Top Real Estate Cash-Rich Stocks
Top real estate companies ranked by cash & equivalents, latest annual filings.
What Cash Reserves Mean for Real Estate Companies
Cash and equivalents captures liquid balances available for operations, property acquisitions, or development funding. In real estate, REITs are structurally designed to distribute the majority of their taxable income, so large retained cash balances are unusual. When one appears it often signals a pending acquisition, recent asset disposition proceeds, or a development pipeline being funded before stabilization pushes properties into the distributing base.
Why Cash Matters Less in Real Estate
Because REIT tax status requires most of taxable income to flow out as distributions, cash reserves are a poor proxy for financial strength in this sector. Liquidity instead lives in credit facilities, unencumbered properties that can be pledged, and access to unsecured bond markets. REITs that maintain deep bank-line capacity often have more genuine flexibility than peers showing larger cash balances but thinner contingent borrowing room against a downturn.
What to Read Alongside
Pair cash reserves with [Long-term Debt](/financials/most-indebted-stocks/real-estate/) to frame portfolio leverage, [Free Cash Flow](/financials/top-free-cash-flow-stocks/real-estate/) to see generation after recurring property capex, and [CapEx](/financials/biggest-capex-stocks/real-estate/) to see how much of the cash flow is funding the development pipeline.
| # | Symbol | Company | Sector | ||
|---|---|---|---|---|---|
| 1 | WELL | Welltower Inc. | Real Estate | $5.03B | $166.60B |
| 2 | DLR | Digital Realty Trust, Inc. | Real Estate | $3.45B | $64.05B |
| 3 | NLY | Annaly Capital Management, Inc. | Real Estate | $2.04B | $16.86B |
| 4 | CBRE | CBRE Group, Inc. | Real Estate | $1.86B | $38.98B |
| 5 | RITM | Rithm Capital Corp. | Real Estate | $1.85B | $5.15B |
| 6 | EQIX | Equinix, Inc. | Real Estate | $1.73B | $100.95B |
| 7 | CSGP | CoStar Group, Inc. | Real Estate | $1.63B | $11.30B |
| 8 | BXP | BXP, Inc. | Real Estate | $1.48B | $10.80B |
| 9 | AMT | American Tower Corporation | Real Estate | $1.47B | $78.66B |
| 10 | HHH | Howard Hughes Holdings Inc. | Real Estate | $1.47B | $4.30B |
| 11 | PLD | Prologis, Inc. | Real Estate | $1.15B | $132.85B |
| 12 | BEKE | KE Holdings Inc. | Real Estate | $1.11B | $17.82B |
| 13 | OPEN | Opendoor Technologies Inc. | Real Estate | $0.96B | $4.39B |
| 14 | RYN | Rayonier Inc. | Real Estate | $0.84B | $6.53B |
| 15 | TWO | Two Harbors Investment Corp. | Real Estate | $0.84B | $1.27B |
| 16 | VNO | Vornado Realty Trust | Real Estate | $0.84B | $7.36B |
| 17 | IHS | IHS Holding Limited | Real Estate | $0.83B | $2.76B |
| 18 | SPG | Simon Property Group, Inc. | Real Estate | $0.82B | $71.76B |
| 19 | CWK | Cushman & Wakefield Limited | Real Estate | $0.78B | $3.02B |
| 20 | HST | Host Hotels & Resorts, Inc. | Real Estate | $0.77B | $16.01B |
| 21 | VTR | Ventas, Inc. | Real Estate | $0.74B | $44.92B |
| 22 | ORC | Orchid Island Capital, Inc. | Real Estate | $0.67B | $1.36B |
| 23 | JLL | Jones Lang LaSalle Incorporated | Real Estate | $0.60B | $14.59B |
| 24 | SUI | Sun Communities, Inc. | Real Estate | $0.57B | $14.76B |
