REITWAVE.COM Institutional Equity Tear Sheet Generator
Download Vector PDF Export Model (CSV)
REITWAVE.COM | INSTITUTIONAL REAL ESTATE RESEARCH
AS OF: OCTOBER 30, 2026  |  10Y TREASURY: 4.99%  |  SIC 6798

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Sector: Real Estate  •  Exchange / CIK: NYSE / 0000000000  •  Properties: 250 Assets
Trading at a 3.8% discount to NAV
Safety Score: 75/100 (Safe)  |  Credit: BBB

Live Share Price

$50.00
52W Range: $42.50 - $57.50

Valuation Multiples

17.9x P/AFFO
P/FFO: 16.7x  |  FFO/sh: $3.00

Net Asset Value (NAV)

$52.00
Prem/Disc: -3.8%  |  Cap: 6.20%

Dividend Cash Flow

4.00% Yield
$2.00/yr (Quarterly)  |  Payout: 71.4%
Balance Sheet & Debt Maturity Sentry
Net Debt to EBITDAre stands at 5.5x. Portfolio leased occupancy is 95.0% with a weighted average lease term (WALT) of 6.5 years. Senior credit rating of BBB provides institutional capital markets access for debt refinancing.
Recent Dividend Payment History (Last 6 Declarations)
Ex-Dividend Date Record / Pay Date Cash Distribution Status / Corporate Action
2026-09-30 2026-10-15 $0.5000 Regular Distribution
Representative Commercial Asset Concentrations (From SEC Form 10-K Item 2)
Commercial Asset / Property Name Location Rentable Sq Ft Occupancy Implied Asset Valuation
REG.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF Flagship Commercial Portfolio United States Nationwide 31,250,000 sq ft (implied) 95.0% $7,800,000,000
Quantitative Risk & Benchmark Performance (QuantStats • VNQ)
Empirical 252-day trading window compared to Vanguard Real Estate ETF (VNQ) benchmark
METHODOLOGY: QUANTSTATS / CAPM
Beta vs VNQ
0.88
Index Tracking (Market Neutral)
Annualized Alpha (α)
+1.25%
Outperforming VNQ
Sharpe Ratio (vs VNQ)
0.18 vs 0.35
-0.17 Spread
Max Drawdown (1-Yr)
-17.8% vs -11.6%
-6.2% vs VNQ
Cumulative Return (%) Drawdown (%) REG.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF +13.0% VNQ -7.7% 15 -20 0 -22
Quantitative Risk & Return Metric REG.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF VNQ (Benchmark) Institutional Delta / Spread
Beta (β) vs VNQ
Covariance sensitivity to US REIT market
 0.88 1.00 -0.12 (Index Tracking (Market Neutral))
Annualized Alpha (α)
Excess CAPM risk-adjusted performance
 +1.25% 0.00% (Baseline) Outperforming VNQ
Sharpe Ratio (Rf = 4.5%)
Annualized excess return per unit of volatility
 0.18 0.35 -0.17
Sortino Ratio
Downside semi-variance risk-adjusted return
 0.22 0.42 -0.20
Annualized Volatility (σ)
Standard deviation of daily price returns × √252
 17.5% 14.1% +3.4% (Higher Volatility)
Maximum Drawdown (1-Year)
Peak-to-trough capital decline over trailing 12M
 -17.8% -11.6% -6.2% vs VNQ
1-Year Trailing Return (CAGR)
Compounded annual growth rate
 1.8% 4.1% -2.3% Spread
R-Squared (R²) & Correlation
Statistical correlation coefficient against VNQ
 R² 0.52 Corr: 0.72 52% variance explained by VNQ
Trading Session Win Rate
Percentage of positive daily closing sessions
 50.8% 51.9% -1.1% vs Benchmark
QuantStats Analytical Synthesis: REG.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF.PDF displays a Beta of 0.88 relative to VNQ with 0.52 R² correlation. Annualized volatility is 17.5% (3.4% higher than VNQ at 14.1%). Trailing 12-month Alpha stands at +1.25% (Outperforming VNQ) with a Sharpe ratio of 0.18 against 0.35 for VNQ, and a maximum drawdown of -17.8%.
SEC CIK: 0000000000  |  Principal Executive Officer: Executive Management  |  Total PEO Compensation: Reported in DEF 14A (N/A)
Official SEC Accession: 0000726728-26-000010
CONFIDENTIAL INSTITUTIONAL TEAR SHEET • REITWAVE.COM (v1.0.0) • Data Sources: SEC EDGAR Form 10-K / DEF 14A, PR Newswire, Bloomberg/CBRE Comps. For institutional and accredited investor due diligence. Not a solicitation or investment recommendation.