Scaling without slippage
Revenue up 61.6% YoY while gross margin expanded +229.1pp TTM to 329.1%
Measure REITs through AFFO, payout coverage, and cost of capital instead of depreciation-distorted earnings.
REITs are property cash-flow vehicles, not ordinary earnings stories. Depreciation distorts net income, dividend coverage matters, and the real economic questions sit in FFO, AFFO, balance-sheet quality, and cost of capital. The StatsAlpha(TM) REIT framework compares REITs through REIT-native cash metrics, peer percentile ranges, property-quality moat signals, and AFFO-based valuation logic. It is intended for informational analysis, not investment advice.
A quick read on where this framework looks strongest today.
Top slices selected from the strongest data already available for this industry.
Recurring storylines, tone distribution, and representative beats pulled from active companies inside this setup.
Revenue up 61.6% YoY while gross margin expanded +229.1pp TTM to 329.1%
Revenue growing +19.7% YoY vs OpEx +1.0% - 18.7pp operating leverage (OpMargin: 1804.0%)
Revenue growing +61.6% YoY vs OpEx -17.8% - 79.4pp operating leverage (OpMargin: 466.2%)
For informational purposes only. Not investment advice.
Metrics that recur most often across stronger operators in this framework.
Equity REITs
This framework uses all three Trade-Off Ledger axes with industry-specific weights.
Each axis sets a minimum evidence threshold. Higher coverage means the framework needs more supporting signals before the lens is treated as dependable.
Coverage thresholds and enabled metrics across the core trade-off axes.
Median and interquartile range across 282 companies in this framework.
Interquartile ranges show where the middle half of companies cluster, with the median pin marking the center of gravity for each pillar.
Scan the full company universe mapped into the Real Estate Investment Trusts framework using live search across company name, ticker, and industry.
| Company | Market Cap | Score | Price | Strongest Pillar |
|---|---|---|---|---|
|
WELL
Welltower Inc.
REIT - Healthcare Facilities
|
163.86B
|
53.9
Composite
|
$236.92
|
Valuation
70.0
|
|
PLD
Prologis, Inc.
REIT - Industrial
|
131.46B
|
51.6
Composite
|
$140.16
|
Valuation
66.6
|
|
EQIX
Equinix, Inc.
REIT - Specialty
|
102.06B
|
49.2
Composite
|
$1,042.62
|
Valuation
60.2
|
|
REIT - Specialty
|
76.87B
|
58.3
Composite
|
$172.54
|
Valuation
71.9
|
|
REIT - Retail
|
73.68B
|
59.2
Composite
|
$222.91
|
Growth
65.6
|
|
REIT - Specialty
|
61.95B
|
50.1
Composite
|
$193.80
|
Valuation
62.9
|
|
REIT - Retail
|
59.07B
|
52.9
Composite
|
$62.51
|
Efficiency
66.4
|
|
PSA
Public Storage
REIT - Industrial
|
56.22B
|
57.0
Composite
|
$328.40
|
Valuation
67.5
|
|
REIT - Retail
|
45.06B
|
58.9
Composite
|
$56.31
|
Growth
67.9
|
|
VTR
Ventas, Inc.
REIT - Healthcare Facilities
|
44.92B
|
44.4
Composite
|
$93.36
|
Valuation
64.3
|
|
REIT - Specialty
|
35.55B
|
34.8
Composite
|
$121.15
|
Valuation
52.9
|
|
REIT - Industrial
|
35.44B
|
57.4
Composite
|
$21.36
|
Valuation
61.8
|
|
REIT - Specialty
|
33.47B
|
43.9
Composite
|
$75.59
|
Efficiency
65.4
|
|
REIT - Industrial
|
30.82B
|
57.1
Composite
|
$18.50
|
Profitability
61.1
|
|
REIT - Industrial
|
30.42B
|
48.7
Composite
|
$149.54
|
Valuation
61.9
|
|
VICI
VICI Properties Inc.
REIT - Diversified
|
27.89B
|
64.1
Composite
|
$26.74
|
Valuation
74.9
|
|
REIT - Residential
|
26.31B
|
58.3
Composite
|
$187.55
|
Valuation
71.0
|
|
REIT - Residential
|
26.28B
|
47.7
Composite
|
$67.07
|
Efficiency
68.9
|
|
REIT - Specialty
|
23.82B
|
48.8
Composite
|
$21.84
|
Efficiency
59.4
|
|
REIT - Specialty
|
21.69B
|
48.8
Composite
|
$19.72
|
Efficiency
59.4
|
|
REIT - Specialty
|
19.30B
|
48.0
Composite
|
$184.03
|
Valuation
69.4
|
|
REIT - Residential
|
18.74B
|
52.3
Composite
|
$288.10
|
Efficiency
67.2
|
|
REIT - Residential
|
17.45B
|
46.8
Composite
|
$30.37
|
Valuation
62.9
|
|
REIT - Retail
|
16.86B
|
46.6
Composite
|
$24.46
|
Valuation
63.0
|
|
REIT - Mortgage
|
16.66B
|
38.5
Composite
|
$23.04
|
Growth
54.7
|
|
REIT - Specialty
|
16.25B
|
49.9
Composite
|
$160.93
|
Valuation
64.8
|
|
REIT - Specialty
|
16.22B
|
36.3
Composite
|
$25.58
|
Valuation
57.9
|
|
REIT - Hotel & Motel
|
16.08B
|
67.5
Composite
|
$23.29
|
Valuation
76.8
|
|
REIT - Residential
|
16.04B
|
45.0
Composite
|
$134.96
|
Valuation
64.5
|
|
REIT - Diversified
|
15.81B
|
58.1
Composite
|
$71.81
|
Valuation
67.4
|
|
REIT - Healthcare Facilities
|
15.15B
|
48.5
Composite
|
$21.41
|
Valuation
59.3
|
|
REIT - Retail
|
14.86B
|
51.9
Composite
|
$77.12
|
Valuation
61.8
|
|
REIT - Healthcare Facilities
|
14.70B
|
58.2
Composite
|
$48.46
|
Profitability
62.1
|
|
REIT - Residential
|
14.68B
|
47.1
Composite
|
$120.44
|
Efficiency
69.7
|
|
REIT - Mortgage
|
13.30B
|
45.0
Composite
|
$25.31
|
Growth
77.7
|
|
REIT - Mortgage
|
13.16B
|
45.0
Composite
|
$25.90
|
Growth
77.7
|
|
UDR
UDR, Inc.
REIT - Residential
|
12.94B
|
50.3
Composite
|
$38.41
|
Valuation
73.6
|
|
REIT - Mortgage
|
12.71B
|
49.7
Composite
|
$10.84
|
Profitability
71.9
|
|
REIT - Mortgage
|
12.71B
|
50.6
Composite
|
$25.17
|
Profitability
74.5
|
|
REIT - Residential
|
12.29B
|
51.0
Composite
|
$65.17
|
Valuation
70.2
|
|
REIT - Specialty
|
12.15B
|
55.3
Composite
|
$44.14
|
Valuation
67.9
|
|
REIT - Residential
|
12.00B
|
51.7
Composite
|
$34.63
|
Valuation
67.3
|
|
REIT - Residential
|
11.99B
|
45.9
Composite
|
$52.26
|
Valuation
61.5
|
|
REIT - Residential
|
11.46B
|
44.7
Composite
|
$111.93
|
Valuation
64.2
|
|
REIT - Industrial
|
11.29B
|
54.0
Composite
|
$202.74
|
Efficiency
67.5
|
|
BXP
BXP, Inc.
REIT - Office
|
10.65B
|
53.8
Composite
|
$69.71
|
Valuation
67.2
|
|
REIT - Retail
|
10.49B
|
54.7
Composite
|
$118.69
|
Valuation
73.0
|
|
REIT - Healthcare Facilities
|
10.38B
|
47.7
Composite
|
$56.74
|
Growth
73.9
|
|
LINE
Lineage, Inc.
REIT - Industrial
|
9.86B
|
31.4
Composite
|
$42.36
|
Valuation
50.4
|
|
CTRE
CareTrust REIT, Inc.
REIT - Healthcare Facilities
|
9.65B
|
61.7
Composite
|
$41.22
|
Profitability
68.8
|
|
REIT - Retail
|
9.49B
|
49.9
Composite
|
$30.37
|
Valuation
69.8
|
|
REIT - Retail
|
9.35B
|
52.4
Composite
|
$75.63
|
Efficiency
62.3
|
|
REIT - Office
|
9.34B
|
49.9
Composite
|
$17.40
|
Valuation
70.4
|
|
REIT - Office
|
9.24B
|
49.9
Composite
|
$17.42
|
Valuation
70.2
|
|
CUBE
CubeSmart
REIT - Industrial
|
9.04B
|
44.9
Composite
|
$41.77
|
Valuation
62.0
|
|
NNN
NNN REIT, Inc.
