $1.80 | 7.40% | $1.80 | 2025-04-04 | 2025-03-27 | $1.80 | $1.40 | $51,427,000 | $29.45 | $20.53 | $25.82 | $26.58 | 17.320 | N/A | 15.110 | 17.320 | N/A | 5.79 | 1.703 | 9.96 | 12.10x | 1.148 | $4.39 | 33.60% | 39.60% | 2.71% | 10.00% | $90,456,000 | $72,551,000 | $1.40 | 87.50% | 12.50% | 21,586,900 | December | 2024-12-31 |
| ORC | Orchid Island Capital, Inc. | 6.0 | NYSE | 2010 | Mortgage REIT | Public | Mortgage | $705,258,000 | 22.50% | $0.48 | 7.30% | $0.48 | 2025-05-29 | 2025-04-30 | $1.44 | $0.57 | N/A | $8.74 | $5.68 | $7.94 | $8.01 | 11.490 | N/A | 8.090 | 11.490 | 138.890 | 12.96 | 1.029 | 12.65 | N/A | 1.686 | $0.83 | 69.20% | 56.00% | 0.75% | 6.60% | $54,406,000 | $50,975,000 | $0.57 | -86.50% | -68.30% | 107,673,000 | December | 2024-12-31 |
| CDP | COPT Defense Properties | 5.4 | NYSE | N/A | Equity REIT | Public | Infrastructure | $3,033,594,000 | 4.62% | $1.22 | 4.50% | $1.19 | 2025-04-16 | 2025-03-31 | $1.18 | $1.23 | $369,735,000 | $33.51 | $21.59 | $26.95 | $29.30 | 21.450 | N/A | 13.270 | 21.450 | N/A | 4.03 | 1.981 | 7.12 | 13.96x | 0.949 | $6.71 | 18.40% | 29.70% | 3.14% | 9.30% | $753,664,000 | $414,398,000 | $1.23 | 6.60% | 2.30% | 112,883,000 | December | 2024-12-31 |
| NLOP | Net Lease Office Properties | 2.3 | NYSE | N/A | Equity REIT | Public | Office | $422,646,000 | N/A | $1.36 | 1.20% | $0.34 | 2024-01-29 | 2023-12-15 | N/A | $-6.18 | $113,323,000 | $34.38 | $22.36 | $30.72 | $30.31 | N/A | N/A | 39.230 | N/A | N/A | 2.97 | 0.727 | 3.98 | 10.67x | N/A | $9.62 | -64.30% | 12.80% | 2.04% | -14.40% | $142,247,000 | $125,103,000 | $-6.18 | 223.10% | -40.20% | 14,814,100 | December | 2024-12-31 |
| OUT | Outfront Media, Inc. | 5.9 | NYSE | 2013 | Equity REIT | Public | Outdoor Advertising | $2,413,511,000 | 8.47% | $1.20 | 8.30% | $1.20 | 2025-03-31 | 2025-03-07 | $1.23 | $1.58 | $378,500,000 | $19.64 | $12.70 | $16.82 | $17.57 | 9.150 | 1.070 | 4.006 | 9.150 | 16.050 | 1.32 | 3.719 | 3.55 | 11.27x | 1.792 | $11.31 | 14.10% | 21.00% | 3.27% | 34.20% | $1,830,900,000 | $881,900,000 | $1.58 | 28.50% | -1.60% | 167,025,000 | December | 2024-12-31 |
| PDM | Piedmont Office Realty Trust, Inc. | 5.7 | NYSE | 1997 | Equity REIT | Public | Office | $816,116,000 | 7.62% | $0.50 | 7.60% | $0.50 | 2025-03-14 | 2025-02-21 | $0.50 | $-0.64 | $247,150,000 | $10.78 | $5.81 | $7.25 | $8.73 | N/A | 10.180 | 12.790 | N/A | N/A | 1.43 | 0.507 | 5.17 | 10.91x | 1.185 | $4.60 | -13.90% | 14.10% | 1.21% | -4.80% | $570,324,000 | $336,200,000 | $-0.64 | -70.00% | -1.40% | 124,408,000 | December | 2024-12-31 |
| PEB | Pebblebrook Hotel Trust, Inc. | 5.7 | NYSE | 2009 | Equity REIT | Public | Hotel | $1,032,559,000 | 0.46% | $0.04 | 0.50% | $0.04 | 2025-04-15 | 2025-03-31 | $0.04 | $-0.39 | $313,329,000 | $16.01 | $7.41 | $10.81 | $12.61 | N/A | 0.480 | 22.610 | N/A | 24.570 | 0.71 | 0.383 | 2.34 | 11.08x | 1.692 | $12.13 | -0.30% | -2.00% | 0.91% | N/A | $1,453,309,000 | $366,123,000 | $-0.39 | -35.60% | 1.10% | 118,685,000 | December | 2024-12-31 |
| PEI | Pennsylvania Real Estate Investment Trust, Inc. | N/A | OTC | 1960 | Equity REIT | Public | Shopping Centers | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| PGRE | Paramount Group, Inc. | 5.6 | NYSE | 2014 | Equity REIT | Public | Office | $992,647,000 | 3.36% | $0.14 | 3.30% | $0.14 | 2024-07-15 | 2024-06-28 | $0.07 | $-0.21 | $334,929,000 | $5.47 | $3.75 | $4.33 | $4.77 | N/A | 0.530 | 14.440 | N/A | N/A | 1.40 | 0.297 | 5.59 | 11.76x | 1.123 | $3.27 | -6.50% | -5.60% | 0.80% | -1.00% | $710,365,000 | $407,087,000 | $-0.21 | 475.30% | -26.20% | 219,225,000 | December | 2024-12-31 |
| PK | Park Hotels & Resorts, Inc. | 6.0 | NYSE | 1946 | Equity REIT | Public | Hotel | $1,984,323,000 | 10.20% | $1.00 | 14.20% | $1.40 | 2025-04-15 | 2025-03-31 | $1.40 | $1.01 | $606,000,000 | $15.30 | $8.27 | $11.46 | $13.71 | 9.730 | 0.540 | 18.000 | 9.730 | 12.940 | 0.76 | 0.544 | 2.45 | 9.16x | 1.738 | $12.61 | 8.10% | 7.10% | 2.35% | 6.10% | $2,611,000,000 | $802,000,000 | $1.01 | -63.60% | -7.70% | 201,864,000 | December | 2024-12-31 |
| PLD | Prologis, Inc. | 8.8 | NYSE | 1983 | Equity REIT | Public | Industrial | $94,644,355,000 | 3.96% | $4.04 | 3.80% | $3.89 | 2025-03-31 | 2025-03-18 | $2.88 | $4.01 | $6,191,458,000 | $129.30 | $85.35 | $112.77 | $117.11 | 25.460 | 0.491 | 55.920 | 25.460 | 41.150 | 10.83 | 1.725 | 15.02 | 16.36x | 1.224 | $9.43 | 42.80% | 38.10% | 2.38% | 6.80% | $8,738,277,000 | $6,665,010,000 | $4.01 | -1.50% | 5.40% | 926,977,000 | December | 2024-12-31 |
| PMT | Pennymac Mortgage Investment Trust | 4.6 | NYSE | 2009 | Mortgage REIT | Public | Mortgage | $1,128,324,000 | 12.60% | $1.60 | 12.30% | $1.60 | 2025-04-25 | 2025-04-11 | $1.60 | $1.40 | N/A | $14.45 | $11.39 | $14.03 | $13.69 | 9.280 | 2.120 | 16.080 | 9.280 | 8.940 | 2.24 | 0.808 | 39.54 | N/A | 1.146 | $5.81 | 31.90% | 376.00% | 1.17% | 8.30% | $504,603,000 | $380,495,000 | $1.40 | -5.40% | -95.40% | 86,861,000 | December | 2024-12-31 |
| PSA | Public Storage | 8.9 | NYSE | 1972 | Equity REIT | Public | Self Storage | $51,925,185,000 | 4.05% | $12.00 | 4.10% | $12.00 | 2025-03-28 | 2025-03-13 | $12.00 | $10.63 | $3,335,253,000 | $362.91 | $246.58 | $297.45 | $316.98 | 27.850 | 11.480 | 30.570 | 27.850 | 29.940 | 11.01 | 9.680 | 13.88 | 18.59x | 0.757 | $26.89 | 43.90% | 46.60% | 6.97% | 20.90% | $4,715,437,000 | $3,441,930,000 | $10.63 | 45.30% | 1.40% | 175,417,000 | December | 2024-12-31 |
| PW | Power REIT | 5.9 | NYSE | 1916 | Equity REIT | Public | Infrastructure | $3,864,200 | N/A | N/A | N/A | N/A | 2013-01-25 | 2013-01-10 | N/A | $-7.48 | $-440,800 | $2.70 | $0.40 | $1.13 | $1.20 | N/A | N/A | -0.512 | N/A | N/A | 1.27 | 10.820 | 15.60 | 8.09x | 1.666 | $0.90 | N/A | -74.10% | -1.60% | -131.70% | $3,049,900 | $1,053,500 | $-7.48 | -75.50% | 5.90% | 3,389,700 | December | 2024-12-31 |
