Real Estate Investment Trusts—or REITs—were left for dead in 2025. After two straight years of underperformance, the group became one of the market’s most widely avoided corners—largely because rising interest rates are kryptonite for a sector built on leverage and access to capital.
In a recent conversation with Brad Thomas of Wide Moat Research, the tone was noticeably different. The setup for 2026 is starting to look like the mirror image of what punished REIT investors in 2024 and 2025.
