Brad Thomas
Dividend growth investing, REITs, newsletter provider, value

No "Mud Pie Eating Contest" For National Retail Properties

2013 was a pretty volatile year in the REIT sector, and hopefully that will lead to opportunity in 2014. Prior to May 22 (of 2013) the Triple Net REITs and the Health Care REITs were the top performers; however, after the Fed minutes in May, the REITs with shorter-term leases, notable self-storage and hotels took the top spot on the REIT podium.

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Yet in the last quarter of 2013 the Triple Net REITs began to trend into a more common theme of outperformance. The sell-off that began in May left most Triple Net REITs with a new "slate," where pricing now seemed more opportunistic. Accordingly, the fourth quarter for Triple Net REITs almost defied gravity as the...

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