| REG | Regency Centers Corporation | 8.6 | NYSE | 1963 | Equity REIT | Public | Shopping Centers | $13,086,765,000 | 4.02% | $2.82 | 3.80% | $2.75 | 2025-04-02 | 2025-03-12 | $2.72 | $2.11 | $939,751,000 | $77.43 | $55.85 | $72.73 | $71.59 | 33.960 | 2.901 | 35.930 | 33.960 | 31.950 | 8.71 | 1.961 | 12.33 | 18.05x | 1.040 | $8.22 | 26.60% | 39.50% | 2.86% | 5.80% | $1,503,291,000 | $1,070,239,000 | $2.11 | -3.80% | 3.60% | 181,526,000 | December | 2024-12-31 |
| REXR | Rexford Industrial Realty, Inc. | 9.1 | NYSE | 2013 | Equity REIT | Public | Industrial | $7,975,449,000 | 5.28% | $1.72 | 5.20% | $1.70 | 2025-04-15 | 2025-06-30 | $1.25 | $1.23 | $626,545,000 | $51.05 | $29.68 | $38.66 | $43.66 | 26.480 | 9.310 | 36.620 | 26.480 | N/A | 8.18 | 0.889 | 10.97 | 15.22x | 1.004 | $4.40 | 29.10% | 34.90% | 1.84% | 3.40% | $974,598,000 | $756,559,000 | $1.23 | 11.10% | 17.80% | 236,171,000 | December | 2024-12-31 |
| RHP | Ryman Hospitality Properties, Inc. | 6.5 | NYSE | 1955 | Equity REIT | Public | Hotel | $5,139,060,000 | 5.48% | $4.60 | 5.30% | $4.50 | 2025-04-15 | 2025-03-31 | $4.45 | $4.38 | $725,641,000 | $118.94 | $76.27 | $95.23 | $103.50 | 19.550 | 1.380 | 9.270 | 19.550 | 21.830 | 2.20 | 9.170 | 3.45 | 10.69x | 1.384 | $39.08 | 11.60% | 18.50% | 5.89% | 30.20% | $2,339,501,000 | $844,302,000 | $4.38 | -51.80% | 0.60% | 60,001,000 | December | 2024-12-31 |
| RLJ | RLJ Lodging Trust | 7.4 | NYSE | 2000 | Equity REIT | Public | Hotel | $1,055,874,000 | 8.62% | $0.60 | 7.90% | $0.55 | 2025-04-15 | 2025-03-31 | $0.50 | $0.27 | $335,297,000 | $10.81 | $6.16 | $8.56 | $9.33 | 25.780 | 1.410 | 12.640 | 25.780 | 714.290 | 0.77 | 0.551 | 2.45 | 9.33x | 1.530 | $8.96 | 5.00% | 8.90% | 1.92% | 2.90% | $1,369,899,000 | $384,594,000 | $0.27 | 50.00% | 3.30% | 151,706,000 | December | 2024-12-31 |
| ROIC | Retail Opportunity Investments Corp. | 8.0 | NASDAQ | 2007 | Equity REIT | Public | Shopping Centers | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EPRT | Essential Properties Realty Trust Inc | 9.1 | NYSE | 2016 | Equity REIT | Public | Retail | $6,066,238,000 | 3.66% | $1.18 | 3.60% | $1.17 | 2025-04-11 | 2025-03-31 | $1.16 | $1.15 | $408,984,000 | $34.24 | $24.36 | $31.67 | $31.78 | 28.010 | N/A | 19.000 | 28.010 | 26.250 | 13.49 | 1.697 | 18.10 | 20.09x | 1.103 | $2.59 | 45.20% | 64.40% | 3.40% | 6.20% | $449,610,000 | $444,383,000 | $1.15 | -1.60% | 21.40% | 187,780,000 | December | 2024-12-31 |
| RWT | Redwood Trust, Inc. | 3.6 | NYSE | 1994 | Mortgage REIT | Public | Mortgage | $736,726,000 | 13.60% | $0.72 | 12.50% | $0.69 | 2025-03-31 | 2025-03-24 | $0.67 | $0.32 | N/A | $7.54 | $4.68 | $6.16 | $6.88 | 17.310 | 1.390 | 8.460 | 17.310 | 8.160 | 3.04 | 0.630 | 76.88 | N/A | 1.207 | $1.84 | 22.30% | -0.80% | 0.33% | 4.50% | $242,497,000 | $208,907,000 | $0.32 | 4,537.00% | -45.90% | 132,983,000 | December | 2024-12-31 |
| RYN | Rayonier, Inc. | 8.4 | NYSE | 1926 | Equity REIT | Public | Timber | $3,963,095,000 | 4.35% | $1.09 | 10.10% | $2.56 | 2025-03-31 | 2025-03-17 | $1.14 | $2.39 | $536,691,000 | $30.36 | $22.80 | $26.48 | $28.85 | 10.580 | 23.240 | 11.910 | 10.580 | 44.050 | 3.14 | 2.210 | 3.78 | 8.63x | 1.000 | $8.49 | 28.40% | 47.30% | 6.96% | 19.50% | $1,263,827,000 | $478,994,000 | $2.39 | 151.50% | 55.60% | 156,056,000 | December | 2024-12-31 |
| SBRA | Sabra Health Care REIT, Inc. | 7.6 | NASDAQ | 2010 | Equity REIT | Public | Healthcare | $4,315,705,000 | 6.60% | $1.20 | 6.60% | $1.20 | 2025-02-28 | 2025-02-14 | $1.20 | $0.54 | $421,187,000 | $19.35 | $12.52 | $16.96 | $17.34 | 33.590 | 3.150 | 11.540 | 33.590 | 8.710 | 6.14 | 1.577 | 9.54 | 16.25x | 0.907 | $3.01 | 18.00% | 37.10% | 3.00% | 4.60% | $702,638,000 | $476,121,000 | $0.54 | 182.70% | 12.50% | 237,911,000 | December | 2024-12-31 |
| SELF | Global Self Storage, Inc. | 7.3 | NASDAQ | 1983 | Equity REIT | Public | Self Storage | $58,373,000 | 5.60% | $0.29 | 5.60% | $0.29 | 2025-03-31 | 2025-03-17 | $0.29 | $0.19 | $4,531,500 | $5.53 | $3.93 | $5.10 | $5.10 | 27.260 | N/A | 4.201 | 27.260 | N/A | 4.66 | 1.230 | 5.39 | 14.56x | 0.152 | $1.13 | 17.00% | 24.90% | 2.74% | 4.40% | $12,530,300 | $7,790,300 | $0.19 | -89.80% | 7.10% | 11,269,000 | December | 2024-12-31 |
| SHO | Sunstone Hotel Investors, Inc. | 7.0 | NYSE | 1995 | Equity REIT | Public | Hotel | $1,657,880,000 | 4.37% | $0.36 | 4.40% | $0.36 | 2025-04-15 | 2025-03-31 | $0.34 | $0.14 | $203,099,000 | $12.20 | $7.45 | $9.88 | $10.51 | 58.860 | 1.210 | 9.080 | 58.860 | 204.080 | 1.83 | 0.901 | 2.95 | 12.45x | 1.169 | $4.49 | 4.80% | 4.40% | 1.57% | 2.00% | $905,809,000 | $395,162,000 | $0.14 | -42.00% | -2.00% | 201,199,000 | December | 2024-12-31 |
| SKT | Tanger Factory Outlet Centers, Inc. | 8.0 | NYSE | 1981 | Equity REIT | Public | Shopping Centers | $3,671,173,000 | 3.61% | $1.17 | 3.40% | $1.12 | 2025-05-15 | 2025-04-30 | $1.10 | $0.88 | $285,585,000 | $37.26 | $25.28 | $33.30 | $32.50 | 36.850 | 3.652 | 5.790 | 36.850 | 34.840 | 6.83 | 5.630 | 9.76 | 16.99x | 1.437 | $4.92 | 18.30% | 29.10% | 4.34% | 16.20% | $537,352,000 | $397,897,000 | $0.88 | 4.30% | 11.20% | 113,203,000 | December | 2024-12-31 |
| SLG | SL Green Realty Corp | 6.3 | NYSE | 1997 | Equity REIT | Public | Office | $3,950,169,000 | 5.90% | $1.03 | 2.00% | $1.03 | 2025-04-15 | 2025-03-31 | $2.26 | $-0.42 | $189,880,000 | $81.21 | $45.15 | $58.97 | $66.22 | N/A | 0.946 | 50.900 | N/A | 9.560 | 5.21 | 0.996 | 9.98 | 21.59x | 1.597 | $11.39 | -0.40% | 13.60% | -0.14% | -0.20% | $758,541,000 | $286,922,000 | $-0.42 | -98.20% | -19.80% | 71,005,000 | December | 2024-12-31 |
| SOHO | Sotherly Hotels, Inc. | 4.2 | NASDAQ | 1957 | Equity REIT | Public | Hotel | $27,709,400 | N/A | $0.52 | 72.30% | $0.52 | 2020-04-09 | 2024-05-30 | N/A | $-0.36 | $38,524,400 | $1.54 | $0.59 | $0.76 | $1.03 | N/A | N/A | 2.180 | N/A | N/A | 0.15 | 0.337 | 1.91 | 8.36x | 1.058 | $9.29 | 0.70% | 5.70% | 2.96% | 2.60% | $180,394,000 | $45,312,800 | $-0.36 | -18.80% | 1.30% | 20,126,400 | December | 2024-12-31 |
| SPG | Simon Property Group | 7.8 | NYSE | 1993 | Equity REIT | Public | Retail | $55,809,827,000 | 5.59% | $8.40 | 5.50% | $8.25 | 2025-03-31 | 2025-03-10 | $8.10 | $7.26 | $4,423,503,000 | $187.80 | $132.53 | $168.92 | $168.36 | 20.720 | 4.290 | 8.890 | 20.720 | 25.060 | 9.36 | 16.650 | 12.03 | 14.29x | 1.480 | $18.29 | 39.80% | 52.80% | 5.80% | 74.90% | $5,963,798,000 | $4,920,384,000 | $7.26 | -11.10% | 3.60% | 326,243,000 | December | 2024-12-31 |
