Alex Pettee, CFA. President & Portfolio Manager. Hoya Capital Real Estate is a division of Pettee Investors, Inc, a SEC-Registered Investment Advisor. Hoya Capital Real Estate focuses on research of the residential and commercial real estate industry and advisory of well-balanced public real estate equity portfolios. Hoya Capital Index Innovations, an affiliated company, is an Index Provider that creates and administers custom indexes that track the US real estate market. All of our research is for informational purpose only, always provided free of charge. Recommendations and commentary are purely theoretical and not intended as investment advice. Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed.