Two of my favorite west coast REITs, Essex Property Trust (ESS) and Retail Opportunity Investment Corporation (ROIC), have been valuable players in my Intelligent REIT Investor (newsletter) portfolio. Essex, with a market cap of around $6.3 billion has increased in price (current $166.39) by around 5% (over the last 30 days) and ROIC, with a market cap of around $950 million has increased in price (current $14.12) by around 2% (during the last 30 days).
One thing to keep in mind when building a REIT portfolio is to structure an investment strategy and asset allocation mix consistent with the principles of diversification. Once deciding your appropriate level of REIT exposure (see my...
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