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How each company in a group stands on five things from the filings, then what each says about a topic in its latest 10-K, side by side, and how often it came up compared with the year before.

Real estate: where each company stands, in one shape

How the shape is drawn →

Five things from the filings, each ranked against all 532 companies we cover: sales growth, net margin, debt, the six accounting checks, and insider and superinvestor buying. The fuller the shape, the higher its reported figures rank. Relative position, not a buy score or advice.

All 30 companies in Real estate
O Realty Income GrowthProfitBalanceCleanInsiders Sales +9%Margin 22%Checks 2 flagged PSA Public Storage GrowthProfitBalanceCleanInsiders Sales +3%Margin 38%Checks 0 flagged VICI Vici Properties GrowthProfitBalanceCleanInsiders Sales +4%Margin 56%Checks 1 flagged CCI Crown Castle GrowthProfitBalanceCleanInsiders Sales -4%Margin 20%Checks 3 flagged CSGP CoStar Group GrowthProfitBalanceCleanInsiders Sales +19%Margin 4.9%Checks 1 flagged BXP BXP, Inc. GrowthProfitBalanceCleanInsiders Sales +2%Margin 8.4%Checks 1 flagged EXR Extra Space Storage GrowthProfitBalanceCleanInsiders Sales +4%Margin 30%Checks 0 flagged DOC Healthpeak Properties GrowthProfitBalanceCleanInsiders Sales +5%Margin 12%Checks 1 flagged INVH Invitation Homes GrowthProfitBalanceCleanInsiders Sales +4%Margin 24%Checks 0 flagged SBAC SBA Communications GrowthProfitBalanceCleanInsiders Sales +5%Margin 35%Checks 1 flagged ARE Alexandria Real Estate Equities GrowthProfitBalanceCleanInsiders Sales -3%Margin -52%Checks 1 flagged MAA Mid-America Apartment Communities GrowthProfitBalanceCleanInsiders Sales +1%Margin 18%Checks 0 flagged ESS Essex Property Trust GrowthProfitBalanceCleanInsiders Sales +6%Margin 21%Checks 0 flagged UDR UDR, Inc. GrowthProfitBalanceCleanInsiders Sales +2%Margin 41%Checks 0 flagged REG Regency Centers GrowthProfitBalanceCleanInsiders Sales +7%Margin 34%Checks 0 flagged CPT Camden Property Trust GrowthProfitBalanceCleanInsiders Sales +2%Margin 72%Checks 0 flagged FRT Federal Realty Investment Trust GrowthProfitBalanceCleanInsiders Sales +6%Margin 39%Checks 0 flagged VMRK Vivmark Residential GrowthProfitBalanceCleanInsiders Sales –Margin –Checks 0 flagged

What they say about one topic

AI: paragraphs that mention it

bar = this year · line = last year
CSGP 33 vs 7 EQIX 27 vs 23 AMT 11 vs 5 ARE 11 vs 7 BXP 11 vs 6 IRM 11 vs 6 DLR 10 vs 5 DOC 8 vs 7 REG 8 vs 3 VTR 8 vs 1 WELL 8 vs 5 ESS 7 vs 4 EXR 7 vs 0 INVH 7 vs 4 WY 7 vs 2 CCI 6 vs 3 KIM 5 vs 5 PSA 5 vs 3 SBAC 5 vs 1 PLD 4 vs 0 VMRK 4 vs 2 CBRE 3 vs 2 HST 3 vs 2 MAA 3 vs 2 O 3 vs 0 FRT 2 vs 0 SPG 2 vs 1 CPT 1 vs 1 UDR 1 vs 1 VICI 1 vs 0

CSGP COSTAR GROUP, INC.

