Casey Berman

📰 The Daily REIT Beat Newsletter #REIT Headlines -- March 11th, 2026 📅 ⬇️ Mizuho downgrades VICI Properties Inc. to Neutral from Outperform and maintains its $30 price target ⛳ AH Realty Trust announced the execution of a new retail lease with Atlanta Golf & Social at Southern Post located in Roswell, GA * The contemporary indoor golf and social concept will occupy approximately 4,000 sf of first-generation retail space 📦 SmartStop Self Storage acquired a 1.75-acre parcel of land in Edmonton, Alberta and in partnership with SmartCentres they intend to develop a new Class A four-story self-storage facility with two elevators and approximately 99,650 net rentable sf of storage space featuring 100% climate-controlled units 🏠 Safehold Inc. closed on a ground lease for the development of an Affordable Housing community in Austin, TX * The Low-Income Tax Credit development will provide 348 total units upon delivery in 2028 and will be developed by The NRP Group 🔊 Medical Properties Trust, Inc. issued a statement regarding litigation involving Healthcare Systems of America * “We are aware that the principals of HSA are currently engaged in litigation in which MPT is not involved... we do not expect this situation to impact rent collections moving forward and, in fact, HSA is fully current on rent owed.” ⚖️ Yesterday morning, Equinix announced the appointment of Olivier Leonetti as Chief Financial Officer effective March 16th and succeeds Keith Taylor who is retiring this year Sign up for The Daily REITBeat Newsletter at https://lnkd.in/gghs46fx

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RESEARCH: U.S. commercial real estate is in the early stages of recovery, but the next phase of the cycle is likely to differ meaningfully from past rebounds. Richard Hill, senior managing director and global head of research and strategy at Principal Real Estate (Principal Asset Management), said in an interview with Institutional Real Estate, Inc. (IREI) that rather than a broad-based recovery, he expects a more uneven, K-shaped pattern, with performance increasingly driven by sector, market and asset-level selection. In this environment, returns are expected to rely less on financial tailwinds and more on underlying property fundamentals, particularly net operating income and active asset management. As a result, he sees greater dispersion emerging across strategies, with outcomes increasingly tied to manager skill, selectivity and execution rather than scale alone. https://lnkd.in/gNXkUbca

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