United States real estate investment trusts industry landscape illustrating listed-company operations, infrastructure and market activity

Prism Finance USA · comparison snapshot

Real Estate Investment Trusts Stocks in USA: Revenue Cohort 7

Name: Real Estate Investment Trusts Stocks in USA: Revenue Cohort 7 comparison snapshot
Creator: Fliar BI Prism

A five-company real estate investment trusts cohort selected by latest filing revenue, then compared across market path, filings, profitability, readiness, Prism attention and industry context.

Snapshot: 28 August 2026Not investment adviceRanked by Prism readiness

Readiness leaderSBA Communications · 37

Strongest available pathEssential Properties · -6.3%

Widest latest marginSBA Communications · 430.9%

Companies compared5 · U.S.-listed

01 · Readiness ranking

Five companies, one comparable score

Companies are ordered by the Fliar BI Prism readiness score used by the Prism Finance USA source pack. The score is a research signal, not a recommendation.

Readiness #1SBAC · Nasdaq

SBA Communications

A U.S.-listed issuer classified by the SEC in Real Estate Investment Trusts

Founded 2013Chicago, Illinois$20.26B market cap

View full Companies Radar profile

37Cautious

Snapshot price$190.9as of page date

Monthly-close return-47.9%five-year window

FY2025 revenue$0.24BSBA COMMUNICATIONS CORP

Net margin430.9%FY2025

P/E snapshot20.6xone ratio, not a verdict

Prism attention46.5%share across these five

Filing track recordRevenue, USD billions

+19.4%

FY2021–FY2025 · 5 filing periods · TOTAL REVENUE · Normalized revenue metric from the in-house filings extraction · CAGR 4.5%

52-week position46% through range

$162.4$224.5

News mentions1.6K

Community mentions82partial coverage

U.S.-scope patents0

Prism InsightsWhat sits behind the readiness signal
Observed risk 2/100higher means more observed risk

Earnings signal45/100
Management stability90/100
Market position31/100
Capital-event signal15/100
Innovation pulse0/100

Management signal

No leadership-churn flag in the model; 0 key-person events recorded in the latest 360-day window.

Market activity

Available history contains 7 M&A involvements, 27 asset-acquisition events and 5 contract events.

Innovation activity

Prism records 0 lifetime product-launch events, 0 in the latest 360 days, and 0 company announcements in that window.

Recent risk watch

Recent available records contain 1 lawsuit, 0 regulatory and 0 layoff events across their stated windows.

Prism model components and available company-event evidence; scores are research signals, not recommendations. Event totals describe available coverage and may not be exhaustive.

Readiness #2ELME · NYSE

Elme Communities

A U.S.-listed issuer classified by the SEC in Real Estate Investment Trusts

Founded 1960Washington, DC, District of Columbia$149.3M market cap

View full Companies Radar profile

36Cautious

Snapshot price$1.68as of page date

Monthly-close return-93.4%five-year window

FY2025 revenue$0.24BElme Communities

Net margin-5.4%FY2025

Prism attention4.8%share across these five

Filing track recordRevenue, USD billions

+43.0%

FY2021–FY2025 · 5 filing periods · TOTAL REVENUE · Normalized revenue metric from the in-house filings extraction · CAGR 9.4%

52-week position3% through range

$1.26$17.68

News mentions165

Community mentions0partial coverage

U.S.-scope patents0

Prism InsightsWhat sits behind the readiness signal
Observed risk 0/100higher means more observed risk

Earnings signal55/100
Management stability90/100
Market position7/100
Capital-event signal10/100
Innovation pulse0/100

Management signal

No leadership-churn flag in the model; 0 key-person events recorded in the latest 360-day window.

Market activity

Available history contains 0 M&A involvements, 5 asset-acquisition events and 0 contract events.

Innovation activity

Prism records 0 lifetime product-launch events, 0 in the latest 360 days, and 0 company announcements in that window.

Recent risk watch

No lawsuit or regulatory event is recorded in the latest 360-day window and no layoff event in the latest 180-day window. This is not legal clearance.