33 paragraphs

… warranted for AI and machine learning systems and their relevant system outputs. For example, the law is uncertain across jurisdictions regarding the copyright ownership of content that is produced in whole or in part by generative AI tools. If we …

Item 1A, Risk Factors, 10-K 2026-02-26 ↗

We may be subject to legal liability for collecting, displaying, or distributing information, or integrating generative AI Technologies in our products and services. Because the content in our database is collected from various sources and distributed to others, we may …

Item 1A, Risk Factors, 10-K 2026-02-26 ↗

EQIX EQUINIX INC

27 paragraphs

We have begun leveraging AI and machine learning capabilities for our employees to use in their day-to-day operations. Failure to invest adequately in such capabilities may result in us lagging behind our competitors in terms of improving operational …

Item 1A, Risk Factors, 10-K 2026-02-11 ↗

… We expect there may also be forthcoming regulation in areas of regulating the responsible use of AI, such as the proposed EU Artificial Intelligence Act and the introduction of heightened measures to be adopted with respect to cybersecurity, operational resilience …

Item 1A, Risk Factors, 10-K 2026-02-11 ↗

AMT AMERICAN TOWER CORP /MA/

11 paragraphs

• technological changes, including artificial intelligence (“AI”), wireless equipment changes, satellite technology and an increase in the use of radio access network (“RAN”) sharing among wireless service providers;

Item 1A, Risk Factors, 10-K 2026-02-24 ↗

… deployments, as well as demand from early-stage AI-related workloads like inferencing, machine learning models and GPU-as-a-Service from neo clouds. We believe it is important for AI workloads to be collocated with hybrid installations. Our data …

Item 7, MD&A, 10-K 2026-02-24 ↗

ARE ALEXANDRIA REAL ESTATE EQUITIES, INC.

11 paragraphs

social media. In light of the recent proliferation of generative AI tools and large language models, there is also a risk that the

Item 1A, Risk Factors, 10-K 2026-01-26 ↗

Our employees and personnel use generative artificial intelligence (“AI”) and/or automated decision-making technologies to

Item 1A, Risk Factors, 10-K 2026-01-26 ↗

BXP BXP, Inc.

11 paragraphs

We use artificial intelligence and machine learning technology (collectively, “AI”) capabilities with the goal of enhancing efficiencies in conducting our business. Our deployment and application of AI remains ongoing. While these AI tools hold promise in optimizing our work processes …

Item 1A, Risk Factors, 10-K 2026-02-27 ↗

• The use of technology based on artificial intelligence and machine learning presents risks and challenges that may adversely affect our business and results of operations.

Item 1A, Risk Factors, 10-K 2026-02-27 ↗

IRM IRON MOUNTAIN INC

11 paragraphs

… Some of our products, services and processes leverage AI, including both machine learning and generative AI, and we continue to make investments in initiatives focused on the further development and deployment of these technologies. However, there is no assurance that …

Item 1A, Risk Factors, 10-K 2026-02-12 ↗

… Finally, emerging AI technology, such as AI and generative AI systems, have become subject to regulation under new laws and new applications of prior existing laws which require additional resources and increase compliance risks as we integrate AI into our …

Item 1A, Risk Factors, 10-K 2026-02-12 ↗

DLR DIGITAL REALTY TRUST, INC.

10 paragraphs

We have begun leveraging AI and machine learning capabilities for our employees to use in their day-to-day operations. Inadequate investment in or unsuccessful development of those AI capabilities may result in us lagging behind our competitors in terms …

Item 1A, Risk Factors, 10-K 2026-02-13 ↗

… In addition, emerging tools and technologies we utilize in providing our products, like AI and machine learning, may also become subject to regulation under new laws or new applications of existing laws. If we fail to comply with these various …

Item 1A, Risk Factors, 10-K 2026-02-13 ↗

DOC HEALTHPEAK PROPERTIES, INC.