| SRG | Seritage Growth Properties, Inc. | 4.1 | NYSE | 2015 | Equity REIT | Public | Shopping Centers | $162,778,000 | N/A | $1.00 | 34.60% | $1.00 | 2019-04-11 | 2019-03-28 | N/A | $-2.82 | $-41,270,000 | $9.54 | $2.43 | $3.33 | $4.13 | N/A | N/A | 7.180 | N/A | 52.360 | 11.17 | 0.403 | 18.02 | 74.55x | 2.293 | $0.26 | N/A | -875.00% | -4.13% | -31.70% | $14,568,000 | $-11,438,000 | $-2.82 | -97.60% | -96.80% | 56,325,000 | December | 2024-12-31 |
| STAG | STAG Industrial, Inc. | 8.2 | NYSE | 2010 | Equity REIT | Public | Industrial | $6,189,603,000 | 4.49% | $0.50 | 1.50% | $0.50 | 2025-07-15 | 2025-04-30 | $1.48 | $1.04 | $560,420,000 | $40.52 | $28.61 | $34.82 | $36.68 | 31.880 | -402.430 | 18.540 | 31.880 | N/A | 8.07 | 1.755 | 11.85 | 15.17x | 0.962 | $4.21 | 24.70% | 36.20% | 2.55% | 5.50% | $767,384,000 | $612,556,000 | $1.04 | 21.10% | 8.70% | 186,618,000 | December | 2024-12-31 |
| STWD | Starwood Property Trust, Inc. | 6.6 | NYSE | 2009 | Mortgage REIT | Public | Mortgage | $6,333,878,000 | 10.30% | $1.92 | 10.30% | $1.92 | 2025-04-15 | 2025-03-31 | $1.92 | $1.10 | N/A | $20.35 | $16.59 | $19.56 | $19.73 | 16.870 | 2.730 | 19.080 | 16.870 | 11.380 | 15.81 | 0.974 | 15.88 | N/A | 1.391 | $1.25 | 89.80% | -23.00% | 0.58% | 5.40% | $400,750,000 | $352,513,000 | $1.10 | -34.20% | -28.10% | 337,743,000 | December | 2024-12-31 |
| SUI | Sun Communities, Inc. | 7.5 | NYSE | 1975 | Equity REIT | Public | Mobile Communities | $16,191,959,000 | 3.05% | $3.76 | 3.00% | $3.76 | 2025-04-15 | 2025-03-31 | $3.76 | $0.72 | $1,228,800,000 | $144.63 | $107.73 | $128.03 | $128.77 | 171.260 | 8.160 | 55.570 | 171.260 | 107.530 | 5.08 | 2.193 | 7.13 | 20.70x | 0.853 | $25.63 | 2.80% | 14.20% | 2.10% | 1.50% | $3,190,400,000 | $1,488,600,000 | $0.72 | 139.10% | 2.80% | 127,590,000 | December | 2024-12-31 |
| TRNO | Terreno Realty Corp. | 9.4 | NYSE | 2009 | Equity REIT | Public | Industrial | $5,943,166,000 | 3.40% | $1.96 | 3.30% | $1.92 | 2025-04-04 | 2025-03-27 | $1.88 | $1.92 | $224,660,000 | $70.01 | $48.18 | $63.84 | $64.08 | 30.050 | 7.700 | 36.910 | 30.050 | 79.370 | 15.53 | 1.623 | 17.64 | 22.55x | 1.016 | $4.01 | 48.20% | 37.90% | 2.13% | 5.60% | $382,621,000 | $284,531,000 | $1.92 | 14.00% | 19.90% | 103,019,000 | December | 2024-12-31 |
| TWO | Two Harbors Investment Corp. | 6.1 | NYSE | 2009 | Mortgage REIT | Public | Mortgage | $1,141,132,000 | 16.40% | $1.80 | 16.40% | $1.80 | 2025-04-29 | 2025-04-04 | $1.80 | $2.37 | N/A | $13.78 | $10.16 | $13.06 | $12.80 | 4.629 | 3.590 | 14.670 | 4.629 | 5.900 | 1.84 | 0.750 | 5.23 | N/A | 1.393 | $6.01 | 47.90% | 114.00% | 2.35% | 13.80% | $622,055,000 | $601,986,000 | $2.37 | -76.30% | -42.90% | 104,023,000 | December | 2024-12-31 |
| UDR | UDR Inc. | 7.5 | NYSE | 1972 | Equity REIT | Public | Residential | $15,403,152,000 | 4.17% | $1.72 | 4.10% | $1.71 | 2025-04-30 | 2025-04-10 | $1.70 | $0.26 | $1,003,089,000 | $46.11 | $34.81 | $43.09 | $43.18 | 158.810 | -4.530 | 10.280 | 158.810 | 68.490 | 9.06 | 3.981 | 11.72 | 19.58x | 0.773 | $5.16 | 5.30% | 20.40% | 1.75% | 2.00% | $1,700,177,000 | $1,131,410,000 | $0.26 | -37.70% | 5.40% | 331,182,000 | December | 2024-12-31 |
| UE | Urban Edge Properties | 7.3 | NYSE | 2014 | Equity REIT | Public | Shopping Centers | $2,413,545,000 | 4.16% | $0.76 | 3.80% | $0.70 | 2025-03-31 | 2025-03-14 | $0.68 | $0.60 | $241,827,000 | $23.42 | $15.66 | $19.24 | $20.61 | 30.470 | 6.590 | 10.190 | 30.470 | 91.740 | 5.42 | 1.797 | 8.86 | 12.90x | 1.299 | $3.67 | 16.30% | 23.80% | 1.83% | 5.80% | $444,966,000 | $284,370,000 | $0.60 | -87.50% | 9.20% | 125,666,000 | December | 2024-12-31 |
| UHT | Universal Health Realty Income Trust | 7.1 | NYSE | 1986 | Equity REIT | Public | Healthcare | $531,586,000 | 7.66% | $2.94 | 7.60% | $2.93 | 2025-03-31 | 2025-03-24 | $2.92 | $1.39 | $65,320,000 | $45.60 | $30.80 | $39.77 | $40.89 | 27.610 | N/A | 12.960 | 27.610 | N/A | 5.30 | 2.942 | 9.09 | 12.77x | 0.879 | $7.27 | 19.20% | 38.40% | 4.04% | 10.10% | $100,290,000 | $94,809,000 | $1.39 | 29.80% | 1.60% | 13,850,600 | December | 2024-12-31 |
| UMH | UMH Properties, Inc. | 8.1 | NYSE | 1968 | Equity REIT | Public | Mobile Communities | $1,427,404,000 | 5.21% | $0.86 | 5.00% | $0.86 | 2025-06-16 | 2025-05-15 | $0.85 | $0.03 | $103,169,000 | $20.16 | $14.23 | $18.04 | $18.56 | 576.330 | -14.500 | 7.250 | 576.330 | 100.000 | 5.94 | 2.357 | 9.15 | 20.21x | 1.154 | $3.24 | 9.00% | 17.10% | 1.79% | 2.60% | $240,176,000 | $130,928,000 | $0.03 | -99.60% | 8.80% | 82,557,000 | December | 2024-12-31 |
| UNIT | Uniti Group, Inc. | 4.7 | NASDAQ | 2014 | Equity REIT | Public | Infrastructure | $1,160,088,000 | 10.10% | $0.60 | 12.60% | $0.60 | 2024-06-28 | 2024-06-14 | $0.30 | $0.38 | $882,797,000 | $6.31 | $2.57 | $5.13 | $5.09 | 12.500 | 0.292 | -10.320 | 12.500 | 10.600 | 0.95 | N/A | 5.86 | 7.78x | 1.586 | $4.92 | 8.00% | 50.30% | 6.89% | N/A | $1,166,927,000 | $987,816,000 | $0.38 | -37.70% | 2.70% | 244,229,000 | December | 2024-12-31 |
| VNO | Vornado Realty Trust | 5.9 | NYSE | 1982 | Equity REIT | Public | Office | $6,923,396,000 | 2.14% | $2.96 | 5.60% | $1.95 | 2024-12-27 | 2024-12-16 | $0.74 | $0.04 | $820,799,000 | $45.86 | $22.05 | $38.17 | $38.00 | 862.750 | 9.100 | 20.830 | 862.750 | 555.560 | 3.64 | 1.651 | 8.95 | 18.17x | 1.486 | $9.97 | 3.70% | 20.90% | 1.46% | 0.30% | $1,900,150,000 | $972,354,000 | $0.04 | -25.00% | 6.30% | 191,948,000 | December | 2024-12-31 |
| VTR | Ventas, Inc. | 7.4 | NYSE | 1998 | Equity REIT | Public | Healthcare | $29,732,825,000 | 2.83% | $1.92 | 2.70% | $1.83 | 2025-04-17 | 2025-03-31 | $1.80 | $0.19 | $1,875,023,000 | $71.36 | $41.38 | $66.63 | $61.95 | 357.530 | 1.846 | 24.640 | 357.530 | 181.820 | 6.08 | 2.748 | 8.62 | 21.92x | 1.041 | $11.87 | 1.70% | 16.00% | 1.80% | 0.80% | $4,889,015,000 | $2,062,112,000 | $0.19 | -81.60% | 10.90% | 437,698,000 | December | 2024-12-31 |
