Sunday, December 22, 2024
Since the pandemic, Rithm Capital (RITM) has dramatically expanded its business operations; it now functions as a global asset manager. But, the market continues to price RITM as if it were still a narrowly focused finance REIT. Over the last few years, Rithm has expanded its business to offer a wide range of finance and […]
We are in the early days of the 2024 second-quarter corporate earnings season. For many of the stocks I follow, earnings results are often the only “real news” I can get about these companies. Earnings results show whether or not a company remains on track, is improving, or is going in the wrong direction. Small-to-mid-cap […]
On Friday, July 12, a short Bloomberg article on Arbor Realty Corp (ABR) caused the share price to drop 20% in minutes. Let’s look at how the piece, titled “Arbor Realty Probed by DOJ Over Lending Practices, Loan Book,” was more a hit piece than some factual reporting. What first got my attention was that […]
Activist investor Jonathan Litt is at it again. The activist investor, specializing in real estate investment trusts, started his firm, Land & Buildings, in 2008 and has been battling real estate investment trust (REIT) boards to improve returns for himself and other investors ever since. Litt has waged several successful campaigns at BRE Properties, Associated […]
In the current environment, with interest rates rising and inflation still threatening the U.S. economy, it is hard to find many who are bullish on real estate. Momentum is very negative, and that will not change overnight. However, when everyone hates a sector, as currently seems to be the case with real estate-related securities, it […]
There is an asset class that’s worth around $3 trillion in the United States. Yet, it is completely ignored by Wall Street and is rarely on investors’ radar screens. The asset class I’m talking about is farmland. No matter the current economic There are already a lot of people to feed—about 7.9 billion—and that number […]
Self-storage real estate investment trusts (REITs) own, operate, and manage mini-warehouse storage facilities at which people pay to store items they do not need immediately, but do not want to discard. Recently, investors have not stored these shares for safekeeping in their portfolio. Instead, they have sent the stocks of self-storage operators straight to the […]
