REIT

Weyerhaeuser’s board approved a quarterly dividend of $0.21 per share, payable March 20, 2026. The company plans to return 75-80% of its annual Adjusted FAD to shareholders through supplemental dividends, share repurchases, or a combination. This approach offers a dynamic capital allocation strategy.

Redwood Trust has provided 2025 dividend tax guidance for its common and preferred stock. For common stock, approximately 39% is expected to be ordinary income (eligible for Section 199A deduction), 2% qualified dividends, and 59% return of capital. Preferred stock dividends are projected to be 96% ordinary income and 4% qualified dividends. No portion is expected to be unrelated business taxable income. Investors should consult tax advisors.

Cohen & Steers REIT and Preferred and Income Fund (RNP) detailed its January distribution sources, predominantly a return of capital. The fund utilizes a managed distribution policy to offer consistent monthly payouts, allowing for flexibility in realizing capital gains. While distributions may include net investment income and capital gains, a portion can be a return of capital, reducing the shareholder’s cost basis. Investors are advised that distribution amounts do not solely indicate performance and that final tax characterization is determined annually.

SmartStop Self Storage REIT CEO H. Michael Schwartz will keynote the eighth annual KeyBanc Self Storage Investor Forum on January 8, 2026. He will participate in a fireside chat discussing the company’s IPO, its strategic rationale, and future plans, offering insights into the resilient self-storage market and SmartStop’s operational strategies. The event aims to highlight the company’s growth trajectory and capital market access.

Alexander’s, Inc. has restructured a $300 million mortgage on its 731 Lexington Avenue property, extending maturity to 2035. The debt is now split into a $132.5 million senior A-Note (7% interest) and a $167.5 million junior C-Note (4.55% interest). Alexander’s also acquired the A-Note and a new B-Note to fund capital expenditures and A-Note interest payments, with the B-Note accruing at up to 13.5% interest.

SmartStop Self Storage REIT celebrates 15 years of significant growth in Canada. Since 2010, the company has strategically expanded its operations, now boasting the largest footprint in the Greater Toronto Area and the fourth-largest nationwide. With 49 properties across four provinces, including a new facility in Montréal, SmartStop has established itself as a trusted leader by focusing on operational excellence, customer service, and community relationships, while continuing to innovate and expand its market presence.

Braemar Hotels & Resorts Inc. (BHR) will hold its 2025 Annual Meeting entirely online on Dec 15, 2025 at 9 a.m. CT, accessible via www.virtualshareholdermeeting.com/BHR2025. Proxy statements and the FY 2024 Form 10‑K are available on the investor section of www.bhrreit.com. The virtual format cuts venue and travel costs, leverages secure webcast technology for electronic voting, and expands global shareholder participation. BHR reported FY 2024 revenue of $1.2 billion with a 9% occupancy increase and projects 85% occupancy in 2025, highlighting a strategic focus on cost efficiency, technology adoption, and growth in luxury hospitality.

Strategic Storage Trust X (SST X), backed by SmartStop Self Storage REIT (NYSE: SMA), acquired its first self-storage facility in Murfreesboro, Tennessee, from SmartStop on November 21, 2025. The facility offers 62,100 rentable square feet across roughly 470 units and benefits from high traffic and a growing local population. SST X, structured as a perpetual NAV REIT, aims to provide investors with stable income and long-term appreciation through a diversified self-storage portfolio. This acquisition marks SST X’s initial investment in a high-growth market.

Extra Space Storage Inc. (EXR) declared a fourth-quarter 2025 dividend of $1.62 per share on its common stock, payable December 31, 2025, to shareholders of record on December 15, 2025. As of September 30, 2025, Extra Space Storage, a leading self-storage REIT, owned or operated 4,238 properties comprising approximately 2.9 million units and 326.9 million square feet of rentable space. The company is the largest operator in the U.S. self-storage market, offering varied storage solutions across the United States.

NewLake Capital Partners (NLCP) reported its Q3 2025 financial results with revenue of $12.6 million, a slight YoY increase. Net income attributable to common stockholders was $6.7 million, FFO totaled $10.7 million, and AFFO reached $11.0 million. NLCP declared a dividend of $0.43 per share. The company focused on tenant management amidst industry headwinds. A conference call is scheduled for November 6, 2025, to discuss the results. NLCP is a REIT specializing in the cannabis industry.