Stocks Slide • REIT Earnings • Landowner Portfolio

April 22, 2022 | Hoya Capital

Stocks Slide • REIT Earnings • Landowner Portfolio Real Estate Daily Recap Apr 22 Written By U.S. equity markets slid Friday- extending their losses to a third-straight week- as a solid start to corporate earnings season has been unable to ease concerns over tightening monetary policy. Sliding throughout the session and bringing the benchmark back into "correction" territory, the S&P 500 finished lower by 2.8% today while the Mid-Cap 400 and Small-Cap 600 declined 2.7%.

Real estate equities were again among outperformers today - and were the top-performing sector on the week. The Equity REIT Index finished lower by 1.8% today but gained 1% this week. Net Lease REIT Alpine Income (PINE) was among the better performers today after reporting solid Q1 results and raising its full-year outlook. Five of the ten REITs that reported results this week boosted their full-year FFO guidance. Today, we launched our Landowner Portfolio - a custom strategy we've developed exclusively for Income Builder members.

The strategy targets exposure to publicly-traded companies that own or control significant acreage of land across North America, comprised of 18 companies that collectively own over 50 million acres. Income Builder Daily Recap We recently launched Hoya Capital Income Builder - a premier income-focused investment research service through Seeking Alpha Marketplace - that will be the new exclusive home of all of Hoya Capital's investment research. Income Builder focuses on real income-producing asset classes that offer the opportunity for diversification, monthly income, capital appreciation, and inflation hedging.

If you're not already on board, give us a try with a completely risk-free two-week trial and take a look around. U.S. equity markets finished sharply lower Friday - extending its stretch of losses to a third-straight week - as a solid start to corporate earnings season has been unable to ease concerns over inflation and tightening monetary policy. Sliding throughout the session and bringing the benchmark back into "correction" territory, the S&P ...