klee12’s Activity

Yesterday

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klee12 replied to the Real Estate Inv. Trusts: REITs board. 12:40 AM

Re: ARCP Common & Preferred

Hello,

The latest in the saga of ARCP

[more]

Tue Dec 16

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klee12 replied to the Real Estate Inv. Trusts: REITs board. 12:00 AM

Re: ARCP Common & Preferred

Came across this. Thought some might be interested.

[more]

Thu Nov 20

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klee12 replied to the Real Estate Inv. Trusts: REITs board. 1:32 PM

Re: ARCP Common & Preferred

This is a continuation of a previous post on this tread (77621). That post discussed the events surrounding certain accounting errors of ARCP. This post will be concerned mostly with the fundamental business model NTR part of [more]

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klee12 replied to the Real Estate Inv. Trusts: REITs board. 12:28 PM

Re: ARCP Common & Preferred

Gracepeace

In the case of the ARCP preferred, since would not buy it because I think there are better high yield preferreds ... for example NRF-pE.

Everyone has his/her method of picking stocks. If I think the common is risky, I [more]

Wed Nov 19

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klee12 replied to the Real Estate Inv. Trusts: REITs board. 2:42 PM

Re: ARCP Common & Preferred

I also would be wary of ARCP. There are two risks that people have, IMHO, underestimated, namely that the accounting problems may be worse than expected and the business model may be unsound. I say may be, since the company has lacked, again IMHO, [more]

Tue Nov 4

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klee12 replied to the Real Estate Inv. Trusts: REITs board. 2:24 PM

Re: ARCP: Files "Non-Reliance" on fin

I did a little bit of thinking last night and the following is a summary of some facts and thoughts in context.

---------------------------------------
American Realty Capital (ARC)

[more]

Mon Nov 3

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klee12 replied to the Real Estate Inv. Trusts: REITs board. 2:42 PM

Re: ARCP: Files "Non-Reliance" on fin

Hello,

First a correction. The link in my previous post to the ARCP website was incoorect (it left off a final m) it should be

http://www.arcpreit.com


More info:

I have [more]

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klee12 replied to the Real Estate Inv. Trusts: REITs board. 12:49 AM

Re: ARCP: Files "Non-Reliance" on fin

Hello

I was confused by the relationship between the triple net REIT and the closed end funds sponsored by American Realty Capital. Here's what I found and it may be of interest to some on this thread.

There is American Capital [more]

Sat Nov 1

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klee12 replied to the Real Estate Inv. Trusts: REITs board. 10:57 PM

Re: ARCP: Files "Non-Reliance" on fin

Oops sorry. I left out the link to the WSJ article referred to in my last post. It is

[more]

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klee12 replied to the Real Estate Inv. Trusts: REITs board. 12:02 PM

Re: ARCP: Files "Non-Reliance" on fin

There's an article in the WSJ re ARC. I found it interesting because of the information it gives in the non-traded REIT (NTR) world.

1.There are entities that buys or trades NTRs. One of them reports that said that there is an uptick of [more]

Tue Oct 28

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klee12 replied to the Real Estate Inv. Trusts: REITs board. 10:28 PM

Re: REIT Preferred Stocks

When we discuss inflation we should indicate the time period for its onset or duration. I've been of the view for the last 4 or 5 years that inflation would not occur in the next one or two years, but that it might occur after two years. I've been [more]

Mon Oct 27

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klee12 replied to the Real Estate Inv. Trusts: REITs board. 6:50 PM

Re: OT. Future price of oil and gas

Hello Valuemongeragain,

Yes, everything is uncertain, and one cannot easily quantify risk, but we have to make assumption about some numbers if one wants to invest in the area of energy intelligently.

We must be careful with our [more]

Fri Oct 24

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klee12 posted to the Real Estate Inv. Trusts: REITs board. 1:41 PM

OT. Future price of oil and gas

There has been discussion of the future price of oil on another thread related to UBP-D, and I thought it appropriate to move that discussion to another thread

At

[more]

Thu Oct 23

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klee12 replied to the Real Estate Inv. Trusts: REITs board. 1:42 PM

Re: Intentions to call UBP-D

I also am rather skeptical of $50.00 oil.

From my limited understanding of the oil industry the marginal cost of producing a barrel of oil depends on many things. If the price of oil falls below the marginal cost of producing a barrel of oil [more]

Sat Oct 18

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klee12 replied to the Real Estate Inv. Trusts: REITs board. 11:47 AM

Re: REIT Preferreds: Sell today or hold forever

BruceM, thanks for putting your book on Kindle. I've downloaded it an started reading, but haven't finished due to something that has come up recently. I like your ideas and they are going to affect my strategy going forward.

I understand [more]

Wed Oct 15

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klee12 replied to the Real Estate Inv. Trusts: REITs board. 4:44 PM

Re: REIT Preferreds: Sell today or hold forever

I'll hold my preferreds forever (almost) so I guess I'm with Yoda other things being equal. But other things may not be equal. I can presently get (I think) a very safe yield of about 6%. That's (about 3.5% over treasuries and about 4% above [more]

Wed Oct 8

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klee12 replied to the Real Estate Inv. Trusts: REITs board. 3:04 PM

Re: Buybacks

Buybacks, as I see it, are the opposite of dilution which, other things being equal, lower EBITA/share. If dilutions are bad, then by my naive way of thinking buybacks are good. Besides one must usually pay tax on dividends. If buybacks cause the [more]

Thu Oct 2

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klee12 replied to the Real Estate Inv. Trusts: REITs board. 1:46 AM

Re: REIT swoon . . .thank the ETF's

Let's back up a bit. IIRC at one point Yoda suggested the institutions and/or hedge funds selling ETFs might have caused the swoon. Then discussion morphed into how ETFs worked. It was very informative and I learned a lot. But the question remains: [more]

Fri Sep 26

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klee12 replied to the Real Estate Inv. Trusts: REITs board. 3:00 PM

Re: non-traded REITs, NASM and NRF

This post presents further thoughts on non-traded REITs (NTRs). It is not about the morality (or lack thereof) of NTRs.

A list of major expenses that most retail investors are follows below. The are numbers taken from the perspectus of [more]

Wed Sep 24

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klee12 replied to the Real Estate Inv. Trusts: REITs board. 3:19 AM

Re: non-traded REITs, NASM and NRF

gtw999,

I agree with your analysis but you may be leaving out a factor that may be relevant to the decision of buying NTRs. In the article of the 2nd WSJ article,

[more]

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Big red star, 1000 posts Old School Fool
Board Posts 2543
Recs Received 7427
People who have rec'd these posts 427
Recs to Posts Ratio (last 30 days) N/A
Threads Started 116
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Most Frequent Board Real Estate Inv. Trusts: REITs
Very First Post What if REITs take off (11/24/1999)
Percentage of Posts Rec'd 72.28 %
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