Prism model components and available company-event evidence; scores are research signals, not recommendations. Event totals describe available coverage and may not be exhaustive.

Readiness #3GNL · NYSE

Global Net Lease

A U.S.-listed issuer classified by the SEC in Real Estate Investment Trusts

Founded 2013New York City, New York$2.12B market cap

View full Companies Radar profile

36Cautious

Snapshot price$9.16as of page date

Monthly-close return-46.3%five-year window

FY2016 revenue$0.21BGlobal Net Lease, Inc.

Net margin22.0%FY2016

P/E snapshot-70.5xone ratio, not a verdict

Prism attention10.8%share across these five

Filing track recordRevenue, USD billions

+5320.8%

FY2013–FY2016 · 4 filing periods · TOTAL REVENUE · Normalized revenue metric from the in-house filings extraction · CAGR 278.5%

52-week position66% through range

$7.48$10.04

News mentions371

Community mentions0partial coverage

U.S.-scope patents0

Prism InsightsWhat sits behind the readiness signal
Observed risk 0/100higher means more observed risk

Earnings signal32/100
Management stability90/100
Market position24/100
Capital-event signal30/100
Innovation pulse0/100

Management signal

No leadership-churn flag in the model; 0 key-person events recorded in the latest 360-day window.

Market activity

Available history contains 8 M&A involvements, 27 asset-acquisition events and 0 contract events.

Innovation activity

Prism records 0 lifetime product-launch events, 0 in the latest 360 days, and 0 company announcements in that window.

Recent risk watch

No lawsuit or regulatory event is recorded in the latest 360-day window and no layoff event in the latest 180-day window. This is not legal clearance.

Prism model components and available company-event evidence; scores are research signals, not recommendations. Event totals describe available coverage and may not be exhaustive.

Readiness #4JBGS · NYSE

JBG SMITH

A U.S.-listed issuer classified by the SEC in Real Estate Investment Trusts

Founded 1960DOVER$932.9M market cap

View full Companies Radar profile

36Cautious

Snapshot price$12.08as of page date

Monthly-close return-59.8%five-year window

FY2025 revenue$0.50BJBG SMITH Properties

Net margin-27.9%FY2025

Prism attention31.3%share across these five

Filing track recordRevenue, USD billions

-21.4%

FY2021–FY2025 · 5 filing periods · TOTAL REVENUE · Normalized revenue metric from the in-house filings extraction · CAGR -5.8%

52-week position10% through range

$10.77$24.30

News mentions1.1K

Community mentions0partial coverage

U.S.-scope patents0

Prism InsightsWhat sits behind the readiness signal
Observed risk 0/100higher means more observed risk

Earnings signal52/100
Management stability90/100
Market position15/100
Capital-event signal5/100
Innovation pulse3/100

Management signal

No leadership-churn flag in the model; 0 key-person events recorded in the latest 360-day window.

Market activity

Available history contains 1 M&A involvements, 17 asset-acquisition events and 7 contract events.

Innovation activity

Prism records 0 lifetime product-launch events, 0 in the latest 360 days, and 1 company announcements in that window.

Recent risk watch

No lawsuit or regulatory event is recorded in the latest 360-day window and no layoff event in the latest 180-day window. This is not legal clearance.

Prism model components and available company-event evidence; scores are research signals, not recommendations. Event totals describe available coverage and may not be exhaustive.

Readiness #5EPRT · NYSE

Essential Properties

A U.S.-listed issuer classified by the SEC in Real Estate Investment Trusts

Founded 2016Princeton, New Jersey$6.58B market cap

View full Companies Radar profile

35Cautious

Snapshot price$30.37as of page date

Monthly-close return-6.3%five-year window

FY2025 revenue$0.56BESSENTIAL PROPERTIES REALTY TRUST, INC.

