Today's Proxy Compensation Spotlight – Paying up for underperformance: Americold Realty $COLD - COLD has underperformed its proxy peers cited in their filings on a trailing 1-, 3-, and 5- year basis on total shareholder returns (TSR). The underperformance is not an anomaly and

Today's Proxy Compensation Spotlight – Paying up for underperformance: CubeSmart $CUBE - CUBE has underperformed its proxy peers cited in their filings on a trailing 1-, 3-, and 5- year basis on total shareholder returns (TSR). - Persistent and consistent underperformance

Today's Proxy Compensation Spotlight – Paying up for underperformance: Crown Castle $CCI - CCI has underperformed its proxy peers cited in their filings on a trailing 1-, 3-, and 5- year basis on total shareholder returns (TSR). The underperformance is not an anomaly and we

Today's Proxy Compensation Spotlight – Paying up for underperformance: AvalonBay Communities $AVB - AVB has underperformed its proxy peers cited in their filings on a trailing 1-, 3-, and 5- year basis on total shareholder returns (TSR). The underperformance is not an anomaly

Today's Proxy Compensation Spotlight – Paying up for underperformance: SBA Communications $SBAC - SBAC has underperformed its proxy peers cited in their filings on a trailing 1-, 3-, and 5- year basis on total shareholder returns (TSR). The underperformance is not an anomaly and

Today's Proxy Compensation Spotlight – Paying up for underperformance: Rexford Industrial Realty $REXR - REXR has underperformed its proxy peers cited in their filings on a trailing 1-, 3-, and 5- year basis on total shareholder returns (TSR). - Persistent and consistent

Today's Proxy Compensation Spotlight – Paying up for underperformance: WP Carey $WPC - WPC has underperformed its proxy peers cited in their filings on a trailing 1-, 3-, and 5- year basis on total shareholder returns (TSR). The underperformance is not an anomaly and we believe

Today's Proxy Compensation Spotlight – Paying up for underperformance: Equity Residential $EQR - EQR has underperformed its proxy peers cited in their filings on a trailing 1-, 3-, and 5- year basis on total shareholder returns (TSR). The underperformance is not an anomaly and

ISS and Glass Lewis both recommend National Health Investors $NHI shareholders vote FOR both of Land & Buildings’ director nominees Jim Hoffmann and Adam Troso: • ISS highlights NHI’s “remarkably reactive and defensive” approach to corporate governance and concludes it is

L&B White Paper: The Executive Compensation Conundrum - How Much is Too Much? Link to white paper: landandbuildings.com/white-paper-th… 15 REIT CEOs have consistently underperformed their proxy peers, yet their executive compensation was rarely adjusted Executives should be subject to the

National Healthcare Corp is at risk of losing nearly 40% of its EBITDA on our estimates as its highly profitable lease with REIT landlord National Healthcare Investors $NHI is likely renewed at a substantially higher market rate or lost to another operator altogether as we

L&B White Paper: The Executive Compensation All Stars Link to white paper: landandbuildings.com/whitepaper-the… Welltower $WELL and Iron Mountain $IRM are “All Stars” in REITs generating consistent outperformance to proxy peers. A combination of tailwinds in their core businesses and

Excited to have joined Ronald Orol on The Deal’s podcast to discuss insights from our recent white papers on REIT executive compensation and activism in REITs. podcast.thedeal.com/1483387/episod…

We were pleased to see Elliott Management increasing the pressure on $EQIX in what we see as a long overdue step to maximize the value of EQIX's best in class colo data center assets. EQIX has been a laggard over the last five years compared to its proxy peers, underperforming

$EQIX muddling along – For an industry, data centers, that is enjoying exponential growth, management seems to be doing its best to quash the opportunity for shareholders. I have been investing in and analyzing public real estate companies for over 30 years, from the mundane net