| Rank |
Company |
Revenue
($ millions) |
Assets |
Market Cap
Apr 22, 2026 |
| # 1 |
Welltower Inc. |
10,838 |
67,303 |
140,765 |
| # 2 |
Equinix Inc. |
9,217 |
40,141 |
108,799 |
| # 3 |
American Tower Corporation (REIT) |
10,645 |
63,190 |
81,958 |
| # 4 |
Realty Income Corporation |
5,749 |
72,796 |
59,047 |
| # 5 |
Ventas, Inc. |
5,834 |
27,592 |
37,880 |
| # 6 |
Crown Castle Inc. |
4,264 |
31,518 |
37,462 |
| # 7 |
Iron Mountain Incorporated (Delaware) |
6,902 |
21,125 |
34,981 |
| # 8 |
Texas Pacific Land Corp |
798 |
1,623 |
30,378 |
| # 9 |
VICI Properties Inc. |
4,006 |
46,724 |
30,103 |
| # 10 |
Extra Space Storage Inc. |
3,378 |
29,264 |
29,880 |
| # 11 |
AGNC Investment Corp. |
3,523 |
115,077 |
28,139 |
| # 12 |
AvalonBay Communities Inc. |
3,041 |
22,192 |
23,763 |
| # 13 |
Equity Residential |
3,094 |
20,746 |
23,057 |
| # 14 |
SBA Communications Corporation |
2,815 |
11,575 |
22,494 |
| # 15 |
Royal Gold Inc. |
1,030 |
9,538 |
21,249 |
| # 16 |
Weyerhaeuser Company |
6,905 |
16,613 |
17,864 |
| # 17 |
Essex Property Trust Inc. |
1,887 |
13,159 |
16,238 |
| # 18 |
W. P. Carey Inc. |
1,716 |
17,990 |
15,971 |
| # 19 |
Sun Communities Inc. |
2,306 |
12,523 |
15,726 |
| # 20 |
Host Hotels & Resorts Inc. |
6,114 |
13,049 |
14,327 |
| # 21 |
Lamar Advertising Company |
2,266 |
6,932 |
13,559 |
| # 22 |
Omega Healthcare Investors Inc. |
1,190 |
10,049 |
13,237 |
| # 23 |
Gaming & Leisure Properties, Inc. |
1,595 |
12,910 |
13,001 |
| # 24 |
Equity Lifestyle Properties Inc. |
1,531 |
5,745 |
12,183 |
| # 25 |
Healthpeak Properties Inc. |
2,823 |
20,336 |
11,354 |
| # 26 |
UDR, Inc. |
1,712 |
10,606 |
11,211 |
| # 27 |
EastGroup Properties Inc. |
721 |
5,432 |
10,808 |
| # 28 |
Camden Property Trust |
1,574 |
9,043 |
10,613 |
| # 29 |
InterDigital, Inc. |
834 |
2,064 |
9,754 |
| # 30 |
Brixmor Property Group Inc. |
1,372 |
9,133 |
9,239 |
| # 31 |
BXP, Inc. |
3,482 |
26,166 |
9,238 |
| # 32 |
American Healthcare REIT, Inc. |
2,260 |
5,426 |
9,133 |
| # 33 |
CubeSmart |
1,123 |
6,643 |
8,913 |
| # 34 |
First Industrial Realty Trust Inc. |
727 |
5,688 |
8,347 |
| # 35 |
CareTrust REIT, Inc. |
476 |
5,148 |
8,300 |
| # 36 |
NNN REIT Inc. |
926 |
9,379 |
8,294 |
| # 37 |
Lineage, Inc. |
5,355 |
19,185 |
8,160 |
| # 38 |
Alexandria Real Estate Equities Inc. |
3,027 |
34,082 |
8,114 |
| # 39 |
STAG Industrial, Inc. |
845 |
7,208 |
7,435 |
| # 40 |
STARWOOD PROPERTY TRUST, INC. |
1,844 |
63,183 |
6,761 |
| # 41 |
Essential Properties Realty Trust Inc. |
561 |
6,863 |
6,748 |
| # 42 |
Rayonier Inc. |
484 |
3,405 |
6,322 |
| # 43 |
Ryman Hospitality Properties, Inc. |
2,577 |
6,181 |
6,314 |
| # 44 |
Healthcare Realty Trust Inc |
1,181 |
9,211 |
6,305 |
| # 45 |
Dolby Laboratories, Inc. |
1,339 |
3,192 |
6,186 |
| # 46 |
Macerich Company (The) |
1,014 |
8,369 |
5,454 |
| # 47 |
OUTFRONT Media Inc. |
1,832 |
5,312 |
5,289 |
| # 48 |
HA Sustainable Infrastructure Capital, Inc. |
401 |
8,188 |
5,272 |
| # 49 |
LandBridge Co LLC |
199 |
1,366 |
5,235 |
