Dane Bowler

Summary Pareto upgrades - swapping into strictly superior securities within the same issuer - can materially improve portfolio yield without increasing risk.

Realty Income (O) vs. EastGroup (EGP): how two REITs tackled higher capital costs—EGP paused acquisitions and grew FFO/share, while O chased volume. See more.

One Liberty Properties has transitioned from a diversified REIT to a pure-play industrial REIT focused on fungible logistics warehouses. See why OLP is a Strong Buy.

Summary The aggregate $7.3T market cap of AI service providers far exceeds the realistic total addressable market for AI services.

Summary Strategy preferreds, especially STRC, present significant risk despite a near 13% yield due to volatile, undiversified Bitcoin-backed assets.

Summary VICI Properties (VICI) and NexPoint Residential (NXRT) are high-quality REITs trading at deep discounts despite strong fundamentals and sector headwinds clearing.

Weyerhaeuser (WY) trades at 66% of NAV as timber headwinds fade. Read the full analysis on the REIT here.

Summary Janus Living stands as the only pure-play senior housing REIT, offering direct SHOP exposure and unique sector positioning.

With REIT sector fundamentals improving, I expect the next decade to offer stronger total returns for active strategies. Learn more.

Rotate from hotel REIT common shares into preferreds: PEB.PR.H & CLDT.PR.A offers ~8% yields, up to 38% upside to par, and better safety—read more now.