REIT - Retail
|
8.92B
|
49.4
Composite
|
$46.84
|
Valuation
61.1
|
|
REIT - Mortgage
|
8.83B
|
52.0
Composite
|
$25.84
|
Profitability
74.9
|
|
REIT - Industrial
|
8.60B
|
50.8
Composite
|
$63.63
|
Valuation
73.2
|
|
REIT - Office
|
8.45B
|
49.4
Composite
|
$49.74
|
Valuation
73.3
|
|
REIT - Residential
|
8.15B
|
52.2
Composite
|
$23.68
|
Efficiency
65.7
|
|
REIT - Retail
|
7.86B
|
55.6
Composite
|
$19.24
|
Valuation
70.5
|
|
REIT - Residential
|
7.81B
|
52.1
Composite
|
$23.35
|
Efficiency
65.7
|
|
REIT - Hotel & Motel
|
7.80B
|
64.2
Composite
|
$120.84
|
Valuation
71.3
|
|
REIT - Industrial
|
7.66B
|
44.5
Composite
|
$36.74
|
Valuation
60.4
|
|
REIT - Industrial
|
7.50B
|
45.4
Composite
|
$37.30
|
Valuation
69.9
|
|
REIT - Industrial
|
7.28B
|
53.8
Composite
|
$68.76
|
Valuation
63.6
|
|
REIT - Healthcare Facilities
|
7.26B
|
35.5
Composite
|
$19.97
|
Efficiency
57.4
|
|
REIT - Office
|
7.16B
|
45.3
Composite
|
$39.50
|
Valuation
60.5
|
|
REIT - Retail
|
6.74B
|
52.4
Composite
|
$30.63
|
Valuation
57.2
|
|
REIT - Retail
|
6.48B
|
47.0
Composite
|
$19.70
|
Valuation
60.2
|
|
REIT - Retail
|
6.47B
|
32.9
Composite
|
$24.40
|
Valuation
56.2
|
|
REIT - Specialty
|
6.32B
|
38.8
Composite
|
$21.79
|
Valuation
57.2
|
|
REIT - Retail
|
6.27B
|
47.0
Composite
|
$19.32
|
Valuation
59.9
|
|
REIT - Mortgage
|
6.10B
|
42.8
Composite
|
$16.45
|
Efficiency
62.2
|
|
REIT - Specialty
|
5.95B
|
45.1
Composite
|
$31.21
|
Valuation
65.8
|
|
REIT - Office
|
5.94B
|
34.4
Composite
|
$21.39
|
Growth
39.5
|
|
REIT - Retail
|
5.87B
|
39.7
Composite
|
$26.75
|
Valuation
62.1
|
|
REIT - Retail
|
5.29B
|
43.0
Composite
|
$40.75
|
Valuation
59.6
|
|
RITM
Rithm Capital Corp.
REIT - Mortgage
|
5.14B
|
46.9
Composite
|
$10.19
|
Efficiency
66.8
|
|
REIT - Healthcare Facilities
|
5.01B
|
50.5
Composite
|
$21.04
|
Efficiency
62.9
|
|
REIT - Office
|
4.98B
|
39.3
Composite
|
$29.62
|
Efficiency
61.1
|
|
REIT - Specialty
|
4.77B
|
54.3
Composite
|
$21.04
|
Valuation
63.5
|
|
REIT - Residential
|
4.70B
|
54.8
Composite
|
$28.98
|
Profitability
58.6
|
|
EPR
EPR Properties
REIT - Specialty
|
4.56B
|
51.0
Composite
|
$62.20
|
Valuation
62.4
|
|
SKT
Tanger Inc.
REIT - Retail
|
4.50B
|
49.8
Composite
|
$39.31
|
Valuation
65.0
|
|
REIT - Industrial
|
4.49B
|
29.7
Composite
|
$14.96
|
Valuation
45.0
|
|
REIT - Office
|
4.45B
|
43.6
Composite
|
$37.97
|
Valuation
59.2
|
|
REIT - Office
|
4.20B
|
51.7
Composite
|
$37.14
|
Valuation
73.0
|
|
REIT - Diversified
|
4.19B
|
58.0
Composite
|
$20.93
|
Efficiency
68.6
|
|
REIT - Residential
|
4.09B
|
40.7
Composite
|
$17.26
|
Valuation
60.8
|
|
REIT - Hotel & Motel
|
3.87B
|
53.3
Composite
|
$16.18
|
Valuation
60.6
|
|
REIT - Mortgage
|
3.74B
|
47.1
Composite
|
$25.10
|
Efficiency
71.6
|
|
REIT - Healthcare Facilities
|
3.69B
|
55.3
Composite
|
$75.30
|
Efficiency
64.2
|
|
REXR-PB
Rexford Industrial Realty, Inc.