Net margin45.1%FY2025

P/E snapshot23.5xone ratio, not a verdict

Prism attention6.6%share across these five

Filing track recordRevenue, USD billions

+143.8%

FY2021–FY2025 · 5 filing periods · TOTAL REVENUE · Normalized revenue metric from the in-house filings extraction · CAGR 25.0%

52-week position25% through range

$28.95$34.73

News mentions226

Community mentions0partial coverage

U.S.-scope patents0

Prism InsightsWhat sits behind the readiness signal
Observed risk 0/100higher means more observed risk

Earnings signal71/100
Management stability70/100
Market position0/100
Capital-event signal0/100
Innovation pulse0/100

Management signal

No leadership-churn flag in the model; 0 key-person events recorded in the latest 360-day window.

Market activity

Available history contains 0 M&A involvements, 0 asset-acquisition events and 0 contract events.

Innovation activity

Prism records 0 lifetime product-launch events, 0 in the latest 360 days, and 0 company announcements in that window.

Recent risk watch

No lawsuit or regulatory event is recorded in the latest 360-day window and no layoff event in the latest 180-day window. This is not legal clearance.

Prism model components and available company-event evidence; scores are research signals, not recommendations. Event totals describe available coverage and may not be exhaustive.

02 · Side-by-side

The comparisons that change the picture

Every bar preserves its own meaning. Price return, revenue scale, profitability and attention are deliberately not blended into one recommendation.

Available monthly-close return

Dated window printed on each company card; not a forecast.

Essential Properties

-6.3%

Global Net Lease

-46.3%

SBA Communications

-47.9%

JBG SMITH

-59.8%

Elme Communities

-93.4%

Latest revenue

USD billions, official filing scope shown on each company card.

Essential Properties

$0.56B

JBG SMITH

$0.50B

SBA Communications

$0.24B

Elme Communities

$0.24B

Global Net Lease

$0.21B

Latest profit margin

Company-card labels distinguish continuing-operations and net-income scope.

SBA Communications

430.9%

Essential Properties

45.1%

Global Net Lease

22.0%

Elme Communities

-5.4%

JBG SMITH

-27.9%

Prism news attention

Normalized share across these five names; attention is not quality.

SBA Communications

46.5%

JBG SMITH

31.3%

Global Net Lease

10.8%

Essential Properties

6.6%

Elme Communities

4.8%

03 · Prism readout

What the signals say—and what they do not

The headline share is normalized real estate investment trusts news attention across these five names. Partial community coverage and U.S.-scope patent records are displayed separately and are not blended into it.

Scale + attention

SBA Communications leads the conversation

It holds 46.5% of measured real estate investment trusts news attention and also carries the basket's largest revenue base at $0.24B.

Price path

Essential Properties leads the available price paths

Its monthly-close return is -6.3% for the five-year window. At the other end, Elme Communities is -93.4% for its five-year window. Windows printed on each card must be compared carefully; price history is not a forecast.

Profitability

SBA Communications has the widest latest margin

Its FY2025 net margin is 430.9%. Its revenue history in this snapshot spans only the periods printed on its card, so longer histories are not treated as equivalent.

Price vs operating signals

Global Net Lease shows why one ratio is not a verdict

It has the basket's lowest snapshot P/E at -70.5x while its five-year window price return is -46.3%. Valuation, price path and readiness answer different questions.

04 · Research areas

Deeper Prism readout where coverage is dense

Shown only for companies with more than 800 available Prism news records. Counts describe the available research corpus, not company quality.

Areas of research · SBAC

SBA Communications

1,601available Prism news records

Prism top themes

Price action & investor response

173

Earnings & financial performance

Capital allocation & transactions

Macro demand & rates

Leadership & governance

Mapped subcategory tag occurrences; one article may contribute more than one tag. Since 2024-01-01.

News-volume growth

+65.0%353 latest 12m vs 214 prior 12m

Machine-classified coverage tone

82.9% positive+8.0 pp vs preceding four quarters

24Q3

24Q4

25Q1

25Q2

25Q3

25Q4

26Q1

26Q2

Tone of available coverage, not business performance or an investment outlook.

Frequent keywords

stock performance 43stock price 38stock surge 29private equity 24share price 21market response 20investment deal 13dividend declaration 13

Keyword tag occurrences in available Prism news records.

