1. KKR Real Estate Finance's common shares are trading at a 20.28% discount to book value, with preferreds trading at 84.6 cents on the dollar. 2. The mREIT's distributable earnings cover its quarterly dividend payout by 160%. 3. KREF's book value per share saw sequential growth of 6 cents, and liquidity also grew versus the prior quarter.

1. AT&T's high dividend yield of 5.6% does not fully reflect its potential upside due to the inclusion of total shareholder yield, which includes share buybacks and debt paydowns. 2. Share repurchases at discounts can result in wealth transfer from selling shareholders to remaining shareholders. 3. Debt paydowns enhance the company's attractiveness by reducing enterprise value and improving valuation metrics.

1. Enbridge stock has performed well with a nearly 34% total return in 10 months, slightly underperforming the S&P 500. 2. Financial metrics show an increase in net debt and tangible invested capital due to the Dominion deal. 3. Share dilution and financing costs from the Dominion deal are currently weighing on ENB's earnings, but the company is expected to report very good results in Q1 and Q2 of 2025.

1. Realty Income has been upgraded to a Buy due to its potential after a period of underperformance. 2. The company is expanding into Europe, utilizing the favorable market conditions there. 3. The impending rate cuts by the Federal Reserve could support higher valuations for the stock.

1. The article discusses three small-cap REITs: CTO Realty Growth, Alpine Income Property Trust, and Broadstone Net Lease, highlighting their potential for solid total returns from dividends and capital appreciation. 2. It emphasizes the importance of thorough research to identify high-yield small-cap REITs that avoid 'sucker yields' and have the potential for long-term shareholder value growth. 3. The article also mentions the continued rally in REITs and the expectation to provide more actionable investment ideas in the future.

1. Realty Income offers high diversification with over 15,450 properties and a 99% occupancy rate, appealing to dividend-focused investors. 2. The company's forward P/FFO ratio is competitive at 14.3, with a 5.21% dividend yield, though it underperforms in price growth compared to competitors. 3. Inflation and e-commerce pose risks to O's retail-focused tenants, but strategic diversification and potential rate cuts offer stability and growth potential.

1. NewLake Capital Partners has shown resilience post-IPO, recovering from a market low in 2023. 2. The company boasts strong financial health, attractive dividends, and unique opportunities in the cannabis property market. 3. With multiple growth catalysts and undervaluation, NLCP presents a high-risk, high-reward investment opportunity.

1. Enbridge is expanding its utilities segment with $14 billion in acquisitions and its Gulf Coast operations with over $10.2 billion in capital spend. 2. The company expects to generate over $2.9 billion in free cash flow, supporting its 6.9% dividend yield and expansion plans. 3. Enbridge targets 10-12% yearly shareholder returns, focusing on stable utility cash flows and potential growth through Gulf Coast capacity.

1. Medical Properties Trust faces significant challenges with the loss of ownership in Steward hospitals in Massachusetts and potential impacts on future joint ventures. 2. The company has announced another dividend cut and may issue shares, which could be highly dilutive to shareholders. 3. Despite these issues, MPW has managed to raise over $2.5 billion through asset sales, helping to pay off debt, but faces future challenges with upcoming debt maturities and market conditions.

1. Blue Owl Capital Corp III reported a good Q2 performance and announced a merger with its sister company, which is expected to benefit OBDE in terms of valuation uplift and higher net investment income. 2. The merger could also eliminate the last lock-up expiry, potentially supporting the stock price. 3. Portfolio quality remains strong with low non-accruals, and the merger is expected to save around $5m in expenses, boosting net investment income by roughly 2%.

1. Apple Hospitality REIT's Q2 2024 earnings show consistent growth in core metrics. 2. The company's conservative leverage and strong balance sheet support its growth strategy. 3. With a forward P/FFO multiple of 8.6x and a dividend yield of ~7.3%, APLE remains a compelling buy despite market volatility.

1. Essential Properties Realty Trust operates in the e-commerce/recession-resilient property sector with 96.4% ABR from triple-net leases. 2. Q2 2024 performance showed high investment activity, occupancy rates, and solid AFFO per share growth. 3. Despite the closing of the 'bargain' window, potential valuation upside remains.

1. Western Midstream Partners continues to set new volume records in key basins. 2. The completion of new capacity projects and new deals with upstream producers support further growth. 3. Distributions are among the best in the industry, with strong growth potential and the possibility of special distributions each year.

1. MEG Energy's Q2 update shows successful production but weak cash flow due to inventory buildup and initial TMX filling; 2. The company is ready to pay 100% of FCF to shareholders and has initiated a small quarterly dividend; 3. With current commodity strip prices, the company is valued at 15% returns, prompting an upgrade from Hold to Buy.

1. PLD is expected to benefit from market condition improvements in 2025. 2. Management has revised its 2024 guidance for core FFO per share and acquisition volume upwards. 3. PLD maintains solid business metrics and a strong balance sheet with top-tier credit metrics in the industry.

1. The stock market showed enthusiasm for potential rate cuts following the latest CPI report indicating a cooling inflation. 2. REITs are expected to benefit further from rate cuts. 3. Realty Income and VICI Properties are recommended as REIT picks with potential double-digit upside by the end of 2024.

1. The article emphasizes the importance of overcoming hardships in investment stories, using examples like Apple's journey. 2. It recommends Regency Centers and Rexford Industrial Realty as strong investment options in the real estate sector. 3. The author shares personal experiences of financial setbacks and emphasizes the need for diversification and careful investment choices.

1. Prologis, Inc. offers a high dividend yield and a strong track record, making it an attractive income investment. 2. The company focuses on logistics properties linked to e-commerce growth, with a diversified customer base and international operations. 3. Prologis is set to benefit from increasing e-commerce sales, improving consumer sentiment, and fewer new logistics property completions in the future.