STWD - Who's Buying These High Yield REITs?
2024-06-28 07:00:00 ET
Summary
- I'm not against owning high yielding REITs.
- In fact, I own several of them, which is the topic of my article today.
- Always consider the stability and predictability of a REITs operating cash flows, rents, built-in-increases, and real estate operating costs.
As you may have noticed, I recently wrote an article titled "Who Else Is Avoiding These 3 High Yielding REITs?"
In this article, I highlighted three REITs that I'm avoiding:
- Granite Point Mortgage Trust Inc. ( GPMT )
- Service Properties Trust ( SVC )
- Global Net Lease, Inc. ( GNL ).
To be clear, I'm not against owning high yielding REITs.
In fact, I own several of them, which is the topic of my article today.
I prefer safer names like Realty Income Corporation ( O ), VICI Properties ( VICI ), and Agree Realty ( ADC ), just to name a few....
Who's Buying These High Yield REITs?