Coverage: 2010-01-08–2026-06-19 · trend and themes shown through 2026-06

Areas of research · JBGS

JBG SMITH

1,076available Prism news records

Prism top themes

Capital allocation & transactions

Price action & investor response

Earnings & financial performance

Leadership & governance

Legal, arbitration & regulatory

Mapped subcategory tag occurrences; one article may contribute more than one tag. Since 2024-01-01.

News-volume growth

-15.4%104 latest 12m vs 123 prior 12m

Machine-classified coverage tone

83.5% positive+0.5 pp vs preceding four quarters

24Q3

24Q4

25Q1

25Q2

25Q3

25Q4

26Q1

26Q2

Tone of available coverage, not business performance or an investment outlook.

Frequent keywords

commercial offices 10corporate offices 10professional office buildings 7office complexes 5store openings 5stock performance 5stock price 5private equity 5

Keyword tag occurrences in available Prism news records.

Coverage: 2014-04-09–2026-06-10 · trend and themes shown through 2026-06

05 · Community discussion

Common topics where conversation clears the gate

Shown only above 25 entity-matched mentions. Coverage is partial and topic counts exclude identified namesake noise.

SBAC

SBA Communications

82 mentions

Stock and valuation

Workplace and hiring

Partial entity-matched community coverage; namesake noise is excluded before topic aggregation. 82 records remained after filtering.

06 · Company event log

Common news types and recent highlights

Event patterns and selected recent headlines come from available Prism company-event records since 2023. Obvious forecast, holdings, duplicate and retrospective noise is filtered.

SBAC

SBA Communications

through 2026-04-14

Earnings releases 23Asset acquisitions 9Business contracts 3Leadership changes 2Lawsuits 1

2026-04-14
Asset acquisitions
SBA noted in its earnings call report for Q2 earlier this week that it had agreed to sell the tower unit for CA$446 million ($323m). The sale of SBA Canada includes 369 towers and SBA's related operations in the market.
2026-04-10
M&A
Bloomberg first reported last week that Boca Raton, Florida-based SBA Communications is exploring options that include a potential sale. TMT Finance followed up this week with a report that both KKR and Brookfield are among the funds that have shown an interest in buying the tower company, reportedly at a $250/share valuation.
2026-02-27
Lawsuits
Tower company SBA Communications said it had also sued Dish for failing to pay rent after spectrum sales.

Prism company-event records; exact duplicates and evident forecast, holdings and retrospective noise are excluded.

ELME

Elme Communities

through 2026-01-23

Earnings releases 22Asset acquisitions 3Leadership changes 1

2026-01-23
Asset acquisitions
As of January 23, 2026, the Company has entered into two purchase and sale agreements, which are no longer subject to ongoing inspection periods, pursuant to which it expects to sell three of its remaining properties – Elme Sandy Spring and Elme Marietta located in Georgia and Elme Watkins Mill located in Maryland – to various buyers for aggregate gross proceeds of approximately $155 million.
2025-10-24
Earnings releases
Elme posted revenue of $62.1 million in the period.
2025-03-19
Leadership changes
Elme Communities (the 'Company') (NYSE:ELME), a multifamily REIT with communities in the Washington, DC and the Atlanta metro areas, today announced the appointment of Ron D. Sturzenegger to its Board of Trustees (the 'Board'), effective immediately.

Prism company-event records; exact duplicates and evident forecast, holdings and retrospective noise are excluded.

GNL

Global Net Lease

through 2026-05-04

Asset acquisitions 16Earnings releases 12M&A 6Leadership changes 3

2026-05-04
M&A
Global Net Lease, Inc. (GNL) and Modiv Industrial, Inc. have entered into a definitive merger agreement under which GNL will acquire Modiv in an all-stock transaction.
2026-05-04
Asset acquisitions
Global Net Lease will acquire Modiv Industrial in an all-stock transaction valued at an enterprise value of approximately $535 million.
2025-05-10
Earnings releases
Revenue: US$132.4m (down 36% from 1Q 2024).

Prism company-event records; exact duplicates and evident forecast, holdings and retrospective noise are excluded.

