U.S. Exchanges
Publicly Traded REITs
Comprehensive directory and market analysis of 225+ Publicly Traded REITs driving the U.S. real estate market in 2026.
This page is for informational and educational purposes only and does
not constitute investment advice. Always consult a qualified financial
professional before making investment decisions.
Navigating the landscape of Publicly Traded REITs in 2026 requires an understanding of how high-growth sectors like data centers and industrial logistics are reshaping the market. Currently, over 225 equity and mortgage REITs offer investors a liquid way to access institutional-grade real estate while benefiting from the mandatory 90% income distribution rule. For those seeking large-scale stability, focusing on large-cap REITs provides exposure to established industry titans. Beyond individual stocks, many market participants monitor a full real estate ETF list to gauge broader sector health. This directory provides the tickers, sectors, and essential metrics needed to master the REIT market today.
Key Takeaways
01
Industrial Dominance
Industrial REITs, led by industrial leader Prologis, continue to benefit from e-commerce demand and inventory reshoring trends in 2026.
02
Specialized Growth
Data center and cell tower REITs remain top performers due to the accelerating AI infrastructure build-out and 5G/6G expansion.
03
Dividend Mandates
By law, REITs must distribute 90% of their taxable income to shareholders, resulting in an average equity yield of 3.2% across the sector.
04
Market Liquidity
Investors can explore small-cap options for higher growth potential while maintaining the ability to trade intraday on major U.S. exchanges.
Top Publicly Traded REITs by Market Cap (2026)
These industry leaders represent the largest institutional-grade real estate portfolios currently trading on the NYSE and NASDAQ.
| Rank | Ticker | Company | Sector | Market Cap | YTD % | P/E Ratio | Div Yield |
|---|---|---|---|---|---|---|---|
| 1 | PLD | Prologis | Industrial | $118B | +4.2% | 24.1 | 3.1% |
| 2 | WELL | Welltower | Healthcare | $98B | +6.5% | 31.4 | 2.8% |
| 3 | AMT | American Tower | Towers | $96B | -1.2% | 28.5 | 3.3% |
| 4 | EQIX | Equinix | Data Centers | $88B | +8.1% | 72.4 | 1.9% |
| 5 | SPG | Simon Property | Retail | $61B | +2.4% | 12.8 | 5.2% |
| 6 | PSA | Public Storage | Self-Storage | $52B | +1.1% | 18.9 | 4.1% |
| 7 | DLR | Digital Realty | Data Centers | $48B | +7.6% | 34.5 | 2.9% |
| 8 | VICI | VICI Properties | Gaming | $34B | +3.2% | 11.2 | 5.4% |
| 9 | O | Realty Income | Retail | $32B | -0.5% | 14.1 | 5.8% |
| 10 | AVB | AvalonBay | Residential | $29B | +4.8% | 19.4 | 3.5% |
Market cap data reflects January-April 2026 averages. Yields based on forward annualized distributions.
Publicly Traded REITs — Complete Company List
REITs
A full list of publicly traded REITs can be found by scrolling down or you can access a list of the REITs in each category by the industry links on this page.
