MAA - 2 A-Rated Sun Belt REITs So You Can Sleep Well At Night
2024-04-15 07:00:00 ET
Summary
- Sun Belt real estate is considered a primary investment attribute due to its opportunistic GDP growth and population growth.
- Two apartment REITs, Camden Property Trust and Mid-America Apartment Communities, are identified as undervalued, high-quality investments with attractive yields and upside potential.
- Both REITs have solid fundamentals, good profitability, and a focus on high-growth markets, making them strong candidates for long-term investment.
This article was co-produced with Wolf Report.
On Friday, I conducted a seminar at the MoneyShow in Miami on the topic of "Sunbelt REIT Investing". As I informed the audience, I consider "sun belt" real estate to be a primary investment attribute given the opportunistic GDP growth (as shown below).
GDP (US Bureau of Economic Analysis)
I live in the Sun Belt (Greenville-Spartanburg) and I've witnessed the exponential growth first-hand. As you can see below, the Sun Belt leads the largest population growth in the US.
Population Growth (US Census Bureau)
Since 2022, I've been focusing on Sun Belt real estate, recognizing that demand for certain REITs has created an opportunity set that should lead to strong returns....
2 A-Rated Sun Belt REITs So You Can Sleep Well At Night