Reitnut’s Activity

Sun Mar 8

NL

Boards Post

Reitnut replied to the Real Estate Inv. Trusts: REITs board. 10:17 PM

Re: VNQ down over 3% this morning

Seems like reasoning on stilts to me, all starting with one month's employment rates, a single point of data that may be revised. Maybe the better explanation is simply: the herd stampeded south this morning.

Great post, gtw999. I [more]

Sun Mar 1

NL

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Reitnut posted to the Real Estate Inv. Trusts: REITs board. 6:57 PM

High REIT Prices: Should We Worry?

Here's another Block Party post I did for SNL, which was posted about a month ago. It may be of interest to some of you. My timing wasn't very good, as I believe REIT stocks grossly underperformed in February. But I still stubbornly believe in [more]

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Reitnut replied to the Real Estate Inv. Trusts: REITs board. 6:49 PM

Re: READ this before buying REIT preferreds

Most of the quality REIT pfds that I track have YTFCs in the neighborhood of the low 4% to the mid-5% range. That may - or may not - be acceptable to many investors, but it's lower than the 6-7% that we have been accustomed to in recent years. There [more]

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Reitnut replied to the Real Estate Inv. Trusts: REITs board. 6:35 PM

Re: HCN issuing more shares. Again....

The HCN secondary was a good move. It is financing current acquisitions partially with equity to avoid goosing debt leverage, and it is selling new shares at a price well above NAV. We don't know, of course, for how long the HC REITs can continue to [more]

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Reitnut replied to the Real Estate Inv. Trusts: REITs board. 6:30 PM

Re: Interesting Chart

As BG has noted, performance figures are heavily influenced by the time periods used. KIM performed well for a while, then was badly trashed during the Great Recession. KIM's sin was to go outside of US real estate (into Canada, Mexico and Latin [more]

Sun Feb 15

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Reitnut replied to the Real Estate Inv. Trusts: REITs board. 9:46 PM

Re: REIT Pfds: Catch-22?

There's a bit more risk in TCBIP these days, as it's a Texas bank. The common stock (TCBI) dropped from about $62 to $42 during the drop in oil prices over the past roughly six months. But, this is still a well-run bank, and I don't think the risk [more]

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Reitnut posted to the Real Estate Inv. Trusts: REITs board. 6:20 PM

REIT Pfds: Catch-22?

Those of us who have been very happy with our REIT pfds are now going through the agonies of a very troubling “Catch-22.” The term “Catch-22” has been defined as “a dilemma or difficult circumstance from which there is no escape because of mutually [more]

Tue Feb 10

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Reitnut posted to the Real Estate Inv. Trusts: REITs board. 9:16 PM

ARE and AREEP

A friend of mine who posts here sent me an email saying that someone wanted me to re-post my Block Party post on ARE and AREEP. It was written in November of last year, and I have not updated it for purposes of this post. But, I think the ARE [more]

Sun Feb 8

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Reitnut posted to the Real Estate Inv. Trusts: REITs board. 8:35 PM

New Arrivals in REITville

Here's another Block Party post from a few weeks back for those who have nothing better to do...

Ralph


REIT world may not change as quickly as other investment realms – such as technology or biotech – but it does evolve, [more]

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Reitnut replied to the Real Estate Inv. Trusts: REITs board. 8:29 PM

Re: What market sickness hit the REIT's today?

It was, indeed, interest rate fears. Note that electric utility stocks also took a bit hit on Friday; DUK was down over 4%, and the Dow Jones Utility index was also down by over 4%.

The market, for some time, has been treating REIT commons [more]

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Reitnut replied to the Real Estate Inv. Trusts: REITs board. 8:12 PM

Re: Poll: Yield to First Call Selling Point

Some of the pfds are selling at really low YTFCs. I sold my KRCpG last week, at YTFC of something under 4%. There was a big buyer out there. Most of the quality REIT pfds are trading at YTFCs in the mid-4% range.

This is skimpy, of course, [more]

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Reitnut replied to the Real Estate Inv. Trusts: REITs board. 7:57 PM

Re: What About VTR

Determining whether VTR is overpriced is a difficult exercise. HC REIT stocks have been trading at sizeable NAV premiums for years. When this occurs, it is usually due to one of two factors (or both): (1) The market thinks that cap rates will be [more]

Sun Jan 18

NL

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Reitnut replied to the Real Estate Inv. Trusts: REITs board. 8:22 PM

Re: Have we seen the O & G Bottom

Excellent post, Yoda, and I am inclined to agree with you. That said, I know next to nothing about oil and gas, or their stocks. But I did make one buy recently, which I will pass along to you for the very little it may be worth.

Canadian [more]

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Reitnut replied to the Real Estate Inv. Trusts: REITs board. 8:02 PM

Re: AVB, MAA

Today, thanks to REITs' sizzling performance year-to-date, we have seen NAV premiums rise significantly. AVB is now trading, for example, at something like a 14% NAV premium. Many other REITs are also trading at similar premiums.

Speaking [more]

Sun Jan 11

NL

Boards Post

Reitnut replied to the Real Estate Inv. Trusts: REITs board. 8:36 PM

Re: 25 Years of Outperformance

Ralph:
Could it be that one of the reasons REIT's have outperformed is because they don't pay taxes at the corporate level...


That is certainly possible. The key thing, I think, is that REITs have performed so well for such long [more]

Sun Jan 4

NL

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Reitnut posted to the Real Estate Inv. Trusts: REITs board. 8:43 PM

25 Years of Outperformance

Picking up with Block Party posts of recent past, here is another for those who may be interested (from a late November post).

Ralph


Over the past 25 years, REIT stocks, according to the FTSE NAREIT All Equity REITs index, [more]

Sat Nov 1

NL

Boards Post

Reitnut replied to the Real Estate Inv. Trusts: REITs board. 9:17 PM

Re: ROIC reports

I have been asked by a friend who posts here regularly to say a few words about ROIC's warrants. As some of you may remember, ROIC issued 49.4MM warrants way back in 2007 in connection with its IPO, exercisable at $12 and expiring in October of this [more]

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Boards Stats & Trivia

Big red star, 1000 posts Top Favorite Fools Feste Award Nominee! Feste Award Winner! Old School Fool
Board Posts 3483
Recs Received 36379
People who have rec'd these posts 1162
Recs to Posts Ratio (last 30 days) N/A
Threads Started 443
Threads Started Percentage 12.72 %
Most Frequent Board Real Estate Inv. Trusts: REITs
Very First Post Re: Where's REITNut? (8/24/1999)
Percentage of Posts Rec'd 86.30 %
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