JBGS

JBG SMITH

through 2026-02-17

Earnings releases 13Asset acquisitions 8Company announcements 5Business contracts 1

2026-02-17
Earnings releases
Total revenue 498,598 547,312 Net loss attributable to common shareholders $ (45,547 ) $ (59,897 ) $ (139,063 ) $ (143,526 )
2026-01-15
Company announcements
JBG SMITH (NYSE: JBGS), a leading owner, operator, and developer of mixed‑use properties in the Washington, DC market, today announced the tax treatment of the Company's 2025 distributions on its common shares.
2024-12-20
Asset acquisitions
Similarly, JPMorgan Chase took over its 256K SF Georgetown office building, The Foundry, earlier this year.

Prism company-event records; exact duplicates and evident forecast, holdings and retrospective noise are excluded.

EPRT

Essential Properties

through 2025-10-22

Earnings releases 2

2025-10-22
Earnings releases
Essential Properties (NYSE:EPRT) is expected to report quarterly earnings at $0.37 per share on revenue of $141.15 million.
2025-04-23
Earnings releases
For the quarter ended March 2025, Essential Properties (EPRT) reported revenue of $129.35 million, up 25% over the same period last year. EPS came in at $0.45, compared to $0.28 in the year-ago quarter.

Prism company-event records; exact duplicates and evident forecast, holdings and retrospective noise are excluded.

07 · Industry landscape

Real Estate Investment Trusts Industry in USA

A bottom-of-page sector lens combining Prism's exact U.S. market-growth extraction with tightly matched U.S.-primary real estate investment trusts news. It adds context to the stock basket without turning industry signals into a recommendation.

Prism market forecast extraction

real estate investment trust market

2 sources57.9% extraction confidence

2022 extracted base$2.60T

2032 extracted forecast$4.23T

Implied source CAGR7.7%

Industry innovation prospect analysisAI integration in real estateData analytics for capital allocation

Multi-source card returned by Prism's /special_extraction market-growth service. Extracted geography mix: Global, North America, Asia-Pacific. This is a dated market benchmark, not a forecast for the five-stock basket.

Prism news insights

U.S. Real Estate Investment Trusts news pulse

256,371available Prism news records

Latest 12m volume+37.2%129429 vs 94318 records

Positive classified tone77.5%+9.2 pp vs prior four quarters

24Q4

25Q1

25Q2

25Q3

25Q4

26Q1

26Q2

26Q3

Available U.S.-primary Prism records matching estate, investment, real, trust. Metadata counts can overlap; coverage volume and tone are not measures of industry output.

Recurring Prism themes

investment & funding

37,838

reality tv competition shows

27,537

reality tv show updates

26,374

reality dating and relationship shows

19,679

real estate market trends and housing projects

15,995

neighborhood zoning and development plans

13,694

Metadata occurrences; one record can contribute more than one theme.

Frequent industry keywords

investment deal 13,030vaccine decision-making 7,392vaccine trust building 7,322anti-vaccination sentiment 7,084parental vaccine concerns 6,982vaccine misinformation impact 6,745vaccine acceptance barriers 6,562vaccine refusal reasons 6,482

Counts cover the matched industry corpus, not the broader company-news totals above.

Curated signal map

Opportunity and caution, side by side

Evidence prompts—not probabilities.

Opportunity · market driver

Industry innovation prospect analysis

2 forecast sources

A recurring driver in the extracted market evidence provides a measurable research thread for the sector.

Prism /special_extraction market-growth card

Opportunity · demand

investment & funding

37,838 matched theme records

The largest current Prism news theme shows where sector attention and reported activity are concentrating.

Prism U.S. news metadata

Opportunity · innovation

Innovation and product activity

13,468 matched news records

Technology, product and R&D metadata provide an auditable view of the sector's innovation conversation.

Unique news records matching the curated innovation rule

Caution · market restraint

Industry constraints and challenges

14,945 macro/risk records

The extracted restraint and the measured macro-news pulse belong in the downside research frame.

Prism market-growth restraint plus U.S. news metadata

Caution · news pulse

Coverage growth can reverse

+37.2% news volume

The latest 12 months contain 129,429 matched records versus 94,318 in the previous window.

