MHpC - 3 Overlooked REIT Preferred Stock Options Offering Double-Digit Return Potential
Thesis
Equity REIT stock prices have approached pre-covid levels for many companies. However, REITs in the most affected sectors have seen their stock prices remain low. Whether stocks in the retail, hotel, and office sectors can return to pre-pandemic levels will largely be dependent on rent collections, rental rates, occupancy rates, and leasing volume levels. Preferred stock, a hybrid equity and debt investment, opportunities in the REIT space exist. Cedar Realty Trust and Medalist Diversified REIT have preferred shares trading at large discounts, as their properties face headwinds due to covid. Manufactured Housing Properties has