To buy REITs, or not to buy REITs…that is the question. On the one hand, REITs trade at a significant discount to private real estate values, REIT’s have strong earnings growth, and REIT’s own the highest quality commercial real estate portfolios in the country. On the other hand, leading macroeconomic indicators are pointing towards recession.…
Author: The Serenity Blog Team
REIT Opportunity: Preparing For The Next Bull Market
In the following piece, we blend REIT history with financial theory to tackle this difficult topic. The period spanning 2010 to 2016 was a recent period of extended outperformance for REITs relative to other asset classes, with the sector outperforming stocks and bonds for 5 out of 6 years. What propelled the sector higher during…
The Coronavirus, Commercial Real Estate And REITs
The publicly traded REIT market offers a broad opportunity set for real estate investors to take advantage of. Even in times of crisis, there are REITs that can protect investor's capital, and opportunities to hedge by selling REITs short. For an expert view on current opportunities during a period of heightened volatility, contact Martin Kollmorgen…
Vornado's theMART - Still Relevant at 90
Iconic assets and visionary management teams are staples of the publicly traded REIT market. It’s not uncommon for REIT assets to create or transform entire neighborhood ecosystems. Finding access to these types of assets outside of the publicly traded REITs is almost impossible for non-institutional investors. Vornado (VNO) has done an incredible job re-vitalizing the…
U.S. REITs End 2019 With Double-Digit Returns
Many investors think they can safely ignore the publicly traded REIT market for various reasons. After a 28% surge in 2019, the opportunity cost of ignoring publicly-traded REITs should be evident. With industrial, data center, single family housing, and timber REITs all returning in excess of 40% over the last twelve months, many investors will…