8 paragraphs

We use generative artificial intelligence and/or machine learning (collectively, “AI”) tools in our investment and capital allocation decisions and operations, including commercially available AI applications or AI features available through our existing software or technology platforms. If AI tools …

Item 1A, Risk Factors, 10-K 2026-02-03 ↗

The integration of AI tools in the healthcare industry may present significant opportunities and risks, including for our tenants. For example, in the life science industry, AI predictive models have the potential to be utilized broadly across various stages of …

Item 1A, Risk Factors, 10-K 2026-02-03 ↗

REG REGENCY CENTERS CORP

8 paragraphs

… For example, any such information input into a third-party AI or machine learning platform could be revealed to others, including if information is used to train the third party's AI or machine learning models. Additionally, where an AI …

Item 1A, Risk Factors, 10-K 2026-02-13 ↗

Advanced analytics and AI may enable retailers to optimize their store footprints, potentially leading to reduced space requirements and location closures. Moreover, generative AI and virtual shopping experiences may further shift consumer behavior away from physical stores. AI-powered tools …

Item 1A, Risk Factors, 10-K 2026-02-13 ↗

VTR Ventas, Inc.

8 paragraphs

We have begun and may continue to use artificial intelligence and machine learning (collectively, “AI”) tools in our operations. We use AI in assessing marketing and sales, competitive, geospatial and intelligence relating to investment opportunities and operating our properties. However …

Item 1A, Risk Factors, 10-K 2026-02-06 ↗

Uncertainty around the safety and security of new and emerging AI applications may require additional investment in the development of proprietary datasets, machine learning models and systems to test for security, accuracy, bias and other variables, which are often complex …

Item 1A, Risk Factors, 10-K 2026-02-06 ↗

WELL WELLTOWER INC.

8 paragraphs

AI presents risks and challenges that could impact our business, including perceived breaches or privacy or security incidents related to the use of AI. We are integrating generative AI tools into our systems and our third-party business partners, including …

Item 1A, Risk Factors, 10-K 2026-02-12 ↗

Our approach to AI presents risks and challenges that can adversely impact our business

Item 1A, Risk Factors, 10-K 2026-02-12 ↗

ESS ESSEX PROPERTY TRUST, INC.

7 paragraphs

Furthermore, we use artificial intelligence technologies in our business and there are significant information technology risks involved in maintaining and deploying these technologies. There can be no assurance that our investments in such technologies will always enhance our services or …

Item 1A, Risk Factors, 10-K 2026-02-20 ↗

• changes in the general or local economic climate that could affect demand for housing, including changing demographics or policies governing legal immigration, which could lead to a relative decrease in the renting population, an increase in the use of new technologies and artificial intelligence to replace workers, and other events negatively impacting local employment rates, tenant dispersion, wages and the local economy;

Item 1A, Risk Factors, 10-K 2026-02-20 ↗

EXR Extra Space Storage Inc.

7 paragraphs

We have begun and may continue to use artificial intelligence and machine learning (collectively, “AI”) tools in our operations. We use AI in assessing marketing decisions and operating our stores. However, there can be no assurance that we will realize …

Item 1A, Risk Factors, 10-K 2026-02-20 ↗

Uncertainty around the safety and security of new and emerging AI applications may require additional investment in the development of proprietary datasets, machine learning models and systems to test for security, accuracy, bias and other variables, which are often complex …

Item 1A, Risk Factors, 10-K 2026-02-20 ↗

INVH Invitation Homes Inc.

7 paragraphs

We currently use traditional and generative AI solutions for certain marketing, operational, administrative, and other functions. We may incorporate additional generative AI solutions into our information systems in the future and these solutions may become important in our operations over …

Item 1A, Risk Factors, 10-K 2026-02-19 ↗

• We are highly dependent on information systems, and system failures, security breaches, and our use of emerging technologies such as AI could disrupt our business and present business, reputational, legal, and compliance risks;

10-K, 10-K 2026-02-19 ↗

WY WEYERHAEUSER CO

7 paragraphs

We may experience risks, liabilities or other issues relating to the use of Artificial Intelligence (AI) in our business.

Item 1A, Risk Factors, 10-K 2026-02-13 ↗

There can be no assurance that any current or future use of AI or machine learning technologies will achieve desired results, improve efficiency or otherwise benefit our business. AI systems are complex and may not always operate as intended, and …

Item 1A, Risk Factors, 10-K 2026-02-13 ↗

CCI CROWN CASTLE INC.