Available Prism coverage through 2026-05-05

Caution · sentiment

Classified tone is not demand

77.5% positive · +9.2pp

Machine-classified news tone is useful context, but it is not revenue, output or a return forecast.

Eight-quarter Prism sentiment series

Opportunity and caution cards are curated research prompts grounded in the counts shown; they are not probabilities, recommendations or forecasts. News coverage runs 2024-01-01–2026-05-05; the latest quarter may be partial.

Explore the broader U.S. industrial landscape →

08 · Scope and sources

How to read this snapshot

Basket and ranking

Five U.S.-listed issuers classified under SEC SIC 6798 (Real Estate Investment Trusts), selected as the first five names that pass all live publication gates from the latest filing revenue candidate pool ranked 31–38. Every candidate has complete cached readiness evidence. This is a research cohort, not a recommendation.

Companies are ordered by the Fliar BI Prism readiness score used by the Prism Finance USA source pack. The score is a research signal, not a recommendation.

Evidence used

Official annual filingsFY revenue history and latest profitability
U.S. exchange market snapshotDated price, 52-week range, P/E, market capitalisation and monthly-close return
Fliar BI PrismReadiness, company and industry news, community context and U.S.-scope patent records
Prism market-growth extractionDated third-party Real Estate Investment Trusts Industry in USA market benchmark with source-count, geography and confidence context

Important: Research and educational information only. Not investment advice, a recommendation, or a live-price service. Market figures are dated as of 28 August 2026.

09 · Final derived analysis

Conclusions, comparisons, anomalies, explanations and decisions

A final evidence-linked synthesis of the metrics already displayed above. Every named company opens its actual Companies Radar profile.

Conclusions

SBA Communications leads the readiness ranking

Its Prism readiness score is 37/100, the highest in this five-company comparison.

Open SBA Communications in Companies Radar

Scale and margin leadership sit with Essential Properties and SBA Communications

Essential Properties has the largest displayed latest revenue at $0.56B; SBA Communications has the widest displayed latest margin at 430.9%.

Open Essential Properties in Companies Radar Open SBA Communications in Companies Radar

Comparisons

Strongest versus weakest available price path

Essential Properties is -6.3% for its five-year window; Elme Communities is -93.4% for its five-year window.

Open Essential Properties in Companies Radar Open Elme Communities in Companies Radar

Largest versus smallest displayed revenue base

The latest displayed revenue ranges from $0.56B for Essential Properties to $0.21B for Global Net Lease. Entity and filing-period labels remain visible on the company cards.

Open Essential Properties in Companies Radar Open Global Net Lease in Companies Radar

Anomalies

Elme Communities has the widest attention-readiness rank gap

It ranks #5 by measured news attention (4.8%) and #2 by Prism readiness. The gap is a review flag, not evidence that either measure is wrong.

Open Elme Communities in Companies Radar

Global Net Lease shows a price-operating divergence to inspect

Its displayed filing-revenue change is +5320.8% while its available monthly-close return is -46.3%. The signs differ, but the two measures cover different windows and do not establish causality.

Open Global Net Lease in Companies Radar

Explanations

Attention measures coverage volume, not quality

SBA Communications's 46.5% share says it appears most often in the matched Prism corpus. It does not score whether that coverage is favourable or whether the company is investable.

Open SBA Communications in Companies Radar

Different windows explain why signals can disagree

Revenue comes from the printed filing periods, price paths use the dated monthly-close windows, and Prism signals use their stated event windows. No causal attribution is made across them.

Research decisions

Verify the readiness leader in Companies Radar

Open SBA Communications's company profile and inspect the underlying management, market-activity, innovation and risk evidence before relying on the 37/100 score.

Open SBA Communications in Companies Radar

Stress-test the largest divergence before forming a view

Compare Global Net Lease's profile with Essential Properties's profile, then reconcile the displayed filing and price windows. This is a next-research action, not a buy or sell decision.

Open Global Net Lease in Companies Radar Open Essential Properties in Companies Radar

Method boundary: These are deterministic comparisons of the displayed snapshot fields. They flag relationships for further research, do not establish causality and are not investment recommendations.