AAT American Assets Trust
Revenue is led by Office (47%) and Retail (22%), with 2 more segments behind.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 10 of 10 yrs, cut at least once
ADC Agree Realty
Agree Realty is a fully integrated REIT primarily focused on the ownership, acquisition, development and management of retail properties net leased to industry leading tenants.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 7 of 7 yrs, never cut
AHRT AH Realty Trust Inc.
We are a self-managed REIT with over four decades of experience managing high-quality properties located primarily in the Mid-Atlantic and Southeastern United States.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
BNL Broadstone Net Lease Inc.
A property business, read on funds from operations and net asset value rather than reported earnings.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 10 of 10 yrs, cut at least once
BRSP BrightSpire Capital Inc.
A property business, read on funds from operations and net asset value rather than reported earnings.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · buybacks at an average near $8.33 · dividend paid 8 of 10 yrs, cut at least once
BXMT Blackstone Mortgage Trust Inc.
Blackstone Mortgage Trust is a real estate finance company that originates, acquires, and manages senior loans and other debt or credit-oriented investments collateralized by or relating to commercial real estate in North America, Europe, and Australia.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
COLD Americold
Americold is a global leader in temperature-controlled logistics and real estate, supporting the safe, efficient movement of food worldwide.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 10 of 10 yrs, never cut
CUBE CubeSmart
We are a self-administered and self-managed real estate company focused primarily on the ownership, operation, development, management, and acquisition of self-storage properties in the United States.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
EPR EPR Properties
Revenue is Experiential Reportable Operating (95%) and Education Reportable Operating (5%).
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 10 of 10 yrs, cut at least once
EPRT Essential Properties
We are an internally managed real estate company that acquires, owns and manages primarily single-tenant properties that are net leased on a long-term basis to middle-market companies operating service-oriented or experience-based businesses.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
EXR Extra Space Storage
Stores offer month-to-month rental of storage space for personal or business use.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · buybacks at an average near $138 · dividend paid 4 of 4 yrs, never cut
FCPT Four Corners Property Trust
We focus on income producing properties leased to high quality tenants in major markets across the United States.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 7 of 7 yrs, cut at least once
FPH Five Point Holdings LLC Class A
Revenue is Great Park (49%), Valencia (39%) and Hearthstone (11%).
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
FPI Farmland Partners Inc.
A property business, read on funds from operations and net asset value rather than reported earnings.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
FRPH FRP Holdings Inc.
A property business, read on funds from operations and net asset value rather than reported earnings.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · buybacks at an average near $22.23
FVR FrontView REIT Inc.
FrontView is an internally-managed net-lease real estate investment trust that is experienced in acquiring, owning and managing properties with frontage that are net leased to a diversified group of tenants.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
GLPI Gaming and Leisure Properties Inc.
A property business, read on funds from operations and net asset value rather than reported earnings.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 10 of 10 yrs, cut at least once
GNL Global Net Lease
We are an internally managed real estate investment trust for United States federal income tax purposes that focuses on acquiring and managing a global portfolio of income producing net lease assets across the U.S. and Western and Northern Europe.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 10 of 10 yrs, cut at least once
GOOD Gladstone Commercial Corp
A property business, read on funds from operations and net asset value rather than reported earnings.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
GOODN Gladstone Commercial Corp
A property business, read on funds from operations and net asset value rather than reported earnings.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
GOODO Gladstone Commercial Corp
A property business, read on funds from operations and net asset value rather than reported earnings.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
GTY Getty Realty
Getty Realty is a publicly traded, net lease real estate investment trust specializing in the acquisition, financing and development of convenience, automotive and other single tenant retail real estate.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 9 of 9 yrs, never cut
HASI HA Sustainable Infrastructure Capital, Inc.
We have long-standing, programmatic relationships with some of the leading U.S. clean energy project developers, owners and operators, utilities, and energy service companies, which provide recurring, investment and fee-generating opportunities, while also enabling scale benefits and operational and transactional efficiencies.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
HHH Howard Hughes Holdings Inc.
Howard Hughes Holdings Inc. is a holding company that owns a real estate development subsidiary, The Howard Hughes Corporation.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
IRM Iron Mountain Inc
We are a global leader in information management services, and we are trusted by more than 240,000 customers in 61 countries, including approximately 95% of the Fortune 1000, to help unlock value and intelligence from their assets through services that transcend the physical and digital worlds.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 10 of 10 yrs, cut at least once
JOE St. Joe Company (The)
Our operations span residential, hospitality, and commercial segments, offering a comprehensive range of real estate activities and lifestyle amenities.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 6 of 10 yrs, never cut
LAMR Lamar Advertising
Lamar Advertising Company is one of the largest outdoor advertising companies in the United States based on number of displays and has operated under the Lamar name since 1902.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · buybacks at an average near $101 · dividend paid 10 of 10 yrs, cut at least once
LAND Gladstone Land Corporation
We are an externally-managed, agricultural real estate investment trust that is primarily in the business of owning and leasing farmland, including through lease structures with a variable rent component based on the gross revenues generated from certain farms in lieu of fixed base rent.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
LANDO Gladstone Land Corp
We are an externally-managed, agricultural real estate investment trust that is primarily in the business of owning and leasing farmland, including through lease structures with a variable rent component based on the gross revenues generated from certain farms in lieu of fixed base rent.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
LANDP Gladstone Land Corp
We are an externally-managed, agricultural real estate investment trust that is primarily in the business of owning and leasing farmland, including through lease structures with a variable rent component based on the gross revenues generated from certain farms in lieu of fixed base rent.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
LINE Lineage Inc.