6 paragraphs

Despite existing security measures, certain of our information technology and communications infrastructure may be subject to damage, disruptions, or shutdowns due to unauthorized access, computer viruses, ransomware or other malicious software, cyber-attacks and other security breaches. In addition, integration and adoption of artificial intelligence and machine learning ("AI") into our business may pose new information security risks and challenges. The increased prevalence of AI may

Item 1A, Risk Factors, 10-K 2026-02-23 ↗

… Our industry continues to experience increasing operational complexity and growing reliance on digital tools, automation, data analytics, and integrated systems, including the use of artificial intelligence. We continue to seek to drive organizational improvement through digital transformation initiatives and modernizing …

Item 1A, Risk Factors, 10-K 2026-02-23 ↗

KIM KIMCO REALTY CORP

5 paragraphs

… Moreover, artificial intelligence or machine learning models may create incomplete, inaccurate, or otherwise flawed outputs, some of which may appear correct. Due to these issues, these models could lead us to make flawed decisions that could result in adverse consequences …

Item 1A, Risk Factors, 10-K 2026-02-20 ↗

Further, bad actors around the world use increasingly sophisticated methods, including the use of artificial intelligence, to engage in illegal activities involving the theft and misuse of personal information, confidential information, and intellectual property. In addition, uncertainty in the legal …

Item 1A, Risk Factors, 10-K 2026-02-20 ↗

PSA Public Storage

5 paragraphs

Our use of or inability to safely and effectively adopt and deliver new technological capabilities and enhancements in line with strategic objectives, including artificial intelligence and machine learning, may put us at a competitive disadvantage; cause us to miss opportunities to innovate, achieve efficiencies, or improve the customer experience; or adversely impact our business, reputation, results of operations, and financial condition. For example, we have begun to

Item 1A, Risk Factors, 10-K 2026-02-12 ↗

utilize artificial intelligence technologies in various aspects of our business, which are susceptible to errors and other

Item 1A, Risk Factors, 10-K 2026-02-12 ↗

SBAC SBA COMMUNICATIONS CORP

5 paragraphs

… In addition, any failure on our part to evolve with developments in artificial intelligence, which is potentially more power-intensive and which may require levels of power that our facilities may not be designed to provide, may reduce the demand …

Item 1A, Risk Factors, 10-K 2026-02-27 ↗

… services, such as virtual private networks and collaboration platforms as a result of remote working), errors, adverse impacts of artificial intelligence, catastrophic events such as natural disasters, and other events beyond our control. If our, or those of our vendors …

Item 1A, Risk Factors, 10-K 2026-02-27 ↗

PLD Prologis, Inc.

4 paragraphs

Our business and operations could suffer in the event of system failures, cybersecurity attacks or risks associated with AI.

Item 1A, Risk Factors, 10-K 2026-02-13 ↗

… Despite training, detection systems and response procedures, an increase in email attacks (phishing and business email compromise) and the rise in use of AI tools may create disruption to our business, financial and reputational risk.

Item 1A, Risk Factors, 10-K 2026-02-13 ↗

VMRK VIVMARK RESIDENTIAL

4 paragraphs

We have incorporated and may continue to incorporate the use of generative and/or agentic artificial intelligence ("AI") within our business, and these solutions and features may become more important to our operations or to our future growth over time …

Item 1A, Risk Factors, 10-K 2026-02-13 ↗

Our approach to artificial intelligence may not be successful and could adversely affect our business.

Item 1A, Risk Factors, 10-K 2026-02-13 ↗

CBRE CBRE GROUP, INC.

3 paragraphs

… In addition, we make significant investments in new systems and tools to achieve competitive advantages and efficiencies, including the adoption and integration of artificial intelligence (AI) and machine learning technologies. Implementation of such investments in information technology, including generative and …

Item 1A, Risk Factors, 10-K 2026-02-12 ↗

violations. Several jurisdictions in which we operate are considering or have proposed or enacted legislation and policies regulating AI and non-personal data, such as the European Union’s AI Act. These new regulations may diverge from one another, which could require us to navigate different obligations and enforcement actions in different geographies. Any violations of these laws may lead to reputational damage, financial penalties and increased regulatory scrutiny and oversight.

