Themes / Group
Active · newly observed relationshipLatest completed snapshot · Aug 24 · 16:55 ET

MARKET-DISCOVERED GROUP

REITs

THE TRADER READShared activity without a clean directional read

Price direction is split across 12 measured members. Capital-flow confirmation is unavailable.

Price breadth4 up · 8 downRelative median unavailable
Capital-flow alignmentUnavailablePrice breadth is not yet confirmed by flow
Activity nowBuilding_pressureActivity score 45/100
Evidence depth0 support daysLow sample—context, not a validated playbook
EVIDENCE CLOCK

What happened, in timestamp order

0 timed events
TIMING READA causal timing read is unavailable because no material member price onset could be timestamped.

No session event has enough timestamp precision to place on the clock.

2 earlier filing context receipts

MON, FEB 9ADC filing documented shared operating contextcredit / rates affecting interest expense · date precision only

TUE, FEB 10NNN filing documented shared operating contextcredit / rates affecting interest expense · date precision only

Headline times and retained activity confirmations are point-in-time evidence. Price order is inferred from aligned 5-minute bars. Filing evidence has date precision only and is context, not an intraday catalyst claim.

01 · WHAT IS HAPPENING

The move, the flow and who is driving it

Price breadth, unusual activity and signed capital flow are separate observations
Price sequence unavailableA timestamped price sequence is unavailable.
RELATIVE CO-MOVEMENT

How the members are behaving together

Session-normalized

Observed intraday paths are not available for this group yet.

02 · WHY IT MATTERS

Why now and where the move could travel

Context and lead/lag links are evidence, not proof of causation or a forecast
WHY NOW

Verified recent context

0 items

No verified recent catalyst is attached to this move. The relationship may be market-led rather than news-led.

WHY THIS GROUP EXISTS

Shared filing context

12/12 members covered

Moderate filing support: the strongest shared 10-Q/K outlook is operating setup (near-term outlook) across BNL, EPR, EPRT, NNN, SUI, VICI, WPC.

credit / rates affecting interest expense

“In addition to the transactions outlined above, interest expense increased as a result of the Credit Facility's weighted average outstanding balance of $106,166,000 with a weighted average interest rate of 5.04% for the year ended December 31, 2025, compared to a lower weighted average outstanding balance of $60,775,000, but with a higher weighted average interest rate of 6.25% for the year ended December 31, 2024.”

NNN 10-K · 2026-02-11
credit / rates

“In June 2026, NNN amended its Credit Facility to lower the applicable margin by five basis points, resulting in a new interest rate of SOFR plus 72.5 basis points, subject to change based on a tiered margin structure tied to NNN's credit rating.”

NNN 10-Q · 2026-08-05
restructuring affecting expense

“Retirement and severance costs increased for the year ended December 31, 2025 compared to the same period in 2024, primarily due to costs in connection with the retirement and transition agreement of the former Executive Vice President, Chief Financial Officer, Assistant Secretary and Treasurer.”

NNN 10-K · 2026-02-11
CONFIRMATION NETWORK

Outsiders and cross-asset links

0 outsiders confirming
O → UVXYPositive historical lead/lag · strength 0.19

Filing-linked outsiders test whether the move is spreading beyond the established cohort.

No high-confidence filing-linked outsiders are available for this group yet.

03 · WHO IS IN IT

Member participation

Unusual activity and daily price direction are shown separately
ADCEPRVICISUINNNOGLPIFCPTBNLWPCHREPRT

9/12 active4 rising · 8 falling

MemberUnusual activityToday's moveRead now
ADCAgree Realty Corporation
Elevated · 100/100
-0.4%
Active; unclassifiedHistorical role unavailable
EPREPR Properties
Elevated · 100/100
-0.2%
Active; unclassifiedHistorical role unavailable
VICIVICI Properties Inc.
Elevated · 90/100
-1.8%
Active; unclassifiedHistorical role unavailable
SUISun Communities, Inc.
Elevated · 89/100
+2.1%
Active; unclassifiedHistorical role unavailable
NNNNNN REIT, Inc.
Most unusual · 71/100
-0.5%
Active; unclassifiedHistorical role unavailable
ORealty Income Corporation
Elevated · 66/100
-0.5%
Active; unclassifiedHistorical role unavailable
GLPIGaming and Leisure Properties, Inc.
Elevated · 58/100
-2.1%
Active; unclassifiedHistorical role unavailable
FCPTFour Corners Property Trust, Inc.
Elevated · 55/100
-0.7%
Active; unclassifiedHistorical role unavailable
BNLBroadstone Net Lease, Inc.
Elevated · 52/100
+1.6%
Active; unclassifiedHistorical role unavailable
WPCW. P. Carey Inc.
Elevated · 51/100
+0.2%
Active; unclassifiedHistorical role unavailable
HRHealthcare Realty Trust Incorporated
Elevated · 50/100
+0.3%
Active; unclassifiedHistorical role unavailable
EPRTEssential Properties Realty Trust, Inc.
Elevated · 49/100
-0.6%
Active; unclassifiedHistorical role unavailable
View exact member values
TICKERCompanyRole nowTodayObserved historyTrader interpretation
ADCAgree Realty CorporationParticipating-0.4%—Price participation is not yet confirmed by per-name flow.
EPREPR PropertiesParticipating-0.2%—Price participation is not yet confirmed by per-name flow.
VICIVICI Properties Inc.Participating-1.8%—Price participation is not yet confirmed by per-name flow.
SUISun Communities, Inc.Participating+2.1%—Price participation is not yet confirmed by per-name flow.
NNNNNN REIT, Inc.Most unusual-0.5%—Most unusual activity in this snapshot; performance direction may differ.
ORealty Income CorporationParticipating-0.5%—Price participation is not yet confirmed by per-name flow.
GLPIGaming and Leisure Properties, Inc.Participating-2.1%—Price participation is not yet confirmed by per-name flow.
FCPTFour Corners Property Trust, Inc.Participating-0.7%—Price participation is not yet confirmed by per-name flow.
BNLBroadstone Net Lease, Inc.Participating+1.6%—Price participation is not yet confirmed by per-name flow.
WPCW. P. Carey Inc.Participating+0.2%—Price participation is not yet confirmed by per-name flow.
HRHealthcare Realty Trust IncorporatedParticipating+0.3%—Price participation is not yet confirmed by per-name flow.
EPRTEssential Properties Realty Trust, Inc.Participating-0.6%—Price participation is not yet confirmed by per-name flow.

04 · HAS THIS HAPPENED BEFORE

Identity history versus measured outcomes

Structural recurrence is not the same as a validated trading outcome
POINT-IN-TIME LIVE OUTCOMES

Live outcome ledger collecting

0/0 events completed

No completed point-in-time outcome is available yet. New live confirmations are now retained with their exact observation timestamp; statistics appear only after the corresponding candles complete.

No point-in-time live observations have completed yet.
Low structural sample

Only 0 completed episodes across 0 active sessions; treat history as context, not a validated playbook. These episode counts describe recurrence; the outcome ledger above is the only forward-performance evidence.

Structural support0 daysHow often the cohort identity was observed
Completed episodes0Separate periods of broad group activity
Active sessions0Completed session observations, not trades

Historical cohort observations are not available yet.