Hoya Capital

Hoya Capital Hoya Capital Real Estate is an award-winning Registered Investment Advisor based in Connecticut. commercial and residential real estate ecosystem.

Hoya Capital Real Estate, LLC is a Connecticut Registered Investment Advisor. Hoya Capital Research & Index Innovations is an affiliated research and index provider. Hoya Capital Real Estate advises ETFs and individual accounts focused on investing in portfolios of publicly-traded commercial and residential real estate companies and exchange-traded funds. Hoya Capital Research is one of the most w

idely-followed voices in the real estate industry, providing market commentary and coverage across the U.S. ETF Express Award Methodology

Awards are based on a “peer review system” whereby ETF Express readers – including institutional and high net worth advisors, managers, and other industry professionals at fund administrators, prime brokers, custodians, and advisers – are invited to elect a “best in class” in a series of categories via an online survey. There were 1,202 votes cast in total. ETF Express worked with Algo-Chain to pre-select ETF Providers in each category based on investment performance during the twelve month period of May 2018-May 2019 leading up to the award selection. Subjective categories did not have pre-selected categories. In each category, the firms with the most votes at the end of the voting period are subject to a final review by ETF Express’s Senior Editorial team. Awarded on October 24, 2019. ETF.com Award Methodology

Winners are selected in a three-part process designed to leverage the insights and opinions of leaders throughout the ETF industry. Step 1: The awards process began with open nominations, which started Dec. 4, 2019, and closed Jan. 4, 2020. Self-nominations were accepted, and nominations were not limited to a maximum number of categories. Step 2: Following the open nominations process, the ETF.com Awards Nominating Committee—made up of ETF.com editorial staff—reviews nominations. Nominations are screened for eligibility (appropriate timing and category). If more than five unique entries are received in the nominations process, the members of the Nominating Committee force-ranked their top five, resulting in a final slate for each category. Votes were resolved on a majority basis, and ties broken where possible with head-to-head runoff votes. If ties could not be broken, more than five finalists were allowed. The Nomination Committee completed its work by Jan. 10, 2020. Shortly thereafter, the nominees were published on ETF.com. Step 3: Winners among these finalists were selected by a majority vote of the ETF.com Awards Selection Committee, a group of independent ETF experts from across the ETF community. Committee members recused themselves from voting in any category in which they or their firms appear as finalists. Ties were decided where possible with head-to-head runoff votes. Voting was completed by Jan. 31, 2019. Categories: ‘Best New US Equity ETF’ is awarded to an ETF Launched in 2019 that is judged by the ETF Awards Nominating Committee to be the best new ETF of the year in the equity category. ‘Most Innovative New ETF’ is awarded to an ETF Launched in 2019 that is judged by the ETF Awards Nominating Committee to be the most innovative new ETF of the year. ‘New ETF Issuer of the Year’ ETF’ is awarded to an ETF Issuer that launched their first fund in that year that is judged by the ETF Awards Nominating Committee to be the best new ETF issuer.

06/26/2026

Looking for cities on the rise? Key indicators include industrial base, affordable land, and public/private consensus on growth. According to Yardi Matrix, a portfolio of emerging cities mostly in the Midwest, are showing potential for future development.

06/25/2026

Analyzing long-term demographic shifts reveals a clear advantage for multifamily and rental housing. As the population ages and growth slows, household formation will increasingly favor multi-unit dwellings. Single-family home prices are unlikely to drop significantly without risking a banking crisis, meaning affordability will improve gradually through inflation and wage growth. These factors position rental sectors for strong performance according to Yardi Matrix.

06/25/2026

High home prices and an aging renter base are keeping people in their units longer, paying more. This unusual situation has stabilized the multifamily REIT market, much like self-storage did. When conditions shift, expect accelerated earnings according to Yardi Matrix.

06/24/2026

New York's rent control laws since 2019 have inadvertently caused a shortage in upper-end housing. Landlords struggle to afford apartment turnovers, reducing supply. This, coupled with modest demand growth, has sent Manhattan rents soaring. Importantly, REITs in Manhattan are outside this rent control drama and are performing well according to Yardi Matrix.

06/23/2026

There's a misconception that large institutions own most single-family rental homes. In reality, individual investors, often described as 'mom and pop' owners, hold the vast majority. This populist view distracts from the core issue: we simply need more homes according to Yardi Matrix.

06/23/2026

Understanding the current housing market according to Yardi Matrix: Elevated prices, supply-demand imbalance, and rising mortgage rates. Explore how residential REITs and single-family rentals benefit from this unique situation.

📊 New Fed Regime, Same Hawkish LeanReal Estate Weekly Outlook: https://seekingalpha.com/article/4916530-new-fed-regime-s...
06/21/2026

📊 New Fed Regime, Same Hawkish Lean

Real Estate Weekly Outlook: https://seekingalpha.com/article/4916530-new-fed-regime-same-hawkish-theme

U.S. equity markets finished higher as easing oil-price pressure following a tentative U.S.-Iran agreement helped offset a hawkish Fed meeting and renewed concerns over the deal’s fragility.

