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CLPR - Don't Evict Dividend Growers
September, 22 2020 06:31 PM
Clipper Realty Inc.
Many apartment REITs remain at substantial discounts to NAV. There is a clear correlation with coastal properties and larger discounts to NAV. There are significant headwinds in those markets, but they won't last forever. There are two main dividend cutters in the section: BRG and APTS. On the other hand, there are several great apartment REITs like ESS. We're reiterating our bullish view on ESS here. It's a great REIT trading at a substantial discount to the net value of the real estate. For further details see:
Don't Evict Dividend Growers
Stock Information
Company Name:
Clipper Realty Inc.
Stock Symbol:
CLPR
Market:
NYSE
Website:
clipperrealty.com
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