| 25 | VICI | VICI Properties Inc. | Real Estate | $0.56B | $28.94B |
| 26 | ARE | Alexandria Real Estate Equities, Inc. | Real Estate | $0.55B | $8.28B |
| 27 | MPW | Medical Properties Trust, Inc. | Real Estate | $0.54B | $3.02B |
| 28 | DX | Dynex Capital, Inc. | Real Estate | $0.53B | $2.84B |
| 29 | STWD | Starwood Property Trust, Inc. | Real Estate | $0.50B | $6.16B |
| 30 | ABR | Arbor Realty Trust, Inc. | Real Estate | $0.48B | $0.96B |
| 31 | RHP | Ryman Hospitality Properties, Inc. | Real Estate | $0.47B | $7.82B |
| 32 | DOC | Healthpeak Properties, Inc. | Real Estate | $0.47B | $14.93B |
| 33 | WY | Weyerhaeuser Company | Real Estate | $0.46B | $17.16B |
| 34 | BXMT | Blackstone Mortgage Trust, Inc. | Real Estate | $0.45B | $2.88B |
| 35 | AGNCM | AGNC Investment Corp. | Real Estate | $0.45B | $8.85B |
| 36 | O | Realty Income Corporation | Real Estate | $0.43B | $59.47B |
| 37 | RLJ | RLJ Lodging Trust | Real Estate | $0.41B | $1.76B |
| 38 | FRMI | Fermi Inc. | Real Estate | $0.41B | $4.30B |
| 39 | FOR | Forestar Group Inc. | Real Estate | $0.38B | $1.55B |
| 40 | PGRE | Paramount Group, Inc. | Real Estate | $0.38B | $1.46B |
| 41 | SVC | Service Properties Trust | Real Estate | $0.35B | $1.11B |
| 42 | DEI | Douglas Emmett, Inc. | Real Estate | $0.34B | $2.09B |
| 43 | VTMX | Corporación Inmobiliaria Vesta, S.A.B. de C.V. | Real Estate | $0.34B | $3.19B |
| 44 | BRX | Brixmor Property Group Inc. | Real Estate | $0.33B | $9.71B |
| 45 | PSA | Public Storage | Real Estate | $0.32B | $56.00B |
| 46 | CURB | Curbline Properties Corp. | Real Estate | $0.29B | $3.46B |
| 47 | MAC | The Macerich Company | Real Estate | $0.28B | $7.06B |
| 48 | CIM | Chimera Investment Corporation | Real Estate | $0.28B | $1.09B |
| 49 | CDP | COPT Defense Properties | Real Estate | $0.27B | $4.14B |
| 50 | PMT | PennyMac Mortgage Investment Trust | Real Estate | $0.27B | $0.88B |
| 51 | SBAC | SBA Communications Corporation | Real Estate | $0.26B | $19.86B |
| 52 | RWT | Redwood Trust, Inc. | Real Estate | $0.26B | $0.64B |
| 53 | PK | Park Hotels & Resorts Inc. | Real Estate | $0.23B | $2.92B |
| 54 | NMRK | Newmark Group, Inc. | Real Estate | $0.23B | $2.61B |
| 55 | GLPI | Gaming and Leisure Properties, Inc. | Real Estate | $0.22B | $12.42B |
| 56 | MFA | MFA Financial, Inc. | Real Estate | $0.21B | $0.96B |
| 57 | KIM | Kimco Realty Corporation | Real Estate | $0.21B | $17.03B |
| 58 | NYMT | New York Mortgage Trust, Inc. | Real Estate | $0.21B | $0.65B |
| 59 | ADAM | Adamas Trust, Inc. | Real Estate | $0.21B | $0.82B |
| 60 | CIGI | Colliers International Group Inc. | Real Estate | $0.21B | $4.86B |
| 61 | EFC | Ellington Financial Inc. | Real Estate | $0.20B | $1.71B |
| 62 | COMP | Compass, Inc. | Real Estate | $0.20B | $8.73B |
| 63 | CTRE | CareTrust REIT, Inc. | Real Estate | $0.20B | $9.57B |
| 64 | AVB | AvalonBay Communities, Inc. | Real Estate | $0.19B | $71.89B |
| 65 | KW | Kennedy-Wilson Holdings, Inc. | Real Estate | $0.18B | $1.52B |
| 66 | PEB | Pebblebrook Hotel Trust | Real Estate | $0.18B | $2.12B |
| 67 | GNL | Global Net Lease, Inc. | Real Estate | $0.18B | $1.86B |
| 68 | KRC | Kilroy Realty Corporation | Real Estate | $0.18B | $4.59B |