- Brixmor Property Group Inc. (BRX)
- DDR Corp. (DDR)
- Kimco Realty Corporation (KIM)
- Regency Centers Corporation (REG)
Real Estate by Market Cap
- Large-Cap Real Estate
- Mid-Cap Real Estate
- Small-Cap Real Estate
- Small-Cap REITs
- Micro-Cap Real Estate
REIT Categories
- Apartment REITs
- Correctional Facility REITs
- Data Center REITs
- Diversified REITs
- Farmland REITs
- Government and Defense REITs
- Health Care and Senior Housing REITs
- Hotel REITs
- Industrial REITs
- Infrastructure REITs
- Life Science REITs
- Mall REITs
- Manufactured Housing REITs
- Mortgage REITs
- Office REITs
- Residential Single-Family Property REITs
- Retail REITs
- Self-Storage REITs
- Shopping Center REITs
- Student Housing REITs
- Timberland REITs
Real Estate by Market Cap
- Large-Cap Real Estate
- Mid-Cap Real Estate
- Small-Cap Real Estate
- Small-Cap REITs
- Micro-Cap Real Estate
REIT Categories
- Apartment REITs
- Correctional Facility REITs
- Data Center REITs
- Diversified REITs
- Farmland REITs
- Government and Defense REITs
- Health Care and Senior Housing REITs
- Hotel REITs
- Industrial REITs
- Infrastructure REITs
- Life Science REITs
- Mall REITs
- Manufactured Housing REITs
- Mortgage REITs
- Office REITs
- Residential Single-Family Property REITs
- Retail REITs
- Self-Storage REITs
- Shopping Center REITs
- Student Housing REITs
- Timberland REITs
REITs: IPOs in 2016
- Global Medical REIT Inc. (GMRE) (IPO June 29, 2016: REIT, healthcare facilities)
- Innovative Industrial Properties, Inc. (IIPR) (IPO December 1, 2016: medical-use cannabis facilities)
- MedEquities Realty Trust, Inc. (MRT) (IPO September 29, 2016: healthcare facilities)
- MGM Growth Properties LLC (MGP) (IPO April 20, 2016: casino resort properties)
REITs IPOs in 2015
- American Farmland Company (AFCO) (IPO in October 2015: invests in farmland throughout the United States)
- Community Healthcare Trust (CHCT) (IPO in May 2015: healthcare facilities)
- Easterly Government Properties, Inc. (DEA) (IPO in February 2015: class A commercial properties that are leased to U.S. Government agencies)
- Great Ajax Corp. (AJX) (IPO in February 2015: focuses on single family mortgage)
- InfraREIT, Inc. (HIFR) (IPO in January 2015: transmission and distribution assets)
- Jernigan Capital, Inc. (JCAP) (IPO in March 2015: mortgage REIT)
- National Storage Affiliates Trust (NSA) (IPO in April 2015: self-storage REIT)
REIT ETFs
- First Trust S&P REIT Index Fund (FRI)
- Guggenheim Wilshire U.S. Real Estate Investment Trust ETF (WREI)
- iShares Cohen & Steers REIT ETF (ICF)
- Market Vectors Mortgage REIT Income ETF (MORT)
- Schwab U.S. REIT ETF (SCHH)
- SPDR Dow Jones REIT ETF (RWR)
- Vanguard REIT ETF (VNQ)
Additional real estate focused ETFs can be located in our
section.
REITs: Comparative Widgets
- Apartment REIT Industry Comparison Widget
- Correctional Facility Industry Comparison Widget
- Data Center Industry Comparison Widget
- Diversified REIT Industry Comparison Widget
- Government REIT Industry Comparison Widget
- Healthcare and Senior Housing REIT Industry Comparison Widget
- Industrial REIT Industry Comparison Widget
- Infrastructure REIT Industry Comparison Widget
- Mall REIT Industry Comparison Widget
- Manufactured Housing REIT Industry Comparison Widget
- Mortgage REIT Industry Comparison Widget
- Office REIT Industry Comparison Widget
- Residential REIT Industry Comparison Widget
- Retail REIT Industry Comparison Widget
- Self-Storage REIT Industry Comparison Widget
- Shopping Center REIT Industry Comparison Widget
- Student Housing REIT Industry Comparison Widget
