2 Risky REITs That We Sold Recently

Mar. 31, 2021 9:51 AM ET, , , , , , , , , 64 Comments

Summary

  • The REIT market has strongly recovered over the past months.
  • As a result of this recovery, some REITs have risen too far, too fast, and have become risky.
  • We highlight two REITs that we sold recently. We remain bullish long term on these companies, but find better opportunities elsewhere.
  • Looking for a portfolio of ideas like this one? Members of High Yield Landlord get exclusive access to our model portfolio. Learn More »

Risk icon on speedometer. High risk meter. Vector stock illustration.
Photo by Oleksandr Hruts/iStock via Getty Images

For most of 2020, it was very easy to find opportunities in the REIT (VNQ) market:

  • Valuations were low...
  • Balance sheets were strong...
  • And the near-0% interest rates only made REITs more appealing.

What Are We Buying?

For a Limited-Time - You can join Seeking Alpha’s largest community of real estate investors at the Lowest-Rate-Ever-Offered.

Try it Free for 2-Weeks. If you don’t like it, we won’t charge you a penny! We have nearly 400 five-star reviews from happy members who are already profiting from our real estate portfolio.

We spend 1000s of hours and over $100,000 per year researching the real estate market. Join us today and get instant access to all our Favorite Ideas!

          Start Your 2-Week Free Trial Today!

This article was written by

67.45K Followers

Jussi Askola is the President of Leonberg Capital, a value-oriented investment boutique that consults hedge funds, family offices, and private equity firms on REIT investing. He has authored award-winning academic papers on REIT investing, has passed all three CFA exams, and has built relationships with many top REIT executives.

He is the leader of the investing group High Yield Landlord, where he shares his real-money REIT portfolio and transactions in real-time. Features of the group include: three portfolios (core, retirement, international), buy/sell alerts, and a chat room with direct access to Jussi and his team of analysts to ask questions. Learn more.

Analyst’s Disclosure:I am/we are long BRX. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

Related Stocks

SymbolLast Price% Chg
BRX--
Brixmor Property Group Inc.
HT--
Hersha Hospitality Trust
HT.PR.C--
Hersha Hospitality Trust PFD SER C 6.875%
HT.PR.D--
Hersha Hospitality Trust RED PFD SER D
HT.PR.E--
Hersha Hospitality Trust PFD CUM RED E

Related Analysis