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.…
Tag: Real Estate Investing
A Brave New REIT World - September 2021 Newsletter
Investing requires imagination. We search history for a detailed map of the way ahead, but the directions that we find are never fully accurate. The investing past never truly repeats itself and the market is constantly creating new narratives and breaking into regions hitherto unexplored. The REIT market is no exception. Conventional wisdom one day…
Owning REITs in a Hedge Fund: The New Frontier
The investing landscape has changed meaningfully over the last 20 years. Gone are the days of calling your broker to buy or sell shares or looking up stock quotes in the daily newspaper. In the modern era, you can invest in almost any asset class, across any global market simply with the click of a…