Oil prices retreated nearly 10% after the U.S.-Iran agreement cleared the path toward reopening Hormuz, though late-week clashes raised fresh doubts over the durability of the reopening.

The Federal Reserve held rates steady, but delivered a hawkish surprise as nine of 18 FOMC participants now pencil in at least one 2026 rate hike, sending short-term rates sharply higher.

The S&P 500 gained 0.7%, while the Nasdaq 100 rallied 2.7% as growth reclaimed leadership, but smaller-caps and rate-sensitive segments lagged.

Real estate stocks lagged despite lower long-term yields, with the Equity REIT Index tumbling 3.0% as rate-sensitive sectors came under pressure, while housing data showed continued demand sluggishness but improving supply dynamics.

US stock market update: S&P 500 up, Nasdaq surges as oil drops on US-Iran deal despite hawkish Fed signals and REIT weakness—read the highlights now.

🌆 REITs: Cheap, Unloved, And Finally Showing LifeREITs have refused to break in 2026 despite oil-driven inflation pressu...
06/18/2026

🌆 REITs: Cheap, Unloved, And Finally Showing Life

REITs have refused to break in 2026 despite oil-driven inflation pressure, rising Treasury yields, and a Fed narrative that flipped from multiple rate cuts to potential hikes.

The “Rates Up, REITs Down” regime has weakened, with REIT-rate correlations falling sharply as fundamentals, strategy, capital allocation, and valuation catalysts increasingly drive performance.

M&A has helped break the rate-driven narrative, validating public-market discounts to NAV and proving that REITs can unlock value through consolidation, privatizations, and strategic alternatives.

Property-level strength has been another key driver, with every major REIT sector reporting positive Q1 NOI growth both year-over-year and relative to pre-pandemic levels.

Dividend growth has reinforced the recent revival and break from the REIT-rate-correlation, with 55 REITs raising payouts versus 6 cuts, supported by sub-75% FFO payout ratios and improving coverage.

https://seekingalpha.com/article/4915931-reits-cheap-unloved-finally-showing-life

REITs in 2026 are defying rising yields as fundamentals, M&A, NOI growth, and dividend hikes drive returns.

📊 Peace Hopes Revive RallyU.S. equity markets resumed their rally while benchmark interest rates retreated as hopes for ...
06/14/2026

📊 Peace Hopes Revive Rally

U.S. equity markets resumed their rally while benchmark interest rates retreated as hopes for an Iran peace deal sent oil prices lower, eased inflation fears, and revived risk appetite.

Inflation data remained uncomfortably hot this week, with headline CPI and PPI accelerating on energy pressures, but cooler core CPI offered some relief ahead of the Fed interest rate decision.

Small-caps, mid-caps, and value stocks outperformed, while REITs extended their year-to-date outperformance as Treasury yields retreated and REITweek optimism carried over.

REIT dividend momentum continued, with Annaly Capital, Adams Mortgage, W.P. Carey, and Universal Health Realty raising payouts, bringing the 2026 total to 55 increases versus just six cuts.

REIT M&A remained in focus as Blackstone reportedly pursued Canadian firm H&R REIT, while Braemar Hotels sold off sharply after it concluded its strategic review with a decision to separate from external manager Ashford and pay the sizable termination fee.

US stocks rally as yields and oil fall on Iran peace hopes; hot inflation data keeps Fed decision in focus. Read the full analysis here.

📊 Payrolls Reset The Fed DebateReal Estate Weekly Outlook: https://seekingalpha.com/mp/1026-ireit-hoya-capital/articles/...
06/08/2026

📊 Payrolls Reset The Fed Debate

Real Estate Weekly Outlook: https://seekingalpha.com/mp/1026-ireit-hoya-capital/articles/6303153-weekly-outlook-payrolls-reset-the-fed-debate-hoya

Last week, U.S. equity markets snapped a nine-week winning streak- while benchmark interest rates surged to multi-month highs - as a stronger-than-expected jobs report sparked a hawkish repricing of Fed expectations.

The “good news is bad news” dynamic was revived in full force this week, as renewed labor-market strength forced investors to contemplate the real possibility of Fed rate hikes this year.

Snapping its longest winning streak since late 2023, the S&P 500 declined 2.4% on the week, while the tech-heavy Nasdaq 100 plunged 4% amid a sharp selloff in chipmakers.

Real estate equities also delivered surprising outperformance despite the surge in benchmark interest rates, buoyed by generally constructive updates from the annual REITweek industry conference.

REITweek highlighted two distinct positives: strong property-level updates drove upside in names like Park Hotels, MAA, UDR, and office REITs, while management teams emphasized an "all of the above" value-creation approach including asset sales, capital recycling, JVs, buybacks, and company-level M&A.

REIT Academy & The Executive REIT Masterclass| The Daily REIT Beat Newsletter | Brad Thomas | Seeking Alpha | David Auerbach | Nareit |

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