RE:RE:RE:Dead BoardBubba359 wrote: Defiance , your operative words , Were could be. Now l have no clue on how old you are or your investing timeline, I have stressed one thing and one thing only , A balanced approach , growth with corresponding dividend increases. That is what REITS are supposed to do , Returns for investors. Again l have mentioned when NXR was a no name on the Venture and over a billion less in assets , their div was exactly the same as today , not a penny more. Why some may love growth and momentum , been there done that , l do not have a time horizon of decades and maybys, the here and now is what l deal in. The stock is down 10% so what else is new , but this is due in not a small part to mgmt going to the market to purchase what they call accretive buys. Accretive to who , not us .As l said l still hold a position , vastly smaller and yes l made excellent returns on NXR , but for the foreseeable future l think those days are gone and there are better opportunities to be found elsewhere . Cheers to a real Shareholder and stick it to the paid stalking trolls, they own nothing , contribute less and are here to create reads , false leaderboards for a very unscrupulous Company
On the short term that in this case I was refering to, you could look at similar type of non-operational, name or share changes that lead to a near term boost. My time frame is whenever the gap between the share price and what I percieve a fair value is minimized or even exceeded.
On an old post I had that disappeared I talked about different types of real estate and the returns. I also talked about accreditive to benefit over the potential for future rent increases and cap rate compressions. Industrial 3-6 cap rate is hardly comparable to 6-10 cap rate retail and office properties. Comparing it to regular companies which can buy assets that are valued lower and can have synergies is not possible. Real estate you may get better financing or ability to issue equity.
Since 2007 retail has been roughly flat compared to apartments and industrial which have increased in SP and dividend (less than SP). CAR which is a long term property holder being in a near-term 2.5-3% yield or a yield on cost from 2007 highs of roughly 6.5-7.5%. There arent any publically listed industrial REITs that still exist from 2007. Point being is properties that can grow rent and be desired at a lower cap rate did well. Even though at the time of 2007 apartments (likely) had a lower cap rate or comparable to retail over time apartments grew in income and became valued at a significantly lower cap rate.