- Timberland Industry Comparison Widget
REITs: Comparative Widgets
- Apartment REIT Industry Comparison Widget
- Correctional Facility Industry Comparison Widget
- Data Center Industry Comparison Widget
- Diversified REIT Industry Comparison Widget
- Government REIT Industry Comparison Widget
- Healthcare and Senior Housing REIT Industry Comparison Widget
- Industrial REIT Industry Comparison Widget
- Infrastructure REIT Industry Comparison Widget
- Mall REIT Industry Comparison Widget
- Manufactured Housing REIT Industry Comparison Widget
- Mortgage REIT Industry Comparison Widget
- Office REIT Industry Comparison Widget
- Residential REIT Industry Comparison Widget
- Retail REIT Industry Comparison Widget
- Self-Storage REIT Industry Comparison Widget
- Shopping Center REIT Industry Comparison Widget
- Student Housing REIT Industry Comparison Widget
- Timberland Industry Comparison Widget
- Acadia Realty Trust (AKR) (REIT: Shopping centers)
- AG Mortgage Investment Trust, Inc. (MITT) (Mortgage REIT)
- Agree Realty Corporation (ADC) (Retail REIT)
- Alexander’s, Inc. (ALX) (Retail REIT)
- Alexandria Real Estate Equities, Inc. (ARE) (REIT: Life science properties)
- Altisource Residential Corporation (RESI) (REIT: Single family properties)
- American Capital Agency Corp. (AGNC) (Mortgage REIT)
- American Assets Trust, Inc. (AAT) (Diversified REIT: Retail, office and residential)
- American Campus Communities Inc. (ACC) (REIT: Student housing properties)
- American Farmland Company (AFCO) (REIT: farmland)
- American Homes 4 Rent (AMH) (REIT: Single family properties)
- American Tower Corporation (AMT) (REIT: communications real estate)
- Americold Realty Trust (COLD) (IPO January 19, 2018; REIT: temperature-controlled warehouses)
- Annaly Capital Management Inc. (NLY) (Mortgage REIT)
- Anworth Mortgage Asset Corporation (ANH) (Mortgage REIT)
- Apartment Investment and Management Company (AIV) (Apartment REIT)
- Apple Hospitality REIT, Inc. (APLE) (Hotel REIT)
- Apollo Commercial Real Estate Finance (ARI) (Mortgage REIT)
- Arbor Realty Trust (ABR) (Mortgage REIT)
- Ares Commercial Real Estate Corporation (ACRE) (Mortgage REIT)
- Armada Hoffler Properties, Inc. (AHH) (Diversified REIT: Retail and office)
- ARMOUR Residential REIT, Inc. (ARR) (Mortgage REIT)
- Ashford Hospitality Prime, Inc. (AHP) (Hotel REIT)
- Ashford Hospitality Trust Inc. (AHT) (Hotel REIT)
- AvalonBay Communities, Inc. (AVB) (Apartment REIT)
- Blackstone Mortgage Trust Inc. (BXMT) (Mortgage REIT)
- Bluerock Residential Growth REIT, Inc. (BRG) (Apartment REIT)
- Boston Properties, Inc. (BXP) (Office REIT)
- Brandywine Realty Trust (BDN) (Office REIT)
- Brixmor Property Group Inc. (BRX) (REIT: Shopping centers)
- BRT Realty Trust (BRT) (Apartment REIT)
- Camden Property Trust (CPT) (Apartment REIT)
- Capstead Mortgage Corporation (CMO) (Mortgage REIT)
- CareTrust REIT, Inc. (CTRE) (Assisted living, independent living, memory care, skilled nursing)
- CatchMark Timber Trust, Inc. (CTT) (Timberlands)
- CBL & Associates Properties, Inc. (CBL) (REIT: Malls)
- Cedar Realty Trust, Inc. (CDR) (REIT: Shopping centers)
- Chatham Lodging Trust (REIT) (CLDT) (Hotel REIT)
- Cherry Hill Mortgage Investment Corporation (CHMI) (Mortgage REIT)
- Chesapeake Lodging Trust (CHSP) (Hotel REIT)
- Chimera Investment Corporation (CIM) (Mortgage REIT)
- CIM Commercial Trust Corporation (CMCT) (Diversified REIT: Hotel, retail and residential)
- City Office REIT, Inc. (CIO) (Office REIT)
- Clipper Realty Inc. (CLPR) (IPO February 10, 2017; REIT: multi-family residential and commercial properties in the NY metro market)
