Government Properties Income Trust (NYSE: GOV) reported first-quarter funds from operations (FFO)—from which dividends are paid—of $40.8 million, or $0.58 per share, which is in line with analysts’ expectations.

The company reported a loss of $33.4 million, or $0.47 per share, compared with a profit of $15.2 million, or $0.28, last year. The net loss included a non-cash loss of $40.8 million that was related to an equity investee’s issuing of shares.

The REIT’s shares dropped 13.4% year-to-date and trade near their 52-week low. Currently trading at a 50% discount to our price target, this 8.7% yielder is a buy under $30.

Starwood Property Trust’s (NSDQ: STWD) EPS of $0.52 beat consensus estimates by 3 cents as quarterly revenue fell 13.2% to $135.9 million. The company’s core earnings jumped 10% to $123.7 million, or $0.55 per diluted share, providing 1.14 times coverage on its $0.48 quarterly distribution.

During the period, Starwood added office and family properties in Ireland for about $500 million, a little less than half of its $1.2 billion in capital spending for the quarter.

Management affirmed its fiscal 2015 earnings guidance to $2.05 to $2.25 per share, which at its midpoint is 24% higher than current average expectations of $1.73 per share.

Yielding 8%, Starwood is a buy up to $32.

Realty Income Corp. (NYSE: O) added 83 new properties in the first quarter for a total of $239.9 million, bringing its total portfolio to 4,378 single-tenant commercial properties. The company expects to spend another $460 million to $760 million on acquisitions in 2015.

First-quarter earnings came in at $60.5 million, or $0.27 per share, compared with $47.2 million, or $0.23 per share last year. Revenue rose 11.4% to $246.9 million, from $221.6 million.

Yielding a solid 4.8%, O is a buy up to $55.

Senior Housing Properties Trust (NYSE: SNH) announced adjusted FFO per share rose 4.7% to $98.6 million, or $0.45 per share, due to the impact of a recent acquisition made on April 1, 2015. The company added 37 senior-living communities for $763 million. SNH is a buy up to $30 and yields 7.9%.

HCP (NYSE: HCP) reported first-quarter FFO per share of $0.79, beating the Zacks estimate of $0.75 per share.

Total revenue rose 15.2% to $610.8 million, also beating the Zacks estimate of $591 million.

Due to its recent acquisitions and leasing activities, management raised its adjusted FFO-per-share guidance to $3.09 to $3.15 per share, compared with a prior estimate of $3.06 to $3.12 per share.

HCP, with a yield of 5.7%, is a buy up to $44.