REIT - Industrial
|
3.64B
|
47.1
Composite
|
$22.78
|
Valuation
58.5
|
|
REIT - Office
|
3.48B
|
51.9
Composite
|
$31.45
|
Valuation
65.2
|
|
REIT - Retail
|
3.48B
|
48.4
Composite
|
$29.62
|
Efficiency
79.2
|
|
REIT - Industrial
|
3.45B
|
40.8
Composite
|
$43.41
|
Valuation
65.2
|
|
REIT - Office
|
3.44B
|
28.4
Composite
|
$56.36
|
Health
35.9
|
|
REIT - Mortgage
|
3.39B
|
43.6
Composite
|
$24.12
|
Efficiency
60.7
|
|
REIT - Mortgage
|
3.38B
|
43.5
Composite
|
$24.21
|
Efficiency
60.7
|
|
REIT - Mortgage
|
3.35B
|
47.0
Composite
|
$25.07
|
Efficiency
71.6
|
|
REIT - Industrial
|
3.25B
|
36.4
Composite
|
$60.56
|
Valuation
48.6
|
|
REIT - Mortgage
|
3.23B
|
43.4
Composite
|
$22.67
|
Efficiency
60.7
|
|
REIT - Mortgage
|
3.02B
|
43.2
Composite
|
$21.78
|
Efficiency
60.7
|
|
REIT - Hotel & Motel
|
2.96B
|
46.0
Composite
|
$19.87
|
Efficiency
74.9
|
|
REIT - Hotel & Motel
|
2.95B
|
46.0
Composite
|
$19.95
|
Efficiency
74.9
|
|
REIT - Retail
|
2.88B
|
47.7
Composite
|
$21.63
|
Valuation
61.7
|
|
REIT - Mortgage
|
2.87B
|
41.5
Composite
|
$14.15
|
Efficiency
53.4
|
|
REIT - Hotel & Motel
|
2.85B
|
46.7
Composite
|
$14.76
|
Valuation
57.4
|
|
REIT - Retail
|
2.85B
|
40.7
Composite
|
$20.65
|
Valuation
54.9
|
|
REIT - Mortgage
|
2.83B
|
43.8
Composite
|
$12.95
|
Profitability
55.7
|
|
REIT - Hotel & Motel
|
2.81B
|
51.0
Composite
|
$25.02
|
Valuation
62.3
|
|
REIT - Retail
|
2.77B
|
46.5
Composite
|
$33.23
|
Efficiency
63.5
|
|
REIT - Retail
|
2.74B
|
51.4
Composite
|
$25.10
|
Valuation
59.1
|
|
REIT - Healthcare Facilities
|
2.73B
|
34.6
Composite
|
$4.63
|
Health
43.2
|
|
UNIT
Uniti Group Inc.
REIT - Specialty
|
2.70B
|
37.0
Composite
|
$9.54
|
Growth
47.0
|
|
REIT - Mortgage
|
2.53B
|
46.1
Composite
|
$20.34
|
Efficiency
71.1
|
|
REIT - Hotel & Motel
|
2.43B
|
50.7
Composite
|
$12.53
|
Valuation
65.3
|
|
REIT - Industrial
|
2.30B
|
41.8
Composite
|
$22.80
|
Valuation
62.2
|
|
REIT - Healthcare Facilities
|
2.19B
|
27.9
Composite
|
$8.82
|
Valuation
45.1
|
|
REIT - Mortgage
|
2.12B
|
52.5
Composite
|
$16.68
|
Profitability
65.1
|
|
NTST
NetSTREIT Corp.
REIT - Retail
|
2.12B
|
51.9
Composite
|
$20.69
|
Efficiency
79.8
|
|
REIT - Hotel & Motel
|
2.09B
|
56.4
Composite
|
$11.08
|
Efficiency
72.5
|
|
REIT - Retail
|
2.07B
|
54.0
Composite
|
$33.39
|
Valuation
61.9
|
|
REIT - Hotel & Motel
|
2.04B
|
46.5
Composite
|
$18.18
|
Efficiency
78.5
|
|
REIT - Healthcare Facilities
|
2.00B
|
52.4
Composite
|
$39.85
|
Health
60.9
|
|
REIT - Industrial
|
1.98B
|
36.8
Composite
|
$49.15
|
Valuation
51.1
|
|
REIT - Office
|
1.96B
|
47.4
Composite
|
$11.69
|
Efficiency
66.3
|
|
REIT - Mortgage
|
1.94B
|
48.0
Composite
|
$25.05
|
Profitability
60.7
|
|
REIT - Diversified
|
1.91B
|
47.7
Composite
|
$9.23
|
Valuation
62.1
|
|
REIT - Hotel & Motel
|
1.87B
|
56.0
Composite
|
$19.41
|
Valuation
77.8
|
|
REIT - Industrial
|
1.81B
|
51.8
Composite
|
$59.16
|
Efficiency
59.2
|
|
REIT - Residential
|
1.78B
|
35.5
Composite
|
$18.99
|
Valuation
54.4
|
|