| WHLR | Wheeler Real Estate Investment Trust Inc | 4.1 | NASDAQ | 2011 | Equity REIT | Public | Shopping Centers | $1,446,500 | N/A | $1.68 | 116.80% | $1.60 | 2018-04-15 | 2018-03-28 | N/A | $-6,204.53 | $55,058,000 | $15,190.00 | $1.30 | $8.91 | $324.16 | N/A | N/A | -1,076.060 | N/A | N/A | 0.01 | N/A | 5.66 | 10.64x | 1.905 | $7,455.83 | -9.20% | 32.90% | 3.14% | 0.60% | $104,307,000 | $69,207,000 | $-6,204.53 | N/A | 6.00% | 1,033,200 | December | 2024-12-31 |
| WPC | W.P. Carey, Inc. | 7.6 | NYSE | 1973 | Equity REIT | Public | Retail | $13,613,738,000 | 5.73% | $3.56 | 5.70% | $3.52 | 2025-04-15 | 2025-03-31 | $3.49 | $2.09 | $1,309,572,000 | $65.16 | $50.25 | $61.19 | $58.57 | 29.750 | N/A | 38.520 | 29.750 | 24.630 | 8.64 | 1.615 | 13.27 | 16.15x | 0.832 | $7.16 | 29.20% | 52.40% | 2.81% | 5.40% | $1,576,386,000 | $1,455,843,000 | $2.09 | -67.80% | -2.40% | 218,976,000 | December | 2024-12-31 |
| DSHK | Drive Shack Inc. | N/A | OTC | 1998 | Equity REIT | Public | Entertainment | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| WSR | Whitestone REIT, Inc. | 7.2 | NYSE | 1998 | Equity REIT | Public | Shopping Centers | $678,847,000 | 4.10% | $0.18 | 1.40% | $0.18 | 2025-06-12 | 2025-05-01 | $0.49 | $0.73 | $85,181,000 | $15.16 | $10.77 | $13.79 | $13.79 | 18.160 | N/A | 8.640 | 18.160 | N/A | 4.40 | 1.530 | 8.34 | 12.14x | 0.882 | $3.07 | 23.90% | 35.00% | 2.79% | 8.70% | $154,261,000 | $108,283,000 | $0.73 | 989.00% | 13.40% | 50,895,000 | December | 2024-12-31 |
| XHR | Xenia Hotels & Resorts, Inc. | 6.4 | NYSE | 2014 | Equity REIT | Public | Hotel | $1,048,737,000 | 5.66% | $0.56 | 5.10% | $0.50 | 2025-04-15 | 2025-03-31 | $0.48 | $0.15 | $215,618,000 | $16.17 | $8.55 | $12.51 | $14.05 | 66.000 | N/A | 12.270 | 66.000 | 63.290 | 1.01 | 0.808 | 2.18 | 10.15x | 1.399 | $10.20 | 1.60% | 7.90% | 1.90% | 1.30% | $1,039,047,000 | $252,314,000 | $0.15 | 24.50% | 3.30% | 101,436,000 | December | 2024-12-31 |
| SVC | Service Properties Trust, Inc. | 5.0 | NASDAQ | 1995 | Equity REIT | Public | Retail | $309,943,000 | 2.15% | $0.04 | 12.60% | $0.23 | 2025-05-15 | 2025-04-22 | $0.42 | $-1.64 | $555,825,000 | $6.16 | $1.71 | $2.54 | $3.55 | N/A | N/A | 5.110 | N/A | 21.140 | 0.16 | 0.364 | 3.10 | 12.70x | 1.792 | $11.47 | -14.50% | 6.50% | 1.59% | -26.50% | $1,896,928,000 | $596,064,000 | $-1.64 | -66.20% | 2.80% | 166,637,000 | December | 2024-12-31 |
| CLPR | Clipper Realty, Inc. | 5.8 | NYSE | 2015 | Equity REIT | Public | Residential | $155,843,000 | 10.30% | $0.38 | 10.40% | $0.38 | 2025-04-03 | 2025-03-19 | $0.38 | $-0.25 | $71,065,000 | $6.84 | $3.18 | $4.10 | $4.71 | N/A | N/A | -0.335 | N/A | N/A | 1.05 | 215.520 | 8.78 | 18.54x | 0.976 | $9.23 | -1.70% | 28.80% | 2.01% | -399.90% | $148,775,000 | $84,842,000 | $-0.25 | N/A | 9.10% | 16,146,500 | December | 2024-12-31 |
| CHCT | Community Healthcare Trust | 7.9 | NYSE | 2014 | Equity REIT | Public | Healthcare | $453,430,000 | 11.70% | $1.87 | 11.60% | $1.86 | 2025-03-05 | 2025-02-24 | $1.86 | $-0.23 | $74,821,000 | $25.63 | $14.32 | $18.15 | $19.02 | N/A | N/A | 17.840 | N/A | 37.310 | 3.92 | 0.953 | 8.11 | 14.62x | 0.632 | $4.36 | -2.80% | 28.00% | 2.01% | -0.60% | $115,786,000 | $92,952,000 | $-0.23 | -73.10% | 0.60% | 28,339,400 | December | 2024-12-31 |
| CTO | CTO Realty Growth, Inc. | 6.9 | NYSE | 1902 | Equity REIT | Public | Retail | $597,477,000 | 8.45% | $1.52 | 8.40% | $1.52 | 2025-03-31 | 2025-03-13 | $1.52 | $-0.35 | $74,774,000 | $20.46 | $15.59 | $18.96 | $19.29 | N/A | N/A | 19.350 | N/A | 121.950 | 4.80 | 0.975 | 8.70 | 12.86x | 0.445 | $4.91 | -1.60% | -20.40% | 0.57% | -0.40% | $124,519,000 | $91,297,000 | $-0.35 | 156.40% | 19.60% | 32,937,000 | December | 2024-12-31 |
| CCI | Crown Castle International Corp. | 7.1 | NYSE | 1994 | Equity REIT | Public | Infrastructure | $45,106,606,000 | 6.04% | $6.26 | 6.00% | $6.26 | 2025-03-31 | 2025-03-14 | $6.26 | $-8.98 | $3,973,000,000 | $117.05 | $82.81 | $97.01 | $102.71 | N/A | 2.805 | -0.306 | N/A | 50.760 | 6.87 | 8.860 | 11.20 | 20.71x | 0.952 | $15.13 | -59.40% | 35.30% | 3.99% | -124.90% | $6,568,000,000 | $4,721,000,000 | $-8.98 | 14.20% | -1.50% | 435,434,000 | December | 2024-12-31 |
| EQIX | Equinix, Inc. | 8.5 | NASDAQ | 1998 | Equity REIT | Public | Data Centers | $77,291,135,000 | 2.37% | $18.76 | 2.20% | $17.47 | 2025-03-19 | 2025-02-26 | $17.04 | $8.53 | $3,625,000,000 | $988.89 | $670.30 | $860.65 | $873.20 | 92.630 | 3.189 | 139.050 | 92.630 | 57.470 | 8.85 | 5.630 | 10.46 | 26.60x | 0.945 | $91.53 | 9.30% | 17.70% | 2.97% | 6.30% | $8,737,000,000 | $4,270,000,000 | $8.53 | 5.80% | 6.90% | 97,818,000 | December | 2024-12-31 |
| FREVS | First REIT of New Jersey | 4.6 | OTC | 1961 | Equity REIT | Public | Residential | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| GMRE | Global Medical REIT, Inc. | 8.0 | NYSE | 2011 | Equity REIT | Public | Healthcare | $1,017,257,000 | 11.40% | $0.84 | 11.20% | $0.84 | 2025-04-09 | 2025-03-21 | $0.84 | $0.01 | $84,412,000 | $9.73 | $6.75 | $8.29 | $8.78 | 748.000 | -26.280 | 6.870 | 748.000 | 45.870 | 7.33 | 1.071 | 8.77 | 13.27x | 1.166 | $2.10 | 4.80% | 18.30% | 1.63% | 1.20% | $138,760,000 | $138,605,000 | $0.01 | -43.10% | 6.60% | 66,879,000 | December | 2024-12-31 |
| GNL | Global Net Lease, Inc. | 6.1 | NYSE | 2011 | Equity REIT | Public | Office | $1,741,164,000 | 10.00% | $0.76 | 13.40% | $1.02 | 2025-04-16 | 2025-04-11 | $1.18 | $-0.76 | $596,152,000 | $8.23 | $5.83 | $7.62 | $7.84 | N/A | N/A | 9.480 | N/A | N/A | 2.16 | 0.793 | 7.72 | 10.93x | 1.162 | $3.49 | -16.30% | 31.50% | 1.99% | -5.50% | $805,010,000 | $656,487,000 | $-0.76 | 333.00% | -3.70% | 228,730,000 | December | 2024-12-31 |
| INVH | Invitation Homes Inc. | 7.9 | NYSE | 2012 | Equity REIT | Public | Single Family Homes | $20,605,127,000 | 3.45% | $1.16 | 3.40% | $1.14 | 2025-04-17 | 2025-03-27 | $1.13 | $0.74 | $1,427,759,000 | $36.86 | $29.37 | $33.03 | $33.78 | 45.430 | 13.420 | 15.930 | 45.430 | 50.250 | 7.95 | 2.112 | 10.93 | 18.64x | 0.861 | $4.23 | 17.50% | 27.60% | 2.35% | 4.60% | $2,590,497,000 | $1,517,734,000 | $0.74 | 9.50% | 5.80% | 612,883,000 | December | 2024-12-31 |