- Colony NorthStar, Inc. (CLNS) (Diversified REIT: healthcare, hospitality and industrial properties; equity and debt investments)
- Columbia Property Trust, Inc. (CXP) (Office REIT)
- Community Healthcare Trust (CHCT) (IPO in May 2015: smaller healthcare facilities)
- Condor Hospitality Trust, Inc. (CDOR) (Hotel REIT)
- CoreCivic, Inc (CXW) (REIT: Correctional facilities)
- CorEnergy Infrastructure Trust, Inc. (CORR) (Energy infrastructure)
- CoreSite Realty Corporation (COR) (Data Center REIT)
- Corporate Office Properties Trust (OFC) (REIT: Government Properties)
- Cousins Properties Inc. (CUZ) (Office REIT)
- Crown Castle International Corporation (CCI) (REIT: wireless infrastructure, towers, distributed antenna systems)
- CubeSmart (CUBE) (REIT: Self storage properties)
- CyrusOne Inc. (CONE) (Data Center REIT)
- CYS Investments, Inc. (CYS) (Mortgage REIT)
- DCT Industrial Trust Inc. (DCT) (Industrial REIT)
- DDR Corp. (DDR) (REIT: Shopping centers)
- Diamondrock Hospitality Company (DRH) (Hotel REIT)
- Digital Realty Trust, Inc. (DLR) (Data Center REIT)
- Douglas Emmett, Inc. (DEI) (Diversified REIT: Office and multi-family)
- Duke Realty Corporation (DRE)
- Dynex Capital, Inc. (DX) (Mortgage REIT)
- Easterly Government Properties, Inc. (DEA) (REIT: Government Properties)
- EastGroup Properties, Inc. (EGP) (Industrial REIT)
- Education Realty Trust Inc. (EDR) (REIT: Student housing properties)
- Ellington Residential Mortgage REIT (EARN) (Mortgage REIT)
- Empire State Realty Trust, Inc. (ESRT) (Diversified REIT: Retail and office)
- EPR Properties (EPR) (Diversified REIT: Entertainment, recreation and education properties)
- Equinix, Inc. (EQIX) (Data Center REIT)
- Equity Commonwealth (EQC) (Office REIT)
- Equity Lifestyle Properties, Inc. (ELS) (REIT: Manufactured housing properties)
- Equity Residential (EQR) (Apartment REIT)
- Essex Property Trust, Inc. (ESS) (Apartment REIT)
- Extra Space Storage Inc. (EXR) (REIT: Self storage properties)
- Farmland Partners Inc. (FPI) (Farmland)
- Federal Realty Investment Trust (FRT) (Retail REIT)
- First Industrial Realty Trust, Inc. (FR) (Industrial REIT)
- Five Oaks Investment Corp. (OAKS) (Mortgage REIT)
- Four Corners Property Trust, Inc. (FCPT) (Diversified REIT: Restaurant properties)
- Franklin Street Properties Corp. (FSP) (Office REIT)
- Gaming and Leisure Properties, Inc. (GLPI) (Diversified REIT: Gaming properties)
- General Growth Properties, Inc. (GGP) (REIT: Malls)
- Geo Group Inc. (The) (GEO) (REIT: Correctional facilities)
- Getty Realty Corporation (GTY) (Retail REIT)
- Gladstone Commercial Corporation (GOOD) (Diversified REIT: Retail, industrial and office)
- Gladstone Land Corporation (LAND) (Farmland)
- Global Medical REIT Inc. (GMRE) (Healthcare facilities)
- Global Net Lease, Inc. (GNL) (Diversified REIT: Office, industrial and retail properties)
- Global Self Storage, Inc. (SELF) (REIT: Self storage properties)
- Government Properties Income Trust (GOV) (REIT: Government Properties)
- Gramercy Property Trust Inc. (GPT) (Industrial REIT: Office and Industrial Properties)
- Granite Point Mortgage Trust Inc. (GPMT) (IPO June 23, 2017; REIT: senior floating-rate commercial mortgage loans)
- Great Ajax Corp. (AJX) (Mortgage REIT)
- Gyrodyne Company of America, Inc. (GYRO) (Medical offices)
- Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) (Energy efficiency and renewable energy)
- HCP, Inc. (HCP) (Hospitals, life science, medical office, post-acute/skilled nursing and senior housing)