REIT - Hotel & Motel
|
1.72B
|
49.0
Composite
|
$11.13
|
Valuation
64.4
|
|
REIT - Mortgage
|
1.70B
|
47.4
Composite
|
$13.60
|
Growth
61.4
|
|
REIT - Healthcare Facilities
|
1.67B
|
49.2
Composite
|
$30.31
|
Efficiency
66.6
|
|
REIT - Retail
|
1.62B
|
49.3
Composite
|
$56.55
|
Valuation
69.6
|
|
REIT - Office
|
1.55B
|
44.4
Composite
|
$4.79
|
Efficiency
68.5
|
|
REIT - Diversified
|
1.54B
|
48.5
Composite
|
$22.83
|
Valuation
60.7
|
|
REIT - Retail
|
1.52B
|
36.7
Composite
|
$20.84
|
Valuation
53.5
|
|
REIT - Diversified
|
1.47B
|
48.4
Composite
|
$22.84
|
Valuation
63.4
|
|
REIT - Office
|
1.46B
|
45.7
Composite
|
$5.21
|
Efficiency
68.5
|
|
REIT - Mortgage
|
1.45B
|
40.3
Composite
|
$22.64
|
Growth
70.3
|
|
REIT - Mortgage
|
1.43B
|
40.3
Composite
|
$22.51
|
Growth
70.3
|
|
REIT - Retail
|
1.38B
|
39.0
Composite
|
$276.89
|
Valuation
55.2
|
|
REIT - Office
|
1.38B
|
46.0
Composite
|
$4.76
|
Efficiency
68.5
|
|
REIT - Retail
|
1.38B
|
42.9
Composite
|
$20.75
|
Valuation
62.0
|
|
REIT - Mortgage
|
1.37B
|
45.1
Composite
|
$6.56
|
Growth
67.4
|
|
REIT - Mortgage
|
1.34B
|
42.2
Composite
|
$6.76
|
Valuation
56.0
|
|
REIT - Residential
|
1.30B
|
41.8
Composite
|
$15.90
|
Health
55.9
|
|
REIT - Mortgage
|
1.27B
|
43.1
Composite
|
$12.12
|
Efficiency
81.0
|
|
LADR
Ladder Capital Corp
REIT - Mortgage
|
1.24B
|
41.6
Composite
|
$9.76
|
Valuation
49.0
|
|
REIT - Office
|
1.17B
|
35.5
Composite
|
$9.48
|
Valuation
47.9
|
|
REIT - Office
|
1.15B
|
50.2
Composite
|
$24.96
|
Valuation
67.5
|
|
SAFE
Safehold Inc. New
REIT - Diversified
|
1.14B
|
47.6
Composite
|
$16.29
|
Valuation
61.9
|
|
REIT - Mortgage
|
1.10B
|
39.3
Composite
|
$11.97
|
Valuation
46.4
|
|
WSR
Whitestone REIT
REIT - Retail
|
986.97M
|
41.3
Composite
|
$18.99
|
Valuation
58.6
|
|
REIT - Industrial
|
979.20M
|
25.3
Composite
|
$21.98
|
Efficiency
60.5
|
|
REIT - Mortgage
|
958.10M
|
41.2
Composite
|
$9.23
|
Efficiency
59.3
|
|
REIT - Mortgage
|
946.40M
|
42.5
Composite
|
$5.35
|
Valuation
51.9
|
|
REIT - Diversified
|
932.80M
|
47.0
Composite
|
$4.84
|
Efficiency
61.8
|
|
REIT - Residential
|
927.20M
|
39.8
Composite
|
$56.68
|
Efficiency
63.6
|
|
REIT - Mortgage
|
911.30M
|
44.5
Composite
|
$9.65
|
Growth
60.4
|
|
REIT - Retail
|
881.10M
|
41.4
Composite
|
$34.01
|
Valuation
60.9
|
|
REIT - Office
|
870.00M
|
35.8
Composite
|
$14.36
|
Efficiency
51.8
|
|
REIT - Hotel & Motel
|
850.87M
|
49.9
Composite
|
$18.65
|
Efficiency
66.7
|
|
JBGS
JBG SMITH Properties
REIT - Office
|
838.90M
|
36.0
Composite
|
$12.16
|
Valuation
52.6
|
|
IIPR-PA
Innovative Industrial Propertie
REIT - Industrial
|
818.56M
|
54.5
Composite
|
$25.10
|
Efficiency
65.9
|
|
REIT - Office
|
780.45M
|
32.1
Composite
|
$20.99
|
Efficiency
53.8
|
|
REIT - Mortgage
|
739.80M
|
43.1
Composite
|
$7.48
|
Profitability
53.8
|
|
REIT - Diversified
|
723.98M
|
52.5
Composite
|
$21.75
|
Valuation
60.0
|
|
REIT - Residential
|
703.10M
|
41.1
Composite
|
$25.53
|
Valuation
65.3
|
|
REIT - Hotel & Motel
|
702.20M
|
46.0
Composite
|
$6.49
|
Efficiency
65.9
|
|
REIT - Mortgage
|
693.10M
|
44.2
Composite
|
$5.12
|
Valuation
62.9
|
|
REIT - Office
|
668.88M
|
56.3
Composite
|
$23.11
|
Growth
68.9
|
|
REIT - Mortgage
|
650.20M
|
46.5
Composite
|
$8.05
|
Valuation
59.4
|
|
REIT - Mortgage
|
635.08M
|
29.2
Composite
|
$4.73
|
Valuation
36.5
|
|
REIT - Mortgage
|
609.55M
|
29.6
Composite
|
$7.91
|
Health
38.8
|
|
REIT - Healthcare Facilities
|
605.10M
|
49.2
Composite
|
$42.72
|
Efficiency
63.6
|
|
REIT - Diversified
|
601.22M
|
53.8
Composite
|
$12.95
|
Valuation
69.5
|
|
REIT - Hotel & Motel
|
588.70M
|
47.3
Composite
|
$12.59
|
Efficiency
78.2
|
|
REIT - Industrial
|
571.30M
|
34.5
Composite
|
$8.78
|
Health
44.1
|
|
REIT - Diversified
|
540.70M
|
51.8
Composite
|
$24.16
|
Valuation
64.6
|
|
REIT - Office
|
533.14M
|
32.2
Composite
|
$3.22
|
Valuation
49.2
|
|
REIT - Healthcare Facilities
|
508.90M
|
45.6
Composite
|
$15.85
|
Efficiency
67.7
|
|
REIT - Diversified
|
486.70M
|
41.0
Composite
|
$6.09
|
Health
59.3
|
|
REIT - Diversified
|
468.90M
|
53.0
Composite
|
$19.83
|
Efficiency
79.0
|
|
REIT - Healthcare Facilities
|
465.70M
|
39.9
Composite
|
$35.13
|
Efficiency
77.6
|
|
REIT - Mortgage
|
464.90M
|
33.0
Composite
|
$7.76
|
Efficiency
46.2
|
|
MITT-PA
AG Mortgage Investment Trust, I
REIT - Mortgage
|
458.61M
|
46.5
Composite
|
$21.41
|
Efficiency
70.3
|
|
REIT - Residential
|
449.91M
|
46.9
Composite
|
$22.34
|
Efficiency
57.5
|
|
REIT - Specialty
|
413.91M
|
44.2
Composite
|
$9.90
|
Efficiency
78.6
|
|
MITT-PB
AG Mortgage Investment Trust, I
REIT - Mortgage
|
410.62M
|
46.3
Composite
|
$20.50
|
Efficiency
70.3
|
|
REIT - Residential
|
401.40M
|
52.3
Composite
|
$2.66
|
Profitability
60.5
|
|
REIT - Specialty
|
366.23M
|
37.9
Composite
|
$8.34
|
Efficiency
72.4
|
|
REIT - Retail
|
334.63M
|
46.4
Composite
|
$19.98
|
Growth
68.6
|
|
REIT - Mortgage
|
316.89M
|
30.9
Composite
|
$1.94
|
Efficiency
68.3
|
|
REIT - Mortgage
|
300.44M
|
50.4
Composite
|
$18.17
|
Valuation
67.7
|
|
REIT - Hotel & Motel
|
292.68M
|
55.1
Composite
|
$13.86
|
Valuation
68.8
|
|
CHMI-PB
Cherry Hill Mortgage Investment
REIT - Mortgage
|
291.77M
|
48.6
Composite
|
$23.92
|
Efficiency
77.7
|
|
REIT - Office
|
282.10M
|
40.0
Composite
|
$6.99
|
Efficiency
68.3
|
|
REIT - Residential
|
281.80M
|
38.2
Composite
|
$14.41
|
Valuation
59.1
|
|
REIT - Mortgage
|
281.42M
|
30.9
Composite
|
$1.71
|
Efficiency
41.0
|
|
REIT - Mortgage
|
247.11M
|
46.8
Composite
|
$7.09
|
Valuation
58.9
|
|
REIT - Mortgage
|
245.62M
|
29.8
Composite
|
$4.87
|
Health
37.1
|
|
REIT - Hotel & Motel
|
230.58M
|
54.4
Composite
|
$17.87
|
Valuation
65.1
|
|
REIT - Mortgage
|
227.77M
|
57.8
Composite
|
$10.27
|
Efficiency
66.5
|
|
REIT - Hotel & Motel
|
226.68M
|
30.2
Composite
|
$8.23
|
Valuation
47.5
|
|
CHMI-PA
Cherry Hill Mortgage Investment
REIT - Mortgage
|
223.60M
|
47.9
Composite
|
$22.12
|
Efficiency
77.7
|
|
REIT - Mortgage
|
222.74M
|
39.2
Composite
|
$9.00
|
Profitability
45.8
|
|
SITC
SITE Centers Corp.
