Billionaire Investor Says 'Buy REITs'

Aug. 27, 2022 9:00 AM ETBX, VNQ, UMH, ARE, SPG, BSRTF, VNNVF, VONOY, STAG, BAM, WSR181 Comments

Summary

  • Steve Schwarzman and John Gray from Blackstone are seeing the best opportunities in REITs.
  • That's because REITs are down sharply even as private real estate values have remained stable for the most part.
  • We can expect more M&A in the near term, and now is a great time to accumulate REITs at large discounts to fair value.
  • Looking for a portfolio of ideas like this one? Members of High Yield Landlord get exclusive access to our model portfolio. Learn More »

The New York Times 2014 DealBook Conference

Thos Robinson/Getty Images Entertainment

Blackstone (BX) just recently held its second-quarter earnings call, and in it, we got to hear their thoughts on the best investment opportunities in today's marketplace.

In case you aren't familiar with Blackstone, it is the biggest

Blackstone buys REITs

Blackstone

Chart
Data by YCharts

Texan apartment communities keep growing rents rapidly

BSR REIT

Service oriented shopping center

Whitestone REIT

High Yield Landlord Core Portfolio

High Yield Landlord

With Better Information, You Get Better Results…

https://static.seekingalpha.com/uploads/2019/7/2/47644028-1562056701133197.png

At High Yield Landlord, We spend 1000s of hours and well over $100,000 per year researching the REIT, MLP, and BDC markets for the most profitable investment opportunities and share the results with you at a tiny fraction of the cost.

  • We are the #1 rated service on Seeking Alpha with a perfect 5/5 rating.
  • We are the #1 ranked service for Real Asset Investors with over 1500 members.

Take advantage of the 2-week free trial and become a "Passive Landlord" with our 8% Yielding Real Asset Portfolio!

https://static.seekingalpha.com/uploads/2019/3/20/47644028-15530999523309054.png

This article was written by

Jussi Askola profile picture
57.01K Followers
Become a “Passive Landlord” with our 8% Yielding Real Estate Portfolio.

Jussi Askola is a former private equity real estate investor with experience working for a +$250 million investment firm in Dallas, Texas; and performing property acquisition in Germany. Today, he is the author of "High Yield Landlord” - the #1 ranked real estate service on Seeking Alpha. Join us for a 2-week free trial and get access to all my highest conviction investment ideas. Click here to learn more! 

Jussi is also the President of Leonberg Capital - a value-oriented investment boutique specializing in mispriced real estate securities often trading at high discounts to NAV and excessive yields. In addition to having passed all CFA exams, Jussi holds a BSc in Real Estate Finance from University Nürtingen-Geislingen (Germany) and a BSc in Property Management from University of South Wales (UK). He has authored award-winning academic papers on REIT investing, been featured on numerous financial media outlets, has over 50,000 followers on SeekingAlpha, and built relationships with many top REIT executives.


DISCLAIMER: Jussi Askola is not a Registered Investment Advisor or Financial Planner. The information in his articles and his comments on SeekingAlpha.com or elsewhere is provided for information purposes only. Do your own research or seek the advice of a qualified professional. You are responsible for your own investment decisions. High Yield Landlord is managed by Leonberg Capital.

Disclosure: I/we have a beneficial long position in the shares of STAG; WSR; HOM.U; ARE; UMH; SPG either through stock ownership, options, or other derivatives. 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.

Recommended For You

Comments (181)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.