- Healthcare Realty Trust Incorporated (HR) (Outpatient medical facilities)
- Healthcare Trust of America, Inc. (HTA) (Medical office buildings)
- Hersha Hospitality Trust (HT) (Hotel REIT)
- Highwoods Properties, Inc. (HIW) (Office REIT)
- HMG/Courtland Properties, Inc. (HMG) (Diversified REIT: Commercial Real Estate)
- Hospitality Properties Trust (HPT) (Hotel REIT)
- Host Hotels & Resorts, Inc. (HST) (Hotel REIT)
- Hudson Pacific Properties, Inc. (HPP) (Office REIT)
- Independence Realty Trust, Inc. (IRT) (Apartment REIT)
- Industrial Logistics Properties Trust (ILPT) (IPO January 12, 2018; REIT: industrial and logistics)
- InfraREIT, Inc. (HIFR) (Transmission and distribution assets)
- Innovative Industrial Properties, Inc. (IIPR) (IPO December 1, 2016: medical-use cannabis facilities)
- InnSuites Hospitality Trust (IHT) (Hotel REIT)
- Invesco Mortgage Capital Inc. (IVR) (Mortgage REIT)
- Investors Real Estate Trust (IRET) (Diversified REIT: Health care, industrial, multi-family, office and retail)
- Invitation Homes Inc. (INVH) (IPO February 1, 2017; REIT: single-family rental homes)
- Iron Mountain Incorporated (IRM) (Data Center REIT)
- iStar Financial Inc. (STAR) (Diversified REIT: Real estate finance assets, hotels, industrial, office and retail)
- Jernigan Capital (JCAP) (Mortgage REIT)
- Kilroy Realty Corporation (KRC) (Office REIT)
- Kimco Realty Corporation (KIM) (REIT: Shopping centers)
- Kite Realty Group Trust (KRG) (REIT: Shopping centers)
- KKR Real Estate Finance Trust Inc. (KREF) (IPO May 5, 2017; REIT: commercial real estate debt)
- Ladder Capital Corp. (LADR) (Mortgage REIT)
- Landmark Infrastructure Partners L.P. (LMRK) (Billboards, Cellular Towers, Wireless Sites and Wind Turbines)
- LaSalle Hotel Properties (LHO) (Hotel REIT)
- Lexington Realty Trust (LXP) (Diversified REIT: Office and industrial)
- Liberty Property Trust (LPT) (Industrial REIT: Office and Industrial Properties)
- LTC Properties, Inc. (LTC) (Seniors housing, assisted living, memory care and skilled nursing properties)
- Macerich Company (The) (MAC) (REIT: Malls)
- Mack-Cali Realty Corporation (CLI) (Office REIT)
- Manhattan Bridge Capital, Inc. (LOAN) (Mortgage REIT)
- MedEquities Realty Trust, Inc. (MRT) (IPO September 29, 2016: healthcare facilities)
- Medical Properties Trust, Inc. (MPW) (Ambulatory surgery centers, long-term acute care hospitals, regional and community hospitals, rehabilitation hospitals and women’s and children’s hospitals)
- MFA Financial, Inc. (MFA) (Mortgage REIT)
- Mid-America Apartment Communities, Inc. (MAA) (Apartment REIT)
- Monmouth Real Estate Investment Corporation (MNR) (Industrial REIT)
- MTGE Investment Corp. (MTGE) (Mortgage REIT)
- National Health Investors, Inc. (NHI) (Assisted and memory care communities, medical office buildings, specialty hospitals and skilled nursing facilities)
- National Retail Properties (NNN) (Retail REIT)
- National Storage Affiliates Trust (NSA) (REIT: Self storage properties)
- NexPoint Residential Trust Inc. (NXRT) (Apartment REIT)
- New Residential Investment Corp. (NRZ) (Mortgage REIT)
- New Senior Investment Group Inc. (SNR) (Independent living properties and assisted living/memory care properties)
- New York Mortgage Trust, Inc. (NYMT) (Mortgage REIT)
- New York REIT, Inc. (NYRT) (Office REIT)
- NorthStar Realty Europe Corp. (NRE) (Office REIT)
- Northstar Realty Finance Corp. (NRF) (Diversified REIT: Commercial real estate and commercial debt)
- Omega Healthcare Investors, Inc. (OHI) (Skilled nursing facilities)
- One Liberty Properties, Inc. (OLP) (Diversified REIT: Retail, industrial and office)