| # 50 |
Kite Realty Group Trust |
844 |
6,664 |
5,202 |
| # 51 |
Sabra Health Care REIT, Inc. |
775 |
5,493 |
4,929 |
| # 52 |
Phillips Edison & Company, Inc. |
727 |
5,286 |
4,814 |
| # 53 |
Diversified Healthcare Trust |
1,538 |
4,361 |
4,563 |
| # 54 |
Regency Centers Corporation |
1,554 |
13,001 |
4,230 |
| # 55 |
Tanger Inc. |
551 |
225 |
4,185 |
| # 56 |
Cousins Properties Incorporated |
994 |
8,890 |
4,085 |
| # 57 |
Howard Hughes Holdings Inc. |
1,475 |
10,639 |
3,873 |
| # 58 |
Broadstone Net Lease, Inc. |
454 |
5,717 |
3,793 |
| # 59 |
Kilroy Realty Corporation |
1,113 |
10,915 |
3,701 |
| # 60 |
National Health Investors Inc. |
376 |
2,797 |
3,696 |
| # 61 |
Fermi Inc. |
|
1,413 |
3,694 |
| # 62 |
Independence Realty Trust Inc. |
658 |
6,022 |
3,660 |
| # 63 |
COPT Defense Properties |
764 |
4,702 |
3,593 |
| # 64 |
Americold Realty Trust Inc. |
2,602 |
8,122 |
3,502 |
| # 65 |
Blackstone Mortgage Trust Inc. |
1,423 |
20,003 |
3,368 |
| # 66 |
Medical Properties Trust Inc. |
972 |
15,002 |
3,166 |
| # 67 |
Apple Hospitality REIT, Inc. |
1,412 |
4,902 |
3,058 |
| # 68 |
Four Corners Property Trust, Inc. |
294 |
2,921 |
2,734 |
| # 69 |
Acadia Realty Trust |
411 |
4,837 |
2,724 |
| # 70 |
Highwoods Properties Inc. |
806 |
6,274 |
2,613 |
| # 71 |
InvenTrust Properties Corp. |
299 |
2,789 |
2,495 |
| # 72 |
DiamondRock Hospitality Co |
1,120 |
3,004 |
2,072 |
| # 73 |
NETSTREIT Corp. |
195 |
2,614 |
2,016 |
| # 74 |
CoreCivic, Inc. |
2,211 |
3,257 |
2,006 |
| # 75 |
LTC Properties Inc. |
263 |
2,062 |
1,851 |
| # 76 |
SmartStop Self Storage REIT, Inc. |
281 |
2,432 |
1,770 |
| # 77 |
Douglas Emmett Inc |
1,004 |
9,288 |
1,768 |
| # 78 |
Veris Residential, Inc. |
288 |
2,707 |
1,768 |
| # 79 |
New York Mortgage Trust Inc. |
14 |
12,639 |
1,701 |
| # 80 |
Sila Realty Trust, Inc. |
198 |
2,095 |
1,680 |
| # 81 |
Apollo Commercial Real Estate Finance, Inc. |
272 |
9,901 |
1,539 |
| # 82 |
CBL & Associates Properties Inc. |
578 |
2,729 |
1,384 |
| # 83 |
Orchid Island Capital, Inc. |
|
11,676 |
1,322 |
| # 84 |
Ladder Capital Corp |
4 |
5,153 |
1,303 |
| # 85 |
Alexander's Inc. |
213 |
1,111 |
1,276 |
| # 86 |
American Assets Trust, Inc. |
436 |
2,921 |
1,268 |
| # 87 |
JBG SMITH Properties |
499 |
4,388 |
1,155 |
| # 88 |
Sachem Capital Corp. |
8 |
460 |
1,126 |
| # 89 |
Safehold Inc. |
386 |
7,249 |
1,104 |
| # 90 |
CENTERSPACE |
274 |
1,926 |
1,083 |
| # 91 |
Easterly Government Properties, Inc. |
336 |
3,380 |
1,068 |
| # 92 |
Whitestone REIT |
161 |
1,171 |
973 |
| # 93 |
Empire State Realty Trust, Inc. |
768 |
4,469 |
941 |
| # 94 |
GLADSTONE LAND Corp |
88 |
1,239 |
856 |
| # 95 |
BrightSpire Capital, Inc. |
331 |
3,565 |
786 |
| # 96 |
Peakstone Realty Trust |
106 |
1,353 |
779 |
| # 97 |
NexPoint Residential Trust, Inc. |
251 |
1,886 |
653 |
| # 98 |
Apartment Investment and Management Company |
138 |
1,676 |
603 |
| # 99 |
National Healthcare Properties, Inc. |
342 |
1,712 |
593 |
| # 100 |
Postal Realty Trust, Inc. |
96 |
759 |
584 |