We are the world's largest global temperature-controlled warehouse REIT, with a modern and strategically located network of properties.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · buybacks at an average near $251 · dividend paid 4 of 4 yrs, cut at least once
MLP Maui Land & Pineapple Company Inc.
A property business, read on funds from operations and net asset value rather than reported earnings.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
MRP Millrose Properties Inc.
A property business, read on funds from operations and net asset value rather than reported earnings.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
NNN NNN REIT
NNN is a fully integrated real estate investment trust formed in 1984.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
NSA National Storage Affiliates
A property business, read on funds from operations and net asset value rather than reported earnings.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · buybacks at an average near $37.07 · dividend paid 10 of 10 yrs, cut at least once
NTST NetSTREIT Corp.
We are an internally managed real estate company that acquires, owns, and manages a diversified portfolio of single-tenant commercial retail properties, subject to long-term net leases with high-credit-quality tenants across the United States.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 6 of 7 yrs, never cut
O Realty Income Corp.
Revenue is Retail (75%), Industrial (15%) and Other (4%).
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 10 of 10 yrs, never cut
OLP One Liberty Properties Inc.
We are a self-administered and self-managed real estate investment trust, also known as a REIT.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
OUT OUTFRONT Media Inc.
OUTFRONT Media is a real estate investment trust that provides advertising space on out-of-home advertising structures and sites in the United States, enabling advertisers to engage with audiences in high-impact in-real-life moments and environments.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 10 of 10 yrs, cut at least once
PINE Alpine Income Property Trust Inc.
Alpine Income Property Trust Inc. operates in two primary business segments: income properties and commercial loans and investments.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · buybacks at an average near $16.29 · dividend paid 5 of 5 yrs, never cut
PSA Public Storage
Public Storage is a Maryland real estate investment trust engaged in the ownership, development, and operation of self-storage facilities and other related operations including tenant reinsurance, third-party self-storage management and bridge lending to third-party self-storage owners.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
PSTL Postal Realty Trust Inc.
We are an internally managed REIT with a focus on acquiring and managing properties leased primarily to the USPS, ranging from last-mile post offices to industrial facilities.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 7 of 7 yrs, never cut
RITM Rithm Capital Corp.
A property business, read on funds from operations and net asset value rather than reported earnings.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
RYN Rayonier Inc. REIT
We are a leading timberland real estate investment trust with assets located in some of the most productive softwood timber growing regions in the United States.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 9 of 9 yrs, never cut
SAFE Safehold Inc. New Common Stock
A property business, read on funds from operations and net asset value rather than reported earnings.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
SKYH Sky Harbour Group Corporation
We are an aviation infrastructure development company building the first nationwide network of Home Base Operator campuses designed exclusively for business aircraft.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
SMA SmartStop Self Storage REIT Inc.
Based on the Inside Self Storage Top-Operators List ranking for 2025, and after accounting for recent market transactions, we are the 10th largest owner and operator of self storage properties in the United States based on rentable square footage.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
STWD Starwood Property Trust, Inc.
A property business, read on funds from operations and net asset value rather than reported earnings.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
TPTA Terra Property Trust, Inc.
We are a real estate investment trust that originates, invests in and manages a diverse portfolio of real estate and real estate-related assets.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
TRC Tejon Ranch Co
We are a diversified real estate development company anchored by the Tejon Ranch Commerce Center, a 20 million-square-foot commercial and industrial development strategically located along Interstate 5 at the gateway between the Los Angeles Basin and California's Central Valley.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
VICI VICI Properties Inc.
We are a Maryland corporation that is primarily engaged in the business of owning and acquiring gaming, hospitality, wellness, entertainment and leisure destinations, subject to long-term triple net leases.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · dividend paid 8 of 8 yrs, never cut
WPC W. P. Carey Inc. REIT
A property business, read on funds from operations and net asset value rather than reported earnings.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied
WY Weyerhaeuser
We manufacture and distribute high-quality wood products, including structural lumber, oriented strand board, engineered wood products and other specialty products.
Owner earnings not applied to a balance-sheet business
Retained capital not applied to a balance-sheet business
Balance sheet a balance-sheet business; the net-cash read is not applied · buybacks at an average near $30.48 · dividend paid 10 of 10 yrs, cut at least once