This residential real estate investment trust (REIT) is actively growing its portfolio through development and acquisition and has been raising its short-term rental rates at an inflation-beating pace in a particularly recession-proof industry. The stock market had a brutal sell-off, bond yields rose, and the Fed Funds futures became more hawkish, handicapping another 150 basis points of rate hikes this year. W. P. Carey has a solid financial profile to support its growth, including a reasonable dividend payout ratio (enabling it to retain cash to fund new investments) and an investment-grade balance sheet.