Peer reviews

AI-assembled from public SEC filings

Real estate investment trusts peer review

Descriptive comparison assembled from public SEC filings and verified companyfacts.

Descriptive comparison — not investment advice. This feature-specific review is assembled from a frozen evidence pack of public SEC filing quotes and verified SEC companyfacts numbers. It is descriptive only and makes no judgment about which company is better. It is not a rating, recommendation, endorsement, forecast, or investment advice. Figures are as of their cited filing dates. See Disclaimer.

Methodology

Mechanical broad-REIT cluster: the top 12 existing grepcent companies by latest reported revenue from SEC SIC 6798 Real Estate Investment Trusts, requiring latest revenue and net income facts. A retail/shopping-center-only subtype was not used because grepcent's normalized company data does not carry a reliable property-subtype field.

The cluster is selected mechanically from public SEC SIC 6798 companies already present in grepcent's processed universe, sorted by latest reported revenue. It is deliberately broad across property types because retail REIT subtype membership is not normalized in the processed data; the review does not infer proprietary REIT classifications. The review publishes no proprietary index-membership labels.

Pack hash: 6033860f9d7cde31b3d5455dc14143ae97fb24eb2e6c1d85424988d257c22215. Generated: 2026-07-21.

Verified Quantitative Matrix

Numbers are templated from frozen SEC companyfacts-derived facts already verified by grepcent. Fiscal periods and filing dates are shown in each cell; comparability markers use day-level period ends and reported XBRL source concepts.

Code-computed comparisons

• Reported net margin range: range endpoints are LINE (-1.87%) and SPG (84.28%). Calendar period: 2025-Q4. Computed from facts NUM_LINE_NET_MARGIN_FY2025 and NUM_SPG_NET_MARGIN_FY2025; comparability: period aligned; reference 2025-12-31; offsets AMT 0d aligned, DLR 0d aligned, EQIX 0d aligned, HST 0d aligned, IRM 0d aligned, LINE 0d aligned, O 0d aligned, PLD 0d aligned, SPG 0d aligned, VTR 0d aligned, WELL 0d aligned, WY 0d aligned; tags mixed; concepts us-gaap:NetIncomeLoss, us-gaap:ProfitLoss, us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, us-gaap:Revenues; concept mapping AMT -> us-gaap:ProfitLoss + us-gaap:Revenues; DLR -> us-gaap:NetIncomeLoss + us-gaap:Revenues; EQIX -> us-gaap:NetIncomeLoss + us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; HST -> us-gaap:NetIncomeLoss + us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; IRM -> us-gaap:ProfitLoss + us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; LINE -> us-gaap:NetIncomeLoss + us-gaap:Revenues; O -> us-gaap:NetIncomeLoss + us-gaap:Revenues; PLD -> us-gaap:NetIncomeLoss + us-gaap:Revenues; SPG -> us-gaap:ProfitLoss + us-gaap:Revenues; VTR -> us-gaap:ProfitLoss + us-gaap:Revenues; WELL -> us-gaap:ProfitLoss + us-gaap:Revenues; WY -> us-gaap:NetIncomeLoss + us-gaap:Revenues; no authored numeric comparison.
• Latest reported revenue range: range endpoints are LINE (5,355,000,000) and WELL (10,838,034,000). Calendar period: 2025-Q4. Computed from facts NUM_LINE_REVENUE_FY2025 and NUM_WELL_REVENUE_FY2025; comparability: period aligned; reference 2025-12-31; offsets AMT 0d aligned, DLR 0d aligned, EQIX 0d aligned, HST 0d aligned, IRM 0d aligned, LINE 0d aligned, O 0d aligned, PLD 0d aligned, SPG 0d aligned, VTR 0d aligned, WELL 0d aligned, WY 0d aligned; tags mixed; concepts us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, us-gaap:Revenues; concept mapping AMT -> us-gaap:Revenues; DLR -> us-gaap:Revenues; EQIX -> us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; HST -> us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; IRM -> us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; LINE -> us-gaap:Revenues; O -> us-gaap:Revenues; PLD -> us-gaap:Revenues; SPG -> us-gaap:Revenues; VTR -> us-gaap:Revenues; WELL -> us-gaap:Revenues; WY -> us-gaap:Revenues; no authored numeric comparison.

Market-risk companion: risk and factor comparison from lmfin. It is descriptive and separate from the SEC fundamentals review.

Narrative Matrix

Gate summary

Facts: 84. Claims survived: 0. Claims dropped: 0. Cells quarantined: 72.

Quarantined quantitative rows

• No quantitative metric rows quarantined.

Quarantined dimensions

• business_model: No verified cells survived the gate.
• geographic_customer_exposure: No verified cells survived the gate.
• capital_allocation: No verified cells survived the gate.
• stated_strategy: No verified cells survived the gate.
• idiosyncratic_risks: No verified cells survived the gate.
• recent_narrative_change: No verified cells survived the gate.

Quarantined cells

• WELL / business_model: No direct dimension-relevant quote survived the evidence gate.
• AMT / business_model: No direct dimension-relevant quote survived the evidence gate.
• EQIX / business_model: No direct dimension-relevant quote survived the evidence gate.
• PLD / business_model: No direct dimension-relevant quote survived the evidence gate.
• WY / business_model: No direct dimension-relevant quote survived the evidence gate.
• IRM / business_model: No direct dimension-relevant quote survived the evidence gate.
• SPG / business_model: No direct dimension-relevant quote survived the evidence gate.
• HST / business_model: No direct dimension-relevant quote survived the evidence gate.
• DLR / business_model: No direct dimension-relevant quote survived the evidence gate.
• VTR / business_model: No direct dimension-relevant quote survived the evidence gate.
• O / business_model: No direct dimension-relevant quote survived the evidence gate.
• LINE / business_model: No direct dimension-relevant quote survived the evidence gate.
• WELL / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
• AMT / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
• EQIX / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
• PLD / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
• WY / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
• IRM / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
• SPG / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
• HST / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
• DLR / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
• VTR / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
• O / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
• LINE / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.