The REIT Meltdown Accelerates: Long-Term Investors Should Rejoice

Sep. 23, 2023 8:10 AM ET, , , , , , , , , , , , , , , 288 Comments

Summary

  • REITs experienced a significant selloff after the Federal Reserve indicated that high interest rates will persist for a while.
  • Despite the market panic, or rather because of it, dividend investors should take this opportunity to buy shares in high-quality yet attractively valued REITs.
  • I discuss why it does not make sense to talk about how "REITs" will do this or that (despite doing it all the time myself), because the average isn't representative.
  • Instead of giving my usual pitch for the most incredible bargains among high-quality REITs, I instead discuss three REITs in my portfolio that have held up remarkably well amid the onslaught.
  • Looking for a helping hand in the market? Members of High Yield Landlord get exclusive ideas and guidance to navigate any climate. Learn More »
Real Estate Meltdown

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Real estate investment trusts ("REITs") were absolutely crushed this week as the Federal Reserve indicated after their recent meeting that high interest rates are here to stay for a while.

What is striking about this selloff is that very little

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This article was written by

20.43K Followers

Austin Rogers is a REIT specialist with a professional background in commercial real estate. He writes about high-quality dividend growth stocks with the goal of generating the safest growing passive income stream possible. Since his ideal holding period is "lifelong," his focus is on portfolio income growth rather than total returns.

Austin is a contributing author for the investing group High Yield Landlord, one of the largest real estate investment communities on Seeking Alpha, with thousands of members. It offers exclusive research on the global REIT sector, multiple real money portfolios, an active chat room, and direct access to the analysts. Learn more.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of CCI, ARE, EGP, AMH, IVT 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.

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.

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