Item 1A, Risk Factors, 10-K 2026-02-12 ↗

HST HOST HOTELS & RESORTS, INC.

3 paragraphs

… We, our managers and third-party providers may be unable to identify, investigate or remediate cyber events or incidents because attackers are increasingly using sophisticated techniques and tools (including artificial intelligence (AI) and machine learning) that can avoid detection, circumvent …

Item 1A, Risk Factors, 10-K 2026-02-25 ↗

… Search engines (including generative AI search) and peer-to-peer inventory sources also provide online travel services that compete with our hotels. If bookings shift to higher cost distribution channels, including these internet travel intermediaries, it could materially impact our …

Item 1A, Risk Factors, 10-K 2026-02-25 ↗

MAA MID AMERICA APARTMENT COMMUNITIES INC.

3 paragraphs

Our business continues and will continue to demand the use of sophisticated systems, software and technology, including artificial intelligence. These systems, software and technologies must be refined, updated and replaced on a regular basis in order for us to meet …

Item 1A, Risk Factors, 10-K 2026-02-06 ↗

… The rapid evolution and increased adoption of artificial intelligence technologies, by us and our third-party service providers, may also heighten our cybersecurity risks by making cyber attacks more difficult to detect, contain and mitigate. In addition, third-party information …

Item 1A, Risk Factors, 10-K 2026-02-06 ↗

O REALTY INCOME CORP

3 paragraphs

Further, we also rely on innovation in our IT and our use of or inability to adopt and deliver new technological capabilities and enhancements in line with strategic objectives, including artificial intelligence and machine learning, may put us at a …

Item 1A, Risk Factors, 10-K 2026-02-25 ↗

The risk of a cybersecurity breach or operational disruption, including by computer hackers, foreign governments and cyber terrorists, has generally increased as the number, intensity and sophistication of attempted attacks (including through the use of artificial intelligence) and intrusions from …

Item 1A, Risk Factors, 10-K 2026-02-25 ↗

FRT FEDERAL REALTY INVESTMENT TRUST

2 paragraphs

… As part of our processes to manage risks from cybersecurity threats and our use of artificial intelligence, we have developed and enforce company-wide policies related to password encryption, strength and expiration, we require multi-factor authentication where appropriate, conduct …

10-K, 10-K 2026-02-12 ↗

… The assessment and management of our cybersecurity risks covers all of our internal systems, the systems of third parties who maintain our data, and our use of artificial intelligence.

10-K, 10-K 2026-02-12 ↗

SPG SIMON PROPERTY GROUP INC.

2 paragraphs

… We have adopted certain generative AI tools into our systems for specific use cases reviewed by legal and information security. Where a generative AI or machine learning model ingests our proprietary information and makes connections using such data, those technologies …

Item 1A, Risk Factors, 10-K 2026-02-25 ↗

… Sensitive, proprietary, or confidential information of the Company, our tenants and employees, could be used in a generative AI or machine learning application and we may be unable to control, safeguard, or prevent the use or misuse of such information …

Item 1A, Risk Factors, 10-K 2026-02-25 ↗

CPT CAMDEN PROPERTY TRUST

1 paragraph

… As we have incorporated and may continue to incorporate the use of generative artificial intelligence and other advancing technologies, any breach, interruption, or security failure of those technologies, or any non-compliance with applicable laws, could have a negative impact …

Item 1A, Risk Factors, 10-K 2026-02-12 ↗

UDR UDR, Inc.

1 paragraph

… Our business continues and will continue to demand the use of sophisticated systems, software and technology, including artificial intelligence. These systems, software and technologies must be refined, updated and replaced on a regular basis in order for us to meet …

Item 1A, Risk Factors, 10-K 2026-02-17 ↗

VICI VICI PROPERTIES INC.

1 paragraph

… Further, these risks are exacerbated with the advancement and accessibility of artificial intelligence (“AI”) technology, including the adoption of AI tools by us or by third parties. Threat actors may use AI technology and tools to develop new, more sophisticated …

Item 1A, Risk Factors, 10-K 2026-02-25 ↗