| KW | Kennedy Wilson, Inc. | 4.1 | NYSE | 1977 | Equity REIT | Public | Residential | $937,074,000 | 7.07% | $0.48 | 7.10% | $0.48 | 2025-04-04 | 2025-03-31 | $0.60 | $-0.56 | $195,400,000 | $11.57 | $6.34 | $8.58 | $10.04 | N/A | -2.710 | 5.900 | N/A | N/A | 1.83 | 1.155 | 11.84 | 16.31x | 1.011 | $3.71 | -6.50% | 9.50% | 0.42% | -2.00% | $511,600,000 | $354,000,000 | $-0.56 | -39.80% | 25.10% | 138,008,000 | December | 2024-12-31 |
| LAMR | Lamar Advertising Company, Inc. | 7.0 | NASDAQ | 1902 | Equity REIT | Public | Outdoor Advertising | $10,973,549,000 | 5.79% | $6.20 | 5.40% | $5.90 | 2025-03-28 | 2025-03-14 | $5.40 | $3.59 | $994,044,000 | $136.14 | $99.84 | $118.01 | $124.01 | 30.360 | 7.430 | 10.230 | 30.360 | 29.500 | 4.96 | 10.480 | 7.01 | 15.45x | 1.368 | $21.63 | 16.40% | 6.70% | 5.05% | 32.10% | $2,212,197,000 | $1,484,322,000 | $3.59 | 5.10% | 4.40% | 88,108,000 | December | 2024-12-31 |
| PCH | Potlatch Corporation | 5.9 | NASDAQ | 1903 | Equity REIT | Public | Timber | $3,128,519,000 | 4.53% | $1.80 | 4.50% | $1.80 | 2025-03-31 | 2025-03-07 | $1.80 | $0.28 | $145,492,000 | $47.65 | $35.95 | $44.12 | $42.72 | 141.890 | 4.360 | 25.900 | 141.890 | 47.850 | 2.95 | 1.497 | 3.70 | 26.19x | 1.139 | $13.40 | 2.10% | 5.20% | 0.63% | 1.00% | $1,062,076,000 | $116,404,000 | $0.28 | -86.20% | 1.40% | 78,744,000 | December | 2024-12-31 |
| WY | Weyerhaeuser Co. | 6.0 | NYSE | 1900 | Equity REIT | Public | Timber | $18,734,162,000 | 3.25% | $0.84 | 3.10% | $0.81 | 2025-03-21 | 2025-03-07 | $0.80 | $0.54 | $1,171,000,000 | $33.58 | $24.10 | $28.98 | $30.33 | 47.800 | 1.296 | 13.390 | 47.800 | 28.330 | 2.63 | 1.927 | 3.25 | 19.33x | 1.272 | $9.78 | 5.60% | 6.80% | 2.50% | 4.00% | $7,124,000,000 | $1,313,000,000 | $0.54 | -63.30% | -3.70% | 725,849,000 | December | 2024-12-31 |
| PLYM | Plymouth Industrial REIT Inc. | 7.8 | NYSE | 2011 | Equity REIT | Public | Industrial | $662,766,000 | 6.71% | $0.96 | 6.60% | $0.96 | 2025-04-30 | 2025-03-31 | $0.96 | $3.11 | $115,524,000 | $23.78 | $12.70 | $16.24 | $19.67 | 4.678 | N/A | 12.770 | 4.678 | N/A | 3.43 | 1.144 | 6.51 | 4.82x | 1.224 | $4.30 | 72.10% | 7.90% | 1.38% | 26.50% | $193,210,000 | $131,492,000 | $3.11 | 1,495.00% | -16.50% | 45,550,900 | December | 2024-12-31 |
| VICI | VICI Properties Inc. | 8.7 | NYSE | 2016 | Equity REIT | Public | Entertainment | $34,385,019,000 | 5.32% | $1.73 | 5.30% | $1.71 | 2025-04-03 | 2025-03-20 | $1.70 | $2.56 | $3,544,492,000 | $33.57 | $26.28 | $31.50 | $31.35 | 12.710 | N/A | 25.120 | 12.710 | 11.710 | 8.93 | 1.296 | 13.38 | 14.46x | 0.725 | $3.68 | 69.60% | 85.10% | 4.95% | 10.30% | $3,849,205,000 | $3,817,743,000 | $2.56 | -19.00% | 4.70% | 1,056,700,000 | December | 2024-12-31 |
| ALEX | Alexander & Baldwin, Inc. | 7.7 | NYSE | 1869 | Equity REIT | Public | Shopping Centers | $1,223,733,000 | 5.35% | $0.90 | 5.30% | $0.90 | 2025-04-07 | 2025-03-14 | $0.89 | $0.88 | $118,266,000 | $19.56 | $15.02 | $17.43 | $18.36 | 19.120 | 4.480 | 13.820 | 19.120 | 26.320 | 5.07 | 1.219 | 7.04 | 13.21x | 1.052 | $3.32 | 25.10% | 29.30% | 3.09% | 6.40% | $241,197,000 | $112,202,000 | $0.88 | 33.30% | 19.60% | 72,711,000 | December | 2024-12-31 |
| BRT | BRT Apartments Corp. | 7.1 | NYSE | 1972 | Equity REIT | Public | Residential | $294,546,000 | 6.43% | $1.00 | 6.40% | $1.00 | 2025-04-04 | 2025-03-27 | $1.00 | $-0.52 | $37,854,000 | $19.66 | $14.61 | $17.29 | $17.86 | N/A | N/A | 10.910 | N/A | N/A | 3.03 | 1.437 | 7.85 | 19.41x | 0.938 | $5.48 | -10.10% | 12.50% | 1.05% | -4.50% | $97,274,000 | $53,449,000 | $-0.52 | -69.60% | 2.20% | 18,929,700 | December | 2024-12-31 |
| JBGS | JBG SMITH Properties | 6.0 | NYSE | 1957 | Equity REIT | Public | Office | $1,287,778,000 | 4.59% | $0.70 | 4.70% | $0.70 | 2025-01-14 | 2024-12-30 | $0.70 | $-1.61 | $204,471,000 | $18.46 | $13.21 | $15.24 | $16.27 | N/A | N/A | 21.410 | N/A | N/A | 2.36 | 0.676 | 6.75 | 23.91x | 1.056 | $6.19 | -26.20% | -0.10% | 0.08% | -7.20% | $546,890,000 | $273,411,000 | $-1.61 | 59.50% | -13.40% | 82,048,000 | December | 2024-12-31 |
| SBAC | SBA Communications Corporation | 7.0 | NASDAQ | 1989 | Equity REIT | Public | Infrastructure | $24,744,892,000 | 1.94% | $4.44 | 1.80% | $4.05 | 2025-03-27 | 2025-03-13 | $3.92 | $6.94 | $1,794,580,000 | $250.22 | $180.17 | $216.73 | $219.16 | 33.010 | 1.874 | -47.510 | 33.010 | 26.250 | 9.23 | N/A | 14.81 | 27.01x | 0.828 | $24.89 | 28.00% | 57.30% | 8.83% | N/A | $2,679,634,000 | $2,071,961,000 | $6.94 | 59.50% | 2.80% | 108,028,000 | December | 2024-12-31 |
| SITC | SITE Centers Corp | 7.2 | NYSE | N/A | Equity REIT | Public | Shopping Centers | $624,094,000 | 17.80% | $0.52 | 4.60% | $0.55 | 2024-07-09 | 2024-06-18 | $1.04 | $9.86 | $165,745,000 | $18.15 | $10.20 | $13.18 | $26.63 | 1.207 | N/A | 9.900 | 1.207 | N/A | 2.24 | 1.182 | 3.09 | 1.20x | 1.452 | $5.32 | 190.70% | 0.10% | 0.87% | 39.10% | $278,932,000 | $183,268,000 | $9.86 | 598.00% | -72.20% | 52,445,000 | December | 2024-12-31 |
| SAFE | Safehold Inc. | 6.0 | NYSE | 2016 | Mortgage REIT | Public | Office | $1,097,607,000 | 4.66% | $0.71 | 4.60% | $0.71 | 2025-04-15 | 2025-03-31 | $0.71 | $1.49 | $320,359,000 | $28.06 | $13.68 | $17.59 | $20.73 | 10.260 | 0.650 | 32.810 | 10.260 | 9.680 | 2.82 | 0.468 | 14.52 | 16.57x | 1.319 | $5.45 | 27.20% | 80.50% | 2.86% | 4.60% | $388,662,000 | $384,438,000 | $1.49 | -37.80% | 1.20% | 71,786,000 | December | 2024-12-31 |
| CIGI | Colliers International Group Inc. | 6.7 | TSX | 1972 | Equity REIT | Public | Residential | $5,706,947,000 | 0.26% | $0.60 | 0.50% | $0.60 | 2025-01-14 | 2024-12-31 | $0.30 | $3.24 | $583,012,000 | $156.78 | $100.76 | $123.35 | $137.06 | 35.200 | 1.140 | 26.180 | 35.200 | 17.480 | 1.18 | 4.357 | 1.57 | 12.24x | 1.512 | $96.64 | 3.40% | 8.50% | 3.90% | 10.80% | $4,822,024,000 | $1,922,075,000 | $3.24 | 3.70% | 21.60% | 49,285,000 | December | 2024-12-31 |
