Jay Kornreich

Vice President, Equity Research

AREA OF FOCUS

Gaming & Hotel REITs

ASSOCIATIONS

Series 7, 63, and 86 and 87 licenses

ANALYST BIOGRAPHY

Jay Kornreich is Vice President, Equity Research covering the real estate investment trust (“REITs”) space. He began his career in financial analytics and sales at Bloomberg. His time spent there allowed Jay unique insight into the workings of the industry, granting him the skills to produce data-driven analysis to identify core differentiators and industry trends. Following his time with Bloomberg, Jay transitioned to Equity Research at Cantor Fitzgerald, where his interest in the REITs space grew. In 2019, Jay joined SMBC, advancing from Associate to Vice President and collaborating closely with Managing Director, Richard Anderson to build the REITs Equity Research platform together. The team moved to Wedbush Securities in 2023.

Along with Managing Director, Richard Anderson, Jay is entirely focused on producing top-tier analysis, a strategy that proves successful in providing thought-provoking research to facilitate relationships and lend critical insight to happenings within the industry. The team prides themselves on being a strong, trusted conduit between investors and management teams.

Jay received his bachelor’s degree from the University of Michigan. Originally from Arizona, he resides in Brooklyn, New York. Outside of work, Jay is an avid sports-enthusiast, ping-pong and basketball player and hiker.

ANALYST EDGE

Jay's unique edge lies in his diverse financial background, data-driven analysis skills, and deep understanding of real estate dynamics. He excels at identifying the pivotal trends that shape industry discourse and ultimately influence the performance of real estate investment trusts. Jay’s exceptional skills empower investors with invaluable insights, enabling them to comprehend the foundational factors that underpin REITs’ long-term narrative.

COMPANIES UNDER COVERAGE

  • Air Communities (AIRC)
  • Alexandria Real Estate (ARE)
  • AvalonBay Communities (AVB)
  • Boston Properties (BXP)
  • Camden Property (CPT)
  • COPT Defense Properties (CDP)
  • Douglas Emmett (DEI)
  • EastGroup Properties (EGP)
  • Equity Residential (EQR)
  • Essex Property (ESS)
  • First Industrial (FR)
  • Gaming and Leisure Prop. (GLPI)
  • Healthcare Realty (HR)
  • Healthpeak Properties (PEAK)
  • Host Hotels & Resorts (HST)
  • Hudson Pacific Prop. (HPP)
  • LTC Properties (LTC)
  • Mid-America Apartments (MAA)
  • National Health Investors (NHI)
  • Omega Healthcare (OHI)
  • Park Hotels and Resorts (PK)
  • Pebblebrook Hotel (PEB)
  • Ryman Hospitality Prop. (RHP)
  • Sabra Health Care (SBRA)
  • Safehold, Inc. (SAFE)
  • Terreno Realty (TRNO)
  • UDR, Inc. (UDR)
  • Ventas (VTR)
  • VICI Properties, Inc. (VICI)
  • Welltower (WELL)