📰 The Daily REIT Beat Newsletter
#REIT Headlines -- January 13th, 2026 📅
🎯 Ladenburg Thalmann reinstates Whitestone REIT
$WSR with a Buy rating and sets a $17 price target
⬆️ Deutsche Bank upgrades DiamondRock Hospitality
$DRH to Buy from Hold and raises its price target by $2 to $12
⬆️ Barclays upgrades BXP, Inc.
$BXP to Overweight from Equalweight and raises its price target by $4 to $82
⬆️ Barclays upgrades EastGroup Properties Inc
$EGP to Overweight from Equalweight and raises its price target by $28 to $210
⬆️ Barclays upgrades Digital Realty
$DLR to Equalweight from Underweight and raises its price target by $3 to $164
⬇️ Barclays downgrades Lineage
$LINE to Equalweight from Overweight and lowers its price target by $9 to $38
⬇️ Barclays downgrades STAG Industrial, Inc.
$STAG to Underweight from Equalweight and lowers its price target by $1 to $39
🏢 Piedmont Realty Trust
$PDM leased 2.5 million sf, or approximately 16% of its portfolio, during 2025
* Includes 679,000 sf of leases signed during the fourth quarter
* As of December 31, 2025, the Company’s in-service portfolio was 89.6% leased and its out-of-service portfolio, comprised of two projects in Minneapolis and one in Orlando, was 62.4% leased
⚖️ Crown Castle
$CCI announced that DISH Wireless has defaulted on its payment obligations to the company causing it to terminate its wireless infrastructure agreement
* Company “exercised its right to terminate the agreement and to recover in excess of $3.5 billion in remaining payments owed (to the Company)”
💰 NETSTREIT Corp.
$NTST announced an update on its fourth quarter and full year 2025 business activities
* Acquired 57 properties during the quarter for $245.4 million and sold 17 properties for $40.4 million
* Introduced 2026 Adjusted FFO guidance of $1.35-$1.39/share
📜 FrontView REIT
$FVR announced results for its fourth quarter and full-year 2025 investment activity
* During the quarter it acquired 7 properties for a purchase price of $41.3 million with a cash yield of 7.46%, a weighted average lease term of 13.1 years, and annual escalators of 1.2%
* Sold 11 properties for an aggregate $17.8 million, including 7 occupied properties with a cash yield of 6.82% and a weighted average lease term of 6.9 years
* For the upcoming quarter, they expect net investment activity to be approximately $25 million with an average cap rate ranging between 7.25% and 7.50%
💵 Ashford Hospitality Trust
$AHT extended its Highland mortgage loan secured by 18 hotels
* Loan was paid down by $10 million to a current balance of $723.6 million
* Suspended its preferred dividends including dividends previously declared for recordholders of the Company's Series D, F, G, H, I, J, K, L and M preferred stock as of December 31, 2025, and payable on January 15, 2026
🪦 COPT Defense Properties
$CDP announced the passing of its former CEO and Trustee, Roger A. Waesche, Jr.
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