| RITM | Rithm Capital Corp. | 5.2 | NYSE | 2013 | Mortgage REIT | Public | Mortgage | $5,377,394,000 | 9.86% | $1.00 | 9.90% | $1.00 | 2025-04-30 | 2025-03-31 | $1.00 | $1.67 | N/A | $11.93 | $9.13 | $11.41 | $11.20 | 6.070 | N/A | 12.560 | 6.070 | 5.170 | 1.42 | 0.823 | 13.05 | N/A | 1.372 | $7.64 | 24.60% | 39.50% | 2.19% | 12.60% | $3,786,887,000 | $3,786,887,000 | $1.67 | -50.60% | 139.00% | 530,315,000 | December | 2024-12-31 |
| SQFT | Presidio Property Trust | 3.4 | NASDAQ | 1999 | Equity REIT | Public | Office | $9,075,500 | N/A | $0.09 | 14.20% | $0.09 | 2023-12-26 | 2023-12-15 | N/A | $-2.25 | $5,137,900 | $1.03 | $0.47 | $0.62 | $0.67 | N/A | N/A | 2.274 | N/A | N/A | 0.48 | 0.342 | 5.45 | 11.21x | 1.439 | $1.53 | -135.40% | 5.30% | -0.15% | -48.00% | $18,925,300 | $12,669,200 | $-2.25 | N/A | 7.60% | 14,154,000 | December | 2024-12-31 |
| IVT | InvenTrust Properties Corp. | 5.0 | NYSE | 2014 | Equity REIT | Public | Retail | $2,127,834,000 | 3.46% | $0.95 | 3.30% | $0.92 | 2025-04-15 | 2025-03-31 | $0.91 | $0.19 | $155,308,000 | $31.15 | $22.92 | $28.94 | $29.01 | 144.580 | N/A | 22.720 | 144.580 | 94.340 | 7.77 | 1.209 | 10.15 | 16.88x | -6.200 | $3.89 | 5.00% | 17.40% | 1.15% | 0.80% | $273,974,000 | $194,120,000 | $0.19 | 201.20% | 10.20% | 77,460,000 | December | 2024-12-31 |
| BNL | Broadstone Net Lease, Inc. | 6.3 | NYSE | 2007 | Equity REIT | Public | Retail | $3,180,945,000 | 7.21% | $1.16 | 7.20% | $1.16 | 2025-04-15 | 2025-03-31 | $1.16 | $0.86 | $365,044,000 | $18.48 | $13.27 | $16.34 | $17.05 | 18.710 | N/A | 15.920 | 18.710 | 23.810 | 7.37 | 1.013 | 11.44 | 12.34x | 1.056 | $2.30 | 37.60% | 48.40% | 2.56% | 5.30% | $431,800,000 | $407,059,000 | $0.86 | 309.70% | 6.80% | 189,051,000 | December | 2024-12-31 |
| CHTH | CNL Healthcare Properties, Inc | N/A | OTC | N/A | Equity REIT | Public, Non-Listed | Healthcare | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| HHH | Howard Hughes Holdings Inc. | N/A | NYSE | N/A | Equity REIT | Public | Office | $3,344,378,000 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $5.79 | $717,132,000 | $87.77 | $57.28 | $73.19 | $74.80 | 11.460 | 5.550 | 55.810 | 11.460 | 33.110 | 1.91 | 1.205 | 4.50 | 11.09x | 1.139 | $35.23 | 11.30% | 34.10% | 3.57% | 9.70% | $1,750,689,000 | $790,346,000 | $5.79 | 351.50% | 214.30% | 50,405,000 | December | 2024-12-31 |
| COLD | Americold Realty Trust | 6.8 | NYSE | 2007 | Equity REIT | Public | Industrial | $5,773,087,000 | 4.69% | $0.92 | 4.40% | $0.89 | 2025-04-15 | 2025-03-28 | $0.88 | $-0.33 | $585,258,000 | $29.59 | $16.66 | $21.25 | $24.55 | N/A | 4.026 | 11.540 | N/A | 98.040 | 2.17 | 1.703 | 3.46 | 23.46x | 0.786 | $9.35 | -3.50% | 8.50% | 1.80% | -2.70% | $2,662,839,000 | $843,025,000 | $-0.33 | -66.70% | -2.00% | 284,720,000 | December | 2024-12-31 |
| BMNM | Bimini Capital Management, Inc. | N/A | OTCMKTS | 2003 | Mortgage REIT | Public | Mortgage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| CHMI | Cherry Hill Mortgage Investment Corp. | 2.7 | NYSE | 2012 | Mortgage REIT | Public | Mortgage | $87,644,000 | 22.10% | $0.60 | 22.10% | $0.60 | 2025-04-30 | 2025-03-31 | $0.60 | $0.07 | N/A | $3.52 | $2.26 | $3.33 | $3.29 | 38.860 | -3.030 | 3.936 | 38.860 | N/A | 1.87 | 0.691 | 9.92 | 5.72x | 1.149 | $1.54 | 25.50% | 65.30% | 0.85% | 5.00% | $46,993,000 | $34,575,000 | $0.07 | -74.40% | 19.90% | 31,625,100 | December | 2024-12-31 |
| MDV | Modiv Inc. | 2.3 | NYSE | 2022 | Equity REIT | Public | Retail | $152,488,000 | 7.65% | $0.39 | 2.50% | $0.39 | 2025-07-15 | 2025-04-30 | $1.15 | $0.25 | $34,521,000 | $17.44 | $12.86 | $15.27 | $15.57 | 61.200 | N/A | 19.140 | 61.200 | 149.250 | 3.25 | 0.802 | 9.00 | 9.91x | -0.250 | $5.05 | 12.80% | 45.10% | 2.26% | 3.00% | $46,907,000 | $43,294,000 | $0.25 | -91.50% | -6.50% | 9,966,500 | December | 2024-12-31 |
| GIPR | Generation Income Properties Inc. | 2.9 | NASDAQ | 2015 | Equity REIT | Public | Retail | $8,164,800 | 16.00% | $0.16 | 10.40% | $0.16 | 2024-06-28 | 2024-06-14 | $0.23 | $-1.64 | $3,836,500 | $4.60 | $1.43 | $1.63 | $2.07 | N/A | N/A | 1.065 | N/A | N/A | 0.84 | 1.409 | 7.97 | 18.63x | -0.065 | $1.89 | -85.50% | 2.00% | -0.49% | -14.50% | $9,762,600 | $7,089,000 | $-1.64 | N/A | -14.50% | 5,443,200 | December | 2024-12-31 |
| GBCS | Selectis Health Inc | 3.4 | OTCMKTS | 1978 | Equity REIT | Public | Healthcare | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| GPMT | Granite Point Mortgage Trust Inc. | 4.2 | NYSE | 2015 | Mortgage REIT | Public | Mortgage | $85,000,000 | 11.50% | $0.20 | 11.60% | $0.20 | 2025-04-15 | 2025-04-01 | $0.30 | $-4.36 | N/A | $4.23 | $1.70 | $2.64 | $2.88 | N/A | N/A | 12.680 | N/A | 47.620 | 8.76 | 0.137 | 24.08 | 13.47x | 1.504 | $-3.28 | N/A | 131.10% | -8.35% | -28.00% | $-165,528,992 | $-170,880,000 | $-4.36 | -95.80% | 82.70% | 48,850,700 | December | 2024-12-31 |
| IOR | Income Opportunity Realty Trust | N/A | NYSE | 1985 | Equity REIT | Public | Office | $72,419,000 | N/A | N/A | N/A | N/A | N/A | 2000-09-15 | N/A | $1.14 | N/A | $19.00 | $15.69 | $17.43 | $17.32 | 15.620 | N/A | 29.990 | 15.620 | N/A | 11.54 | 0.594 | 11.50 | 12.30x | -0.021 | N/A | N/A | N/A | -0.22% | 3.90% | N/A | N/A | $1.14 | -54.20% | N/A | 4,066,200 | December | 2024-12-31 |
| ILPT | Industrial Logistics Properties Trust | 4.8 | NASDAQ | 2017 | Equity REIT | Public | Industrial | $173,960,000 | 1.53% | $0.04 | 1.50% | $0.04 | 2025-05-15 | 2025-04-22 | $0.04 | $-1.46 | $306,027,000 | $5.42 | $2.45 | $3.55 | $4.04 | N/A | N/A | 8.500 | N/A | N/A | 0.39 | 0.309 | 9.85 | 13.53x | 1.991 | $6.73 | -21.60% | 31.50% | 1.58% | -12.60% | $442,322,000 | $379,759,000 | $-1.46 | 56.50% | 1.50% | 66,144,000 | December | 2024-12-31 |
| KREF | KKR Real Estate Finance Trust Inc. | 3.8 | NYSE | 2014 | Mortgage REIT | Public | Mortgage | $624,607,000 | 11.00% | $1.00 | 11.00% | $1.00 | 2025-04-15 | 2025-03-31 | $1.00 | $0.19 | N/A | $12.09 | $8.13 | $10.63 | $11.04 | 47.840 | 5.130 | 14.940 | 47.840 | 11.670 | 6.21 | 0.464 | 28.93 | N/A | 0.928 | $1.45 | 35.40% | 55.70% | 0.49% | 2.50% | $100,618,000 | $77,518,000 | $0.19 | -64.10% | 2,919.00% | 68,714,000 | December | 2024-12-31 |