| 69 | LXP | LXP Industrial Trust | Real Estate | $0.17B | $3.24B |
| 70 | FBRT | Franklin BSP Realty Trust, Inc. | Real Estate | $0.17B | $0.62B |
| 71 | REXR | Rexford Industrial Realty, Inc. | Real Estate | $0.17B | $8.02B |
| 72 | MMI | Marcus & Millichap, Inc. | Real Estate | $0.16B | $1.13B |
| 73 | IRM | Iron Mountain Incorporated | Real Estate | $0.16B | $36.49B |
| 74 | NNN | NNN REIT, Inc. | Real Estate | $0.16B | $9.01B |
| 75 | SLG | SL Green Realty Corp. | Real Estate | $0.16B | $3.55B |
| 76 | WPC | W. P. Carey Inc. | Real Estate | $0.16B | $16.02B |
| 77 | FSV | FirstService Corporation | Real Estate | $0.15B | $6.65B |
| 78 | PCH | PotlatchDeltic Corporation | Real Estate | $0.15B | $3.23B |
| 79 | XHR | Xenia Hotels & Resorts, Inc. | Real Estate | $0.14B | $1.87B |
| 80 | ARI | Apollo Commercial Real Estate Finance, Inc. | Real Estate | $0.14B | $1.39B |
| 81 | EXR | Extra Space Storage Inc. | Real Estate | $0.14B | $30.74B |
| 82 | PKST | Peakstone Realty Trust | Real Estate | $0.14B | $0.78B |
| 83 | HPP | Hudson Pacific Properties, Inc. | Real Estate | $0.14B | $0.84B |
| 84 | COLD | Americold Realty Trust, Inc. | Real Estate | $0.14B | $4.54B |
| 85 | ESRT | Empire State Realty Trust, Inc. | Real Estate | $0.13B | $0.96B |
| 86 | INVH | Invitation Homes Inc. | Real Estate | $0.13B | $17.96B |
| 87 | JOE | The St. Joe Company | Real Estate | $0.13B | $3.48B |
| 88 | AAT | American Assets Trust, Inc. | Real Estate | $0.13B | $1.55B |
| 89 | ALX | Alexander's, Inc. | Real Estate | $0.13B | $1.41B |
| 90 | AGNT | AGNT, Inc | Real Estate | $0.12B | $0.70B |
| 91 | EXPI | eXp World Holdings Inc | Real Estate | $0.12B | $1.07B |
| 92 | REG | Regency Centers Corporation | Real Estate | $0.12B | $14.71B |
| 93 | HOUS | Anywhere Real Estate Inc. | Real Estate | $0.12B | $1.98B |
| 94 | AHR | American Healthcare REIT, Inc. | Real Estate | $0.11B | $10.55B |
| 95 | CCS | Century Communities, Inc. | Real Estate | $0.11B | $1.88B |
| 96 | SHO | Sunstone Hotel Investors, Inc. | Real Estate | $0.11B | $2.12B |
| 97 | AMH | American Homes 4 Rent | Real Estate | $0.11B | $12.18B |
| 98 | FRT | Federal Realty Investment Trust | Real Estate | $0.11B | $10.55B |
| 99 | DHC | Diversified Healthcare Trust | Real Estate | $0.11B | $2.16B |
| 100 | OUT | OUTFRONT Media Inc. | Real Estate | $0.10B | $5.84B |
No companies match this search.
How this ranking is built
Companies are ranked by cash & equivalents as reported in their most recent annual filing with the SEC. Figures shown are in US dollars (or percent, as noted), rounded to two decimals.
- Source: annual 10-K / 20-F filings from companies trading on US exchanges (NYSE, Nasdaq, AMEX).
- Fiscal year: whichever annual period the company has most recently filed. Fiscal years don't always align with the calendar year, so the "as of FY" stamp above reflects the most common year across the table.
- Filtered out: warrants, preferred shares, and duplicate listings that share a parent company's financials.
- Update cadence: refreshed as companies file new annual reports (typically within 60–90 days of fiscal year end).
Not financial advice. This is a research tool, not a recommendation.