The Daily REITBeat | Wednesday, July 9th, 2025
"What's the Going Rate?"
- "US stock futures rose as traders awaited announcements on the tariff status for a number of countries, a day after President Donald Trump escalated his trade rhetoric and threatened more charges on copper.
- Contracts for the S&P 500 ticked higher 0.2% after the US benchmark closed little changed in the previous session. European stocks advanced 0.8% to the highest in almost a month. LME copper slid as much as 2.4%. The metal retreated 2.6% in New York after Tuesday’s 13% surge."
- FRT announced a first-of-its-kind agreement with Mercedes-Benz High-Power Charging (HPC), naming the automaker its preferred electric vehicle (EV) charging provider which establishes the foundation for a scalable rollout, expected to bring more than 500 ultra-fast charging stalls to at least 50 of its premier open-air retail destinations in its national portfolio
- Yesterday, CBL closed on a $78.0 million non-recourse loan secured by Cross Creek Mall in Fayetteville, NC noting that the new five-year loan bears a fixed interest rate of 6.856% and proceeds from the loan were used to retire the existing $81.9 million loan secured by the property, which bore an interest rate of 8.19% and was scheduled to mature in August 2025
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David Auerbach & Mary Jensen
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David Auerbach
dauerbach@irrealized.com
214.492.3777
David Auerbach boasts over two decades of experience in the securities industry, specializing as an institutional trader with a focus on Real Estate Investment Trusts (REITs), Equity and Preferred stocks, MLPs, ETFs, and Closed End Funds.
Based in Dallas, TX throughout his entire career, David currently serves as the Chief Investment Officer for Hoya Capital, managing the Hoya Housing 100 ETF (Ticker: HOMZ) and The High Yield Dividend ETF (Ticker: RIET).
Previously, David held the position of Managing Director at Armada ETF Advisors, the sub-advisor for the Residential REIT ETF (Ticker: HAUS) and The Private Real Estate Strategy via Liquid REITs ETF (Ticker: PRVT). Additionally, he acts as a consultant with IRRealized, LLC, focusing on corporate access in the REIT industry.
David's industry journey includes roles at World Equity Group, Esposito Securities, and Green Street Advisors where he got his start in the REIT industry. At Esposito Securities, he played a crucial role in building the REIT/Real Estate platform and worked extensively with institutional investors, Equity REITs, and ETF issuers.
Throughout his career, David has been quoted by reputable publications such as Bloomberg, WSJ, Financial Times, REIT.com, and GlobeSt.com. He has also made notable appearances as a featured guest on networks like Yahoo Finance, TD Ameritrade, and Bloomberg.
David holds a BBA in Finance from the University of Texas at Austin (May 1999) and an MBA in Finance from Southern Methodist University (May 2005). He maintains FINRA Series 7, 24, 55, and 63 registrations.
In his leisure time, David is an avid traveler, often found crisscrossing the country in pursuit of attending as many Phish concerts as possible.
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Last updated: 2025-12-07 - v0.3