| SACH | Sachem Capital Corp. | 6.4 | NYSE | 2010 | Mortgage REIT | Public | Mortgage | $47,783,200 | 20.00% | $0.20 | 32.00% | $0.32 | 2025-03-31 | 2025-03-17 | $0.29 | $-0.93 | N/A | $2.96 | $0.96 | $1.10 | $1.81 | N/A | 0.145 | 3.868 | N/A | 11.100 | 2.03 | 0.260 | 13.82 | 12.35x | 1.303 | $-0.04 | N/A | 147.50% | -7.11% | -19.20% | $-2,106,000 | $-2,106,000 | $-0.93 | -21.40% | 487.30% | 47,310,100 | December | 2024-12-31 |
| TCI | Transcontinental Realty Investors, Inc. | 6.8 | NYSE | 1983 | Equity REIT | Public | Office | $243,888,000 | N/A | $0.72 | 2.40% | $0.69 | N/A | 2000-09-15 | N/A | $0.69 | $7,467,000 | $31.92 | $25.50 | $28.25 | $28.56 | 40.910 | N/A | 96.340 | 40.910 | N/A | 5.10 | 0.293 | 7.28 | 11.33x | 0.232 | $5.53 | 12.30% | -15.50% | -0.30% | 0.80% | $47,778,000 | $20,715,000 | $0.69 | -61.60% | -14.90% | 8,639,300 | December | 2024-12-31 |
| TRTX | TPG Real Estate Finance Trust, Inc. | 4.9 | NYSE | 2014 | Mortgage REIT | Public | Mortgage | $576,358,000 | 13.60% | $0.96 | 13.40% | $0.96 | 2025-04-25 | 2025-03-28 | $0.96 | $0.75 | N/A | $8.87 | $6.47 | $8.20 | $8.57 | 9.560 | N/A | 13.750 | 9.560 | 11.110 | 3.87 | 0.509 | 20.74 | N/A | 1.837 | $1.87 | 49.90% | 34.90% | 1.87% | 6.60% | $148,968,000 | $113,342,000 | $0.75 | 197.30% | 111.60% | 80,385,000 | December | 2024-12-31 |
| RHE | Regional Health Properties,Inc. | 4.1 | NYSE | 1991 | Equity REIT | Public | Healthcare | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| RC | Ready Capital Corp. | 4.0 | NYSE | 2007 | Mortgage REIT | Public | Mortgage | $758,214,000 | 11.40% | $0.50 | 21.10% | $0.93 | 2025-04-30 | 2025-03-31 | $1.10 | $-2.52 | N/A | $8.67 | $4.16 | $5.48 | $7.12 | N/A | N/A | 10.610 | N/A | 7.050 | 5.91 | 0.437 | 252.28 | 15.96x | 1.299 | $-1.33 | N/A | 115.10% | -3.65% | -17.90% | $-224,271,008 | $-270,927,008 | $-2.52 | 305.30% | -77.50% | 171,828,000 | December | 2024-12-31 |
| OPI | Office Properties Income Trust | 4.8 | NASDAQ | 2019 | Equity REIT | Public | Office | $25,486,000 | 12.30% | $0.04 | 11.00% | $0.04 | 2025-02-20 | 2025-04-22 | $0.04 | $-2.95 | $272,224,000 | $2.97 | $0.32 | $0.69 | $1.49 | N/A | N/A | 16.510 | N/A | N/A | 0.05 | 0.020 | 4.59 | 10.32x | 1.549 | $9.69 | -27.10% | 15.20% | 1.42% | -11.30% | $501,979,000 | $412,143,000 | $-2.95 | -63.00% | -11.60% | 69,825,000 | December | 2024-12-31 |
| IIPR | Innovative Industrial Properties, Inc. | 7.0 | NYSE | 2016 | Equity REIT | Public | Industrial | $1,462,204,000 | 14.70% | $7.60 | 14.70% | $7.60 | 2025-04-15 | 2025-03-31 | $7.52 | $5.52 | $243,389,000 | $128.98 | $45.44 | $65.15 | $98.55 | 9.350 | N/A | 67.500 | 9.350 | 12.470 | 4.74 | 0.765 | 5.31 | 6.58x | 1.630 | $10.93 | 52.40% | 55.80% | 4.52% | 8.30% | $308,517,000 | $280,045,000 | $5.52 | -6.00% | -3.00% | 28,331,800 | December | 2024-12-31 |
| HOM.U | BSR REIT | 6.7 | TSX | 1956 | Equity REIT | Public | Residential | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| PSTL | Postal Realty Trust, Inc. | 6.1 | NYSE | 2018 | Equity REIT | Public | Office | $406,556,000 | 7.22% | $0.97 | 7.20% | $0.96 | 2025-02-28 | 2025-02-14 | $0.96 | $0.21 | $38,212,000 | $14.60 | $12.21 | $13.63 | $13.92 | 63.950 | N/A | 10.680 | 63.950 | 113.640 | 5.32 | 1.261 | 8.01 | 14.33x | 0.707 | $3.39 | 8.60% | 32.90% | 1.98% | 2.70% | $76,372,000 | $57,398,000 | $0.21 | 332.50% | 25.70% | 23,559,200 | December | 2024-12-31 |
| PINE | Alpine Income Property Trust, Inc. | 7.8 | NYSE | 2019 | Equity REIT | Public | Retail | $257,639,000 | 6.95% | $1.14 | 6.80% | $1.12 | 2025-03-31 | 2025-03-13 | $1.11 | $0.14 | $36,742,000 | $18.49 | $13.84 | $16.32 | $17.12 | 117.640 | N/A | 17.220 | 117.640 | 625.000 | 4.93 | 0.942 | 10.46 | 13.96x | 0.603 | $3.77 | 4.00% | 20.70% | 1.25% | 0.80% | $52,227,000 | $43,834,000 | $0.14 | 75.70% | 19.10% | 14,476,200 | December | 2024-12-31 |
| DHC | Diversified Healthcare Trust | 5.2 | NASDAQ | N/A | Equity REIT | Public | Healthcare | $542,781,000 | 1.78% | $0.04 | 1.80% | $0.04 | 2025-05-15 | 2025-04-22 | $0.04 | $-1.55 | $229,963,000 | $4.21 | $2.00 | $2.51 | $2.89 | N/A | N/A | 8.120 | N/A | N/A | 0.36 | 0.277 | 2.21 | 22.22x | 2.006 | $6.24 | -24.80% | -3.20% | -0.65% | -17.20% | $1,495,427,000 | $256,375,000 | $-1.55 | -68.40% | 5.00% | 241,236,000 | December | 2024-12-31 |
| NTST | NetSTREIT Corp. | 6.9 | NYSE | 2019 | Equity REIT | Public | Retail | $1,355,044,000 | 5.09% | $0.84 | 5.10% | $0.84 | 2025-03-31 | 2025-03-14 | $0.83 | $-0.16 | $125,281,000 | $17.19 | $13.23 | $15.03 | $15.57 | N/A | N/A | 16.310 | N/A | 40.000 | 8.32 | 1.013 | 14.85 | 22.68x | 0.899 | $2.13 | -7.30% | 29.00% | 1.44% | -0.90% | $162,784,000 | $145,003,000 | $-0.16 | -43.90% | 17.90% | 81,699,000 | December | 2024-12-31 |
| CSR | Centerspace | 7.1 | NYSE | N/A | Equity REIT | Public | Residential | $1,022,556,000 | 5.33% | $3.08 | 5.20% | $3.02 | 2025-04-08 | 2025-03-28 | $3.00 | $-1.27 | $130,846,000 | $74.16 | $54.13 | $62.62 | $67.92 | N/A | N/A | 39.110 | N/A | 769.230 | 3.92 | 1.477 | 7.38 | 14.73x | 0.817 | $16.83 | -4.10% | 7.90% | 0.79% | -1.50% | $260,983,000 | $151,911,000 | $-1.27 | N/A | 3.70% | 16,726,600 | December | 2024-12-31 |
| BRSP | BrightSpire Capital, Inc. | 4.4 | NYSE | 2021 | Mortgage REIT | Public | Mortgage | $587,961,000 | 14.20% | $0.64 | 15.10% | $0.68 | 2025-04-15 | 2025-03-31 | $0.72 | $-1.05 | $138,388,000 | $6.16 | $4.16 | $5.64 | $5.81 | N/A | N/A | 8.080 | N/A | 6.000 | 1.64 | 0.561 | 8.07 | 93.01x | 1.614 | $2.82 | -36.80% | 38.10% | 1.59% | -11.70% | $358,805,000 | $189,120,000 | $-1.05 | N/A | -18.80% | 130,658,000 | December | 2024-12-31 |
| DBRG | DigitalBridge Group, Inc. | 3.9 | NYSE | N/A | Equity REIT | Public | Data Centers | $1,451,067,000 | 0.50% | $0.04 | 0.50% | $0.04 | 2025-04-15 | 2025-03-31 | $0.04 | $0.18 | $165,572,000 | $17.66 | $6.41 | $9.58 | $12.14 | 44.110 | N/A | 6.680 | 44.110 | 83.330 | 2.44 | 1.190 | 3.65 | 10.13x | 1.692 | $3.53 | 11.80% | 6.50% | 2.33% | 6.60% | $595,142,000 | $595,142,000 | $0.18 | N/A | -79.10% | 174,312,000 | December | 2024-12-31 |