- Orchid Island Capital, Inc. (ORC) (Mortgage REIT)
- Owens Realty Mortgage, Inc. (ORM
- Paramount Group, Inc. (PGRE) (Office REIT)
- Pebblebrook Hotel Trust (PEB) (Hotel REIT)
- Pennsylvania Real Estate Investment Trust (PEI) (REIT: Malls)
- PennyMac Mortgage Investment Trust (PMT) (Mortgage REIT)
- PHH Corp (PHH) (Mortgage servicing)
- Physicians Realty Trust (DOC) (Medical office buildings, outpatient care facilities and specialized hospitals)
- Piedmont Office Realty Trust, Inc. (PDM) (Office REIT)
- Plymouth Industrial REIT, Inc. (PLYM) (IPO June 9, 2017; REIT: Class B industrial properties)
- Potlatch Corporation (PCH) (Timberlands)
- Power REIT (PW) (Energy and transportation infrastructure)
- Preferred Apartment Communities, Inc. (APTS) (Apartment REIT)
- ProLogis, Inc. (PLD) (Industrial REIT)
- PS Business Parks, Inc. (PSB) (Industrial REIT: Office and Industrial Properties)
- Public Storage (PSA) (REIT: Self storage properties)
- RAIT Financial Trust (RAS) (Diversified REIT: Commercial lending, apartments, office and retail)
- Ramco-Gershenson Properties Trust (RPT) (REIT: Shopping centers)
- Rayonier Inc. (RYN) (REIT: Timberlands)
- Realty Income Corporation (O) (Retail REIT)
- Redwood Trust, Inc. (RWT) (Mortgage REIT)
- Regency Centers Corporation (REG) (REIT: Shopping centers)
- Resource Capital Corp. (RSO) (Mortgage REIT)
- Reven Housing REIT, Inc. (RVEN) (REIT: single family rental properties)
- Rexford Industrial Realty, Inc. (REXR) (Industrial REIT)
- Retail Opportunity Investments Corp. (ROIC) (REIT: Shopping centers)
- Retail Properties of America, Inc. (RPAI) (REIT: Shopping centers)
- RLJ Lodging Trust (RLJ) (Hotel REIT)
- Ryman Hospitality Properties, Inc. (RHP) (Hotel REIT)
- QTS Realty Trust, Inc. (QTS) (Data Center REIT)
- Sabra Healthcare REIT, Inc. (SBRA) (Assisted living, independent living, memory care and skilled nursing and transitional care facilities)
- Sachem Capital Corp. (SACH) (IPO February 10, 2017; mortgage REIT)
- Safety, Income and Growth, Inc. (SAFE) (IPO June 22, 2017; REIT: acquires/manages ground net leases)
- Saul Centers, Inc. (BFS) (REIT: Shopping centers)
- Select Income REIT (SIR) (Industrial REIT: Office and Industrial Properties)
- Senior Housing Properties Trust (SNH) (Continuing care retirement communities, independent living and assisted living communities, medical offices, nursing homes)
- Seritage Growth Properties (SRG) (Retail REIT)
- Simon Property Group, Inc. (SPG) (REIT: Malls)
- SL Green Realty Corporation (SLG) (Diversified REIT: Office and retail properties)
- Sotherly Hotels Inc. (SOHO) (Hotel REIT)
- Sovran Self Storage, Inc. (SSS) (REIT: Self storage properties)
- Spirit Realty Capital, Inc. (SRC) (Diversified REIT)
- Stag Industrial, Inc. (STAG) (Industrial REIT)
- Starwood Property Trust, Inc. (STWD) (Mortgage REIT)
- STORE Capital Corporation (STOR) (Diversified REIT: Retail, industrial and service)
- Summit Hotel Properties, Inc. (INN) (Hotel REIT)
- Sun Communities, Inc. (SUI) (REIT: Manufactured housing properties)
- Sunstone Hotel Investors, Inc. (SHO) (Hotel REIT)
- Tanger Factory Outlet Centers, Inc. (SKT) (REIT: Shopping centers)
- Taubman Centers, Inc. (TCO) (Retail REIT)
- Terreno Realty Corporation (TRNO) (Industrial REIT)
- TIER REIT, Inc. (TIER) (Office REIT)
- TPG Real Estate Finance Trust, Inc. (TRTX) (IPO July 20. 2017; mortgage REIT)
- Tremont Mortgage Trust (TRMT) (IPO September 14, 2017; mortgage REIT)
- Two Harbors Investments Corp (TWO) (Mortgage REIT)
- UMH Properties, Inc. (UMH) (REIT: Manufactured housing properties)
