The following is an excerpt from What Changes Once Coronavirus Passes … And What Doesn’t?, originally published on Money & Markets. I don’t often go to the mall. I tend to avoid them like the plague. But that’s nothing new. I will dislike the mall no more post-coronavirus than I did before. I’m not alone. Americans are...Read More
To say the coronavirus bear market has been hard on REITs would be an understatement. While the S&P 500 was down about 35% at its lowest point (thus far), the Vanguard Real Estate Index Fund (VNQ) was down 44%. And the damage in many individual REITs was far worse. As an example, triple-net retail REIT VEREIT...Read More
The following is an excerpt from With the US Economy in a Deep Freeze, Is There Value in the REIT Wreck? REITs are normally a quiet corner of the market. Because they tend to pay high dividends, they’re a favorite of income-starved retirees. Well, I’m not speaking in hyperbole when I say they got their heads...Read More
Here’s a fun article by my colleague Bill Washinski to take your mind off of the coronavirus crisis for a while. Enjoy! — Charles When Star Trek the Next Generation (“TNG”) first came on the air in 1987, it had high hopes and big shoes to fill from the original Star Trek. It also had a...Read More
Macquarie Infrastructure eliminated its dividend yesterday. Shares are now undervalued by at least 50%. The company owns real assets that generate real cash flows.Read More