| HTIA | Healthcare Trust, Inc. | 5.3 | NASDAQ | N/A | Equity REIT | Public | Healthcare | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| ONL | Orion Office REIT Inc. | 3.0 | NYSE | 2021 | Equity REIT | Public | Office | $90,997,000 | 5.06% | $0.08 | 19.80% | $0.32 | 2025-04-15 | 2025-03-31 | $0.40 | $-1.89 | $77,238,000 | $4.21 | $1.46 | $2.83 | $3.66 | N/A | N/A | 13.650 | N/A | N/A | 0.55 | 0.119 | 3.56 | 19.10x | 1.340 | $2.94 | -62.80% | -7.10% | -1.02% | -12.50% | $164,122,000 | $98,432,000 | $-1.89 | N/A | -12.70% | 56,171,000 | December | 2024-12-31 |
| PECO | Phillips Edison & Company, Inc. | 6.9 | NASDAQ | 1991 | Equity REIT | Public | Retail | $5,006,806,000 | 3.40% | $0.41 | 1.10% | $0.41 | 2025-05-01 | 2025-04-15 | $1.19 | $0.51 | $410,970,000 | $39.56 | $29.69 | $35.82 | $36.58 | 70.940 | N/A | 18.540 | 70.940 | 62.500 | 7.57 | 1.955 | 10.20 | 16.13x | 0.399 | $5.39 | 9.50% | 27.30% | 2.18% | 2.60% | $661,392,000 | $471,075,000 | $0.51 | 36.40% | 12.00% | 125,372,000 | December | 2024-12-31 |
| FBRT | Franklin BSP Realty Trust, Inc. | 4.0 | NYSE | N/A | Mortgage REIT | Public | Mortgage | $950,121,000 | 12.90% | $1.42 | 12.50% | $1.42 | 2025-04-10 | 2025-03-31 | $1.42 | $0.84 | N/A | $13.21 | $10.50 | $12.72 | $12.90 | 13.520 | N/A | 15.090 | 13.520 | N/A | 5.44 | 0.758 | 9.72 | 45.85x | 1.235 | $2.14 | 54.90% | 54.10% | 1.55% | 5.60% | $174,755,000 | $165,586,000 | $0.84 | 1.90% | 10.10% | 83,637,000 | December | 2024-12-31 |
| ACR | ACRES Commercial Realty Corp. | 4.1 | NYSE | N/A | Mortgage REIT | Public | Mortgage | $126,810,000 | N/A | N/A | N/A | N/A | 2020-04-28 | 2019-12-30 | N/A | $1.15 | N/A | $23.81 | $12.33 | $20.24 | $16.96 | 14.910 | N/A | 62.200 | 14.910 | N/A | 1.61 | 0.296 | 15.41 | N/A | 1.561 | $10.28 | 37.20% | 10.40% | 1.41% | 6.40% | $78,698,000 | $31,802,000 | $1.15 | 157.90% | 5.90% | 7,394,200 | December | 2024-12-31 |
| VRE | Veris Residential, Inc. | 5.8 | NYSE | N/A | Equity REIT | Public | Residential | $1,689,044,000 | 2.02% | $0.32 | 1.80% | $0.29 | 2025-04-10 | 2025-03-31 | $0.26 | $-0.29 | $125,476,000 | $18.67 | $13.60 | $16.14 | $16.65 | N/A | N/A | 11.840 | N/A | N/A | 6.13 | 1.343 | 11.59 | 22.43x | 1.165 | $2.97 | -8.40% | 13.20% | 0.86% | -2.40% | $275,626,000 | $164,565,000 | $-0.29 | N/A | 2.70% | 92,954,000 | December | 2024-12-31 |
| NREF | NexPoint Real Estate Finance, Inc. | 6.5 | NYSE | N/A | Mortgage REIT | Public | Mortgage | $307,341,000 | 14.80% | $2.00 | 14.30% | $2.00 | 2025-03-31 | 2025-03-14 | $2.00 | $1.05 | N/A | $17.03 | $11.17 | $15.28 | $15.45 | 13.310 | N/A | 19.080 | 13.310 | N/A | 4.21 | 0.740 | 165.34 | N/A | 1.383 | $4.20 | 39.90% | 63.00% | 0.58% | 7.10% | $73,091,000 | $71,506,000 | $1.05 | -57.50% | -0.30% | 17,643,500 | December | 2024-12-31 |
| AFCG | AFC Gamma, Inc. | 3.0 | NASDAQ | N/A | Mortgage REIT | Public | Mortgage | $114,336,000 | 27.10% | $0.92 | 20.60% | $1.04 | 2025-04-15 | 2025-03-31 | $1.62 | $0.64 | N/A | $9.75 | $4.34 | $7.03 | $8.84 | 7.910 | N/A | 9.020 | 7.910 | 6.100 | 2.76 | 0.568 | 8.47 | N/A | 1.231 | $1.99 | 40.50% | -52.60% | 3.19% | 5.30% | $41,494,000 | $41,494,000 | $0.64 | -85.10% | -38.00% | 22,596,000 | December | 2024-12-31 |
| ELME | Elme Communities | 7.0 | NYSE | 2022 | Equity REIT | Public | Residential | $1,348,609,000 | 4.70% | $0.72 | 4.70% | $0.72 | 2025-04-03 | 2025-03-19 | $0.72 | $-0.15 | $119,404,000 | $17.90 | $13.95 | $16.58 | $16.51 | N/A | N/A | 12.290 | N/A | N/A | 5.57 | 1.247 | 8.44 | 16.92x | 0.864 | $2.75 | -5.40% | 10.40% | 0.78% | -1.20% | $241,935,000 | $144,373,000 | $-0.15 | N/A | 4.10% | 88,029,000 | December | 2024-12-31 |
| BHM | Bluerock Homes Trust, Inc. | N/A | NYSE | 2002 | Equity REIT | Public | Residential | $38,366,200 | 5.05% | $0.50 | 6.30% | $0.63 | 2026-01-05 | 2025-06-25 | N/A | $-1.10 | $13,453,000 | $18.82 | $9.30 | $11.46 | $14.19 | N/A | N/A | 35.100 | N/A | N/A | 0.62 | 0.277 | 7.95 | 14.48x | 0.853 | $16.12 | 0.10% | -11.70% | -0.50% | -2.30% | $62,151,000 | $33,037,000 | $-1.10 | N/A | 29.30% | 3,877,800 | December | 2024-12-31 |
| SILA | Sila Realty Trust, Inc. | 0.0 | NYSE | N/A | Equity REIT | Public | Healthcare | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| STRW | Strawberry Fields REIT | N/A | NYSE | N/A | Equity REIT | Public | Healthcare | $609,543,000 | 5.34% | $0.56 | 4.90% | $0.54 | 2025-03-31 | 2025-03-17 | $0.52 | $0.57 | $94,991,000 | $12.81 | $8.13 | $11.63 | $11.51 | 19.250 | N/A | 1.506 | 19.250 | 16.610 | 4.98 | 7.400 | 6.47 | 8.03x | 0.166 | $16.43 | 3.50% | 51.50% | 5.46% | 40.50% | $117,058,000 | $101,842,000 | $0.57 | 52.20% | 19.70% | 12,253,600 | December | 2024-12-31 |
| EFC | Ellington Financial Inc. | 2.4 | NYSE | N/A | Mortgage REIT | Public | Mortgage | $1,105,371,000 | 12.80% | $0.52 | 4.30% | $0.52 | 2025-05-27 | 2025-04-30 | $1.60 | $1.36 | N/A | $14.26 | $10.04 | $12.98 | $12.70 | 8.960 | 0.860 | 13.660 | 8.960 | 9.070 | 3.65 | 0.892 | 55.43 | N/A | 1.572 | $3.49 | 48.10% | 52.40% | 0.94% | 9.50% | $303,226,000 | $303,226,000 | $1.36 | 41.00% | 22.50% | 90,678,000 | December | 2024-12-31 |
| MRTI | Maxus Realty Trust, Inc. | 3.0 | OTC | 1984 | Equity REIT | Public | Residential | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| NXDT | NexPoint Diversified Real Estate Trust | 3.7 | NYSE | N/A | Equity REIT | Public | Retail | $164,672,000 | 16.30% | $0.60 | 16.00% | $0.60 | 2025-03-31 | 2025-02-28 | $0.60 | $-1.28 | $16,070,000 | $7.37 | $3.12 | $4.41 | $5.49 | N/A | N/A | 19.600 | N/A | N/A | 2.01 | 0.200 | 55.84 | N/A | 0.852 | $2.07 | -56.10% | 9.80% | 0.17% | -6.60% | $83,351,000 | $53,061,000 | $-1.28 | N/A | 21.60% | 44,626,500 | December | 2024-12-31 |
Legend - RR: REITRating*, R/S: Revenue per Share, D/E: Debt to Equity Ratio, EV/R: Enterprise Value to Revenue, P/S: Price to Sales, P/B: Price to Book, Peg Ratio: Price/Earnings-to-Growth.
*REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.
Last updated: 2025-04-19 - v2.1