Real Estate

What Blackstone’s Huge Office Mortgage Write-Off Really Means

What Blackstone’s Huge Office Mortgage Write-Off Really Means

Last week, commercial mortgage REIT Blackstone Mortgage Trust (BXMT) reported first-quarter earnings, and the loan charge-offs are starting to pile up. The BXMT results give us a snapshot of the commercial mortgage market, specifically office mortgages. We can also examine the prospects for this finance REIT and its competitors. BXMT has a $21.1 billion portfolio […]

Real Estate Income Giant Just Made Its Next Great Move

Real Estate Income Giant Just Made Its Next Great Move

A year ago, Rithm Capital (RITM) changed its name to reflect a broader business scope. Formerly known as New Residential Investments, the company is expanding beyond mortgage-related services and investments. Last week, Rithm announced the acquisition of Sculptor Capital Management (SCU) for $639 million, or $11.15 per share. Let’s take a look at what Rithm […]

What’s Next for Real Estate Investing, With Sandy Schmid

What’s Next for Real Estate Investing, With Sandy Schmid

As you know, real estate is one of my favorite investment vehicles. So this Independence Day, while you enjoy your beer, food, company, and fireworks, I want to show you what’s next in the real estate market… And where the profits are. That’s exactly what you’ll see in today’s in-depth discussion with Sandy Schmid, Director […]

Why MLPs Will Be a Top Income Category in 2023

Why MLPs Will Be a Top Income Category in 2023

In these early days of 2023, I often find myself thinking about how attractive Master Limited Partnership (MLP) investments look as we move into the year. After a great 2022, energy infrastructure companies are poised to perform well again this year. The big choice is whether to invest in midstream MLPs or shares of midstream […]

Activist Investor Sends This REIT Stock Surging

Activist Investor Sends This REIT Stock Surging

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 […]

Big Banks Just Gave You a 10%+ Yield Opportunity

Big Banks Just Gave You a 10%+ Yield Opportunity

A recent article on mortgage-backed securities (MBS) had me going, “huh?” The story covers MBSs being very popular when mortgage rates were less than 3%, but now with rates over 7%, large, institutional buyers are staying away. That’s one reason why mortgage rates are so high, despite MBSs in theory being more profitable today. That’s […]

Three High-Yield Net Lease REITs “On Sale”

Three High-Yield Net Lease REITs “On Sale”

Net lease REITs own stand-alone properties leased to tenants on long-term, triple net leases—meaning the tenant pays all the expenses for the property, including taxes, insurance, and maintenance, and the property owner does not have to deal with the rising costs associated with these expenses. Typically, net lease contracts are long-term, with built-in rent escalators. […]