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Sign InNexPoint Residential Trust (NXRT) reported quarterly funds from operations (FFO) of $0.68 per share, beating estimates. Meanwhile, Alexandria Real Estate Equities (ARE) reported a net income of $358.9 million, primarily driven by a gain from debt extinguishment. Adding to the sector's momentum, Essex Property Trust (ESS) topped Q1 FFO and revenue estimates, while American Assets Trust (AAT) matched expectations with an FFO of $0.51 per share. These results highlight the operational resilience of major REITs in navigating a complex macroeconomic environment. Companies are currently focusing on capital recycling and the delivery of leased spaces to boost occupancy rates. Investors remain focused on how these firms balance one-time financial gains with the sustainability of core operational cash flows.