- United Dominion Realty Trust, Inc. (UDR) (Apartment REIT)
- Universal Health Realty Income Trust (UHT) (Acute care hospitals, behavioral healthcare facilities, childcare centers, medical office buildings, rehabilitation hospitals and sub-acute care facilities)
- Uniti Group Inc. (UNIT) (Telecommunication infrastructure assets)
- Urban Edge Properties (UE) (REIT: Shopping centers)
- Urstadt Biddle Properties Inc. (UBA) (REIT: Shopping centers)
- Ventas, Inc. (VTR) (Seniors housing and healthcare properties)
- VEREIT Inc. (VER) (Diversified REIT: Industrial, office, restaurant and retail properties)
- VICI Properties Inc. (VICI) (IPO February 1, 2018; REIT: gaming, hospitality and entertainment properties)
- Vornado Realty Trust (VNO) (Diversified REIT: Office and retail properties)
- Washington Prime Group Inc. (WPG) (REIT: Malls)
- Washington Real Estate Investment Trust (WRE
- Weingarten Realty Investors (WRI) (REIT: Shopping centers)
- Welltower Inc. (WELL) (Seniors housing and health care real estate)
- Western Asset Mortgage Capital Corporation (WMC) (Mortgage REIT)
- Weyerhaeuser Company (WY) (Timberlands)
- Wheeler Real Estate Investment Trust, Inc. (WHLR) (REIT: Shopping centers)
- Whitestone REIT (WSR) (REIT: Shopping centers)
- W P Carey Inc. (WPC) (Diversified REIT: Industrial, office, retail and self-storage properties)
- Xenia Hotels & Resorts, Inc. (XHR) (Hotel REIT)
Risks & Considerations
Interest Rate Sensitivity
REITs are historically sensitive to rising interest rates, which can increase borrowing costs for acquisitions and make dividend yields less attractive relative to bonds.
Property Cycle Volatility
Economic downturns can lead to lower occupancy rates and downward pressure on rents, particularly in office and mall-based retail segments.
Asset Class Concentration
While diversified REITs exist, many specialize in a single niche. Geographic or sectoral concentration can lead to significant losses if that specific market stumbles.
Tax Implications
REIT dividends are generally taxed as ordinary income rather than qualified dividends. Investors should consider holding REITs in tax-advantaged accounts like IRAs.
Real estate investments involve unique tax and market risks; consult a tax professional for specific guidance.
Frequently Asked Questions
Approximately 225 publicly traded equity REITs exist in the U.S. as of early 2026. The NYSE alone lists 154 of these, representing a combined market cap of over $1.25 trillion.
Prologis (PLD) leads the sector by market cap, valued at approximately $118 billion in early 2026. It is followed by healthcare specialist Welltower (WELL) and cell tower giant American Tower (AMT).
Popular dividend-focused REITs include Realty Income (O), known for monthly payouts, and gaming-focused VICI Properties. Mortgage REITs like AGNC typically offer higher yields but come with significantly more price volatility.
Equity REITs own and operate physical properties and generate revenue from rent. Mortgage REITs (mREITs) provide financing for real estate by purchasing or originating mortgages and mortgage-backed securities, earning income from the interest spread.
IPO activity has remained selective in 2026. Recent notable debuts from late 2025 include SmartStop Self Storage and Millrose Properties, reflecting continued interest in specialized niche real estate.
Industrial REITs are leading due to sustained e-commerce growth, while Data Center REITs are seeing record demand driven by the global expansion of artificial intelligence applications.
Last updated April 2026 · Data sourced from U.S. exchange filings