REIT - Retail
|
219.34M
|
37.0
Composite
|
$3.15
|
Health
63.5
|
|
REIT - Diversified
|
219.12M
|
27.4
Composite
|
$4.61
|
Profitability
37.6
|
|
REIT - Mortgage
|
188.90M
|
49.4
Composite
|
$7.69
|
Valuation
56.0
|
|
REIT - Industrial
|
179.53M
|
41.9
Composite
|
$18.13
|
Efficiency
71.3
|
|
REIT - Healthcare Facilities
|
177.90M
|
50.1
Composite
|
$14.17
|
Valuation
58.0
|
|
REIT - Office
|
163.70M
|
47.2
Composite
|
$11.57
|
Efficiency
72.3
|
|
REIT - Office
|
157.99M
|
20.7
Composite
|
$2.82
|
Efficiency
28.3
|
|
REIT - Hotel & Motel
|
140.80M
|
55.3
Composite
|
$2.07
|
Valuation
69.2
|
|
ELME
Elme Communities
REIT - Residential
|
136.80M
|
31.4
Composite
|
$1.62
|
Efficiency
68.3
|
|
REIT - Mortgage
|
124.30M
|
54.4
Composite
|
$15.13
|
Growth
62.0
|
|
CLPR
Clipper Realty Inc.
REIT - Residential
|
123.57M
|
33.0
Composite
|
$2.86
|
Valuation
47.5
|
|
REIT - Hotel & Motel
|
112.34M
|
32.4
Composite
|
$5.08
|
Growth
38.3
|
|
REIT - Mortgage
|
112.20M
|
35.1
Composite
|
$12.06
|
Profitability
40.0
|
|
REIT - Hotel & Motel
|
111.36M
|
32.4
Composite
|
$6.33
|
Growth
38.3
|
|
REIT - Hotel & Motel
|
110.51M
|
32.4
Composite
|
$4.98
|
Growth
38.3
|
|
REIT - Hotel & Motel
|
109.74M
|
32.4
Composite
|
$5.35
|
Growth
38.3
|
|
REIT - Hotel & Motel
|
107.09M
|
32.8
Composite
|
$4.85
|
Valuation
38.6
|
|
REIT - Mortgage
|
106.52M
|
48.8
Composite
|
$7.80
|
Valuation
65.0
|
|
REIT - Mortgage
|
85.65M
|
47.5
Composite
|
$2.41
|
Efficiency
87.8
|
|
REIT - Mortgage
|
68.70M
|
40.3
Composite
|
$2.78
|
Profitability
47.4
|
|
REIT - Hotel & Motel
|
68.26M
|
32.7
Composite
|
$3.28
|
Health
48.2
|
|
REIT - Hotel & Motel
|
68.07M
|
32.7
Composite
|
$1.25
|
Health
48.2
|
|
REIT - Mortgage
|
64.69M
|
31.0
Composite
|
$1.27
|
Efficiency
54.0
|
|
REIT - Hotel & Motel
|
64.23M
|
32.5
Composite
|
$0.05
|
Health
48.2
|
|
REIT - Specialty
|
59.85M
|
45.2
Composite
|
$5.15
|
Efficiency
63.1
|
|
REIT - Office
|
52.80M
|
33.1
Composite
|
$0.45
|
Efficiency
47.6
|
|
REIT - Mortgage
|
48.72M
|
45.8
Composite
|
$0.70
|
Valuation
59.8
|
|
REIT - Mortgage
|
48.70M
|
52.3
Composite
|
$4.12
|
Valuation
68.4
|
|
SOHO
Sotherly Hotels Inc.
REIT - Hotel & Motel
|
46.10M
|
28.1
Composite
|
$2.25
|
Health
48.2
|
|
SACH
Sachem Capital Corp.
REIT - Mortgage
|
42.40M
|
34.6
Composite
|
$0.83
|
Efficiency
57.7
|
|
REIT - Residential
|
37.36M
|
37.0
Composite
|
$8.50
|
Growth
50.5
|
|
REIT - Hotel & Motel
|
20.80M
|
29.4
Composite
|
$3.24
|
Health
33.9
|
|
REIT - Diversified
|
18.29M
|
43.2
Composite
|
$12.17
|
Health
57.1
|
|
REIT - Hotel & Motel
|
16.29M
|
43.1
Composite
|
$1.70
|
Efficiency
56.9
|
|
REIT - Office
|
9.03M
|
29.6
Composite
|
$4.41
|
Health
36.7
|
|
REIT - Retail
|
7.12M
|
35.1
Composite
|
$9.00
|
Growth
42.3
|
|
REIT - Specialty
|
3.40M
|
28.4
Composite
|
$7.74
|
Efficiency
52.2
|
|
REIT - Diversified
|
3.09M
|
34.9
Composite
|
$2.29
|
Health
45.5
|
|
REIT - Diversified
|
905,055
|
33.4
Composite
|
$0.72
|
Efficiency
79.4
|
|
REIT - Retail
|
112,081
|
35.1
Composite
|
$0.44
|
Efficiency
42.4
|
|
REIT - Mortgage
|
-
|
51.5
Composite
|
$25.63
|
Profitability
75.2
|
|
REIT - Mortgage
|
-
|
51.5
Composite
|
$25.22
|
Profitability
75.2
|
|
REIT - Mortgage
|
-
|
51.5
Composite
|
$25.29
|
Profitability
75.2
|
|
REIT - Diversified
|
-
|
44.3
Composite
|
$21.61
|
Growth
53.9
|
|
REIT - Office
|
-
|
35.7
Composite
|
$25.37
|
Efficiency
61.9
|
|
EQC
Equity
REIT - Office
|
-
|
57.5
Composite
|
-
|
Valuation
100.0
|
|
REIT - Diversified
|
-
|
34.7
Composite
|
$0.05
|
Efficiency
79.4
|
|
REIT - Diversified
|
-
|
49.7
Composite
|
$23.91
|
Efficiency
59.4
|
|
REIT - Specialty
|
-
|
29.8
Composite
|
$25.07
|
Health
32.1
|
|
REIT - Specialty
|
-
|
35.3
Composite
|
$22.05
|
Efficiency
69.8
|
|
REIT - Specialty
|
-
|
35.3
Composite
|
$21.44
|
Efficiency
69.8
|
|
GMRE-PA
Global Medical REIT Inc. Series
REIT - Healthcare Facilities
|
-
|
40.0
Composite
|
$24.10
|
Efficiency
70.0
|
|
GRP-UN
Granite Real Estate Inc.
REIT - Industrial
|
-
|
49.7
Composite
|
-
|
Valuation
100.0
|
|
REIT - Mortgage
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
REIT - Healthcare Facilities
|
-
|
32.0
Composite
|
$25.16
|
Health
45.3
|
|
REIT - Healthcare Facilities
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
REIT - Healthcare Facilities
|
-
|
31.7
Composite
|
$25.16
|
Health
48.1
|
|
REIT - Mortgage
|
-
|
43.8
Composite
|
-
|
Efficiency
73.1
|
|
REIT - Mortgage
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
REIT - Mortgage
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
REIT - Mortgage
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
REIT - Mortgage
|
-
|
0.0
Composite
|
$18.81
|
No pillar score
-
|
|
REIT - Office
|
-
|
0.0
Composite
|
$19.05
|
No pillar score
-
|
|
REIT - Office
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
REIT - Specialty
|
-
|
40.3
Composite
|
$41.73
|
Valuation
59.8
|
|
REIT - Diversified
|
-
|
38.8
Composite
|
$6.06
|
Valuation
50.0
|
|
REIT - Diversified
|
-
|
38.8
Composite
|
$0.02
|
Valuation
50.0
|
|
REIT - Retail
|
-
|
49.9
Composite
|
$21.80
|
Health
53.9
|
|
REIT - Retail
|
-
|
49.9
Composite
|
$23.02
|
Health
53.9
|
|
REIT - Retail
|
-
|
0.0
Composite
|
-
|
No pillar score
-
|
|
REIT - Mortgage
|
-
|
41.4
Composite
|
$25.07
|
Efficiency
71.6
|
|
REIT - Retail
|
-
|
35.0
Composite
|
$36.98
|
Growth
42.3
|
Try a broader company name, ticker, sector, or industry keyword.
This framework combines industry-specific diagnostics, moat context, and peer benchmarks so each signal stays grounded in how this business model actually compounds.
We group equity REITs into a dedicated framework because GAAP earnings understate the economics of income-producing real estate. The money-flow layer starts with property revenue and operating expense, then rebuilds owner cash through net income, depreciation add-backs, FFO, maintenance-adjusted AFFO, and dividend payout coverage.
The peer and trade-off layers give extra weight to FFO and AFFO growth, per-share cash metrics, leverage, interest coverage, cost of funds, and payout safety. That reflects how REIT investors usually judge durability: not by generic EPS alone, but by the quality and resilience of cash available for distribution.
The StatsAlpha(TM) moat framework then asks whether a REIT has rent pricing power, high-quality assets, efficient operations, disciplined capital recycling, and an advantaged balance sheet. Valuation follows the same logic by using an AFFO-based engine with terminal multiple, cap-rate, or perpetuity-style outputs rather than a standard corporate DCF. This framework is for informational purposes only, not investment advice.
Each layer answers a different question: where value is created, what protects it, and how execution compares with the rest of the coverage set.
Benchmarks and narrative cues are meant to clarify what the framework is seeing in the data. They are not investment advice.
Coverage starts with the companies that actually operate inside this business model, so peer comparisons stay relevant instead of generic.
The Real Estate Investment Trust layer isolates the cash-flow mechanics, capital demands, and operating risk that matter most for this industry.
We then layer in REIT Specialized, pillar ranges, and peer leaders to show